Sam Altman-OpenAI: Microsoft now has 'carte blanche' to IP

OpenAI CEO Sam Altman was pushed out of his position last Friday by the company’s board of directors. Altman was hired by Microsoft (MSFT) shortly after his firing. After what has been described as a “huge coup” at OpenAI, employees are similarly threatening to leave and work for Microsoft alongside Altman.
NYU Professor of Technology, Operations, and Statistics Vasant Dhar characterizes this opportunity as giving Microsoft “carte blanche” — or a blank check — on access to OpenAI’s team intellectual property through its development team behind its artificial intelligence model.
“Altman is going to go there. [OpenAI President Greg] Brockman is going to go there. I bet a bunch of employees will go there because this is an area where relationships really matter,” Dhar tells Yahoo Finance. “Expect to see a fair amount of IP just sort of walk out and walk into Microsoft.”
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp

Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV