Home » Microsoft scores its own ‘coup’ as OpenAI drama leaves it in a better spot than before

Microsoft scores its own ‘coup’ as OpenAI drama leaves it in a better spot than before

by WorldFinance
0 comment 1 minutes read

Microsoft Corp. has moved quickly to turn a negative into a positive, and that’s winning it Wall Street cheers Monday.

When news broke late Friday that OpenAI’s board had ousted Sam Altman as chief executive, Microsoft shares MSFT extended earlier declines as analysts wondered about the future of the ChatGPT parent company, which counts Microsoft as an investor and partner. Altman had been the face of OpenAI — and arguably of the entire recent artificial-intelligence frenzy.

But…

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