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Microsoft CDR (CAD Hedged)
Symbol MSFT
Shares Issued 11,750,000
Close 2023-12-11 C$ 27.55
Market Cap C$ 323,712,500
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Globe/NYT say Microsoft-backed OpenAI primed to combust

2023-12-11 08:38 ET - In the News

The Globe and Mail reports in its Monday edition that from the moment it was created in 2015, Microsoft-backed OpenAI was primed to combust. A New York Times dispatch to The Globe reports that the San Francisco lab was founded by Elon Musk, Sam Altman, Ilya Sutskever and nine others. The board was stacked with people who had competing artificial intelligence philosophies. On one side were those who worried about AI's dangers, including Mr. Musk, who left OpenAI in a huff in 2018. On the other were Mr. Altman and those focused more on the technology's potential benefits. After OpenAI introduced ChatGPT last year, the board became jumpier. As millions of people used the chatbot to write love letters and brainstorm college essays, Mr. Altman embraced the spotlight. Yet, as Mr. Altman raised OpenAI's profile, some board members worried that ChatGPT's success was antithetical to creating safe AI. Shortly after Mr. Altman's removal, OpenAI's employees were demanding details. The board members said that Mr. Altman had lied to the board but that they could not elaborate for legal reasons. OpenAI's executives insisted that the board resign that night or they would all leave. That support led to Mr. Altman's return to OpenAI.

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