OpenAI without Sam Altman – The impact on technology and aluminium sector
Views : 110
Update time : 2023-11-21 16:13:45
November 2022 was a significant time in AI research and development history. As a significant milestone in recent technical developments, OpenAI launched ChatGPT, which almost instantaneously became the talk of the tech world. Since then, there have been many important developments around AI developments – the fear, anxiety, and eclectic moments all together only drove the world towards AI.
One year later, the spree came back with a bang. On November 17, 2023, the board of Open AI decided to let the CEO, Sam Altman, go as he had not been open and transparent in his communications with the board. As expected, this triggered several chain events – the chairman of the board and one of the co-founders of OpenAI, Greg Brockman, also declared that he would resign. Mira Murati, the CTO of OpenAI, has been appointed interim CEO. One day later, the group of investors of the USD 80 billion firm started putting pressure on the board. Microsoft holds a significant share of OpenAI (around 49 per cent), and others like Thrive Capital, SVA, and Arrowshare Ventures are among the other shareholders. Sam Altman’s sudden ouster has not been taken positively by many of them. At present, another plan to reinstate Sam Altman as the CEO of OpenAI is also on the cards.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
