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Sam Altman becoming a member of Microsoft is a ‘enormous coup’: Analyst

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It was a whirlwind weekend at OpenAI after the board ousted CEO Sam Altman on Friday, which led to pleas from staff and buyers to deliver him again, just for him to affix Microsoft (MSFT) early Monday morning after talks for him to return the corporate failed. RBC Capital Markets Software program Fairness Analyst Rishi Jaluria says the transfer is “an enormous coup for Microsoft,” and that bringing Altman on board is “actually the best-case situation for Microsoft given the whole lot that transpired since Friday.” As for what the transfer means for the Microsoft-OpenAI relationship, Jaluria expects the 2 firms to proceed to work collectively, however it “stays to be seen” if Microsoft will make investments internet new cash within the partnership. “It is sort of Microsoft wins no mater what sort situation,” Jaluria says.

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