Shares of Microsoft surged nearly 2% on Monday morning after Microsoft’s Chief Executive Satya Nadella officially welcomed Altman and Brockman former co-founders of OpenAI, to helm an innovative AI research team
In a significant development, Microsoft has officially welcomed the dynamic duo, Altman and Brockman, former co-founders of OpenAI, to helm an innovative AI research team. This strategic move, announced on Sunday, triggered an enthusiastic response in the stock market, with Microsoft shares experiencing a notable 2% surge.
Satya Nadella, Microsoft’s Chief Executive, shared his optimism about the collaboration, expressing confidence in Altman and Brockman’s leadership to drive groundbreaking advancements in artificial intelligence.
The company is poised to swiftly provide the necessary resources to support the new AI research team’s endeavors. As of 9:57 am (GMT-5), Microsoft’s shares were surging at 1.44%, reaching an impressive $375.19.