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home / articles / TECH - Microsoft's Housing Plan For OpenAI Staff Paused Following Sam Altman's CEO Reinstatement: Report | Benzinga


TECH - Microsoft's Housing Plan For OpenAI Staff Paused Following Sam Altman's CEO Reinstatement: Report | Benzinga

In light of recent leadership changes at OpenAIMicrosoft Corp. (NASDAQ:MSFT) has been readying its San Francisco offices to accommodate OpenAI employees. However, with Sam Altman reclaiming his CEO position at OpenAI, this plan may have hit a roadblock.

What Happened: Microsoft had been preparing to host OpenAI staff in its San Francisco LinkedIn offices following the sudden removal of Altman as CEO, as per multiple media reports, reported Business Insider.

Microsoft’s CEO Satya Nadella had roped in Altman to head a new AI research team in the wake of his removal. The tech behemoth, which has invested more than $10 billion in OpenAI and holds around 49% of the AI firm, was all set to facilitate the OpenAI team’s move, according to a source cited by Axios.

Microsoft had even begun arranging MacBook laptops and training clusters to ensure a seamless transition for the staff. The company’s HR and legal teams were also ready to address hiring and ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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