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Microsoft Hires Sam Altman And Greg Brockman For New AI Team

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NASDAQ:MSFT   Microsoft Corp.
Microsoft CEO Satya Nadella hires OpenAI's ex-CEO Sam Altman and ex-president Greg Brockman for its new advanced AI research team.

Microsoft officially hires OpenAI’s ex-CEO Sam Altman and ex-president Greg Brockman to lead a new advanced artificial intelligence (AI) research team. Microsoft CEO Satya Nadella made the announcement after OpenAI confirmed hiring Twitch co-founder Emmett Shear as interim CEO. The company will continue to have investments in OpenAI, while getting to know Emmett Shear and OpenAI’s new leadership team.

Microsoft Hires Sam Altman and Greg Brockman
Microsoft CEO Satya Nadella took to X on November 20 to officially announce hiring of former OpenAI CEO Sam Altman and president Greg Brockman. They will lead a new advanced AI research team.

Nadella said the company remains committed to partnership with OpenAI and has confidence in the product roadmap. He added “our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners.” Microsoft will look forward to getting to know Emmett Shear and OpenAI’s new leadership team and working with them.

This is a very good move from Microsoft (NASDAQ: MSFT) because we can not overemphazised to the fact that AI is the gateway to web.3.0. Any company leveraging AI for its services and products is a good company to invest in, because in the long run it will succeed.
Technical Analysist

Price Momentum
MSFT is trading near the top of its 52-week range and above its 200-day simple moving average.

What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.

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