Microsoft has hired OpenAI co-founders Sam Altman and Greg Brockman to lead a new advanced AI research team. This move comes after a tumultuous weekend where Altman was removed by the OpenAI board and the startup faced internal dissent. Altman will serve as the chief executive of the new AI group at Microsoft, along with other former OpenAI top talents. Microsoft's strategic move reinforces its competitive edge in the AI field, preventing other major tech companies from poaching this expertise and bolstering Wall Street's positive outlook on Microsoft's future.

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The unexpected decision by OpenAI's board to dismiss Altman raised concerns among prominent business leaders and investors, who warned that the startup may struggle to maintain its current pace of progress without his leadership. Microsoft's commitment to Altman and Brockman further solidifies its partnership with OpenAI, which has played a crucial role in advancing its AI efforts and business relationships. OpenAI's board's handling of the situation has led to internal unrest and calls for transparency, with a promise from the interim CEO to address these concerns and initiate a review of the removal process.

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