Sam Altman on Microsoft, Trump and Musk
Published On Dec 14, 2024, 8:00 AM
Sam Altman, CEO of OpenAI, discussed the company's rapid growth, which has reached 300 million weekly users and a valuation of $157 billion, during the DealBook Summit. He addressed concerns about the pace of AI development slowing and the relationship between OpenAI and its major investor, Microsoft. Despite reports of tensions with Microsoft, which has invested more than $13 billion in OpenAI, Altman insists that they are not disengaging and that their incentives remain aligned. He also commented on Elon Musk's rivalry with OpenAI and dismissed claims that AI progress is becoming more expensive or slower, stating that there are no significant barriers to innovation. Altman emphasized the importance of continuing to develop AI technologies and expressed optimism about the future of artificial general intelligence.
Stock Forecasts
MSFT
Positive
OpenAI's position as a leading AI company suggests that investments in its partners and stakeholders, particularly Microsoft, may be beneficial. Given the scale of growth in AI applications and ongoing developments, Microsoft could see positive momentum in its stock price as AI becomes more integral to its corporate strategy.
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