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Microsoft Stock Surges on Hiring of Former OpenAI CEO as Head of AI Division
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AI-Powered Earnings Surge
Altman Owns OpenAI's VC Fund
Azure's Growth Narrows Amazon's Lead
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Microsoft stock hits all-time high after hiring former OpenAI CEO Sam Altman as head of its AI division. Altman and his former president will lead the advanced AI research team, while former CEO of Twitch, Emmett Shear, will be the interim CEO of OpenAI. Microsoft shares have risen about 56% for the year, driven by the potential of artificial intelligence.
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How does the rise in Microsoft shares reflect the market's belief in the potential of artificial intelligence?
How will the hiring of Sam Altman impact Microsoft's AI division?
What are the potential benefits of having Emmett Shear as the interim CEO of OpenAI?
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