00:00 It's Benzinga and here's what's on the block.
00:03 Microsoft CEO Satya Nadella said in an interview with CNBC that the governance structure of
00:08 OpenAI needs to change following the sudden firing of CEO Sam Altman last week.
00:14 Nadella said Microsoft would have a good dialogue with their board on that.
00:17 He dismissed concerns of long-term damage at OpenAI and said the critical AI research
00:22 and partnership with Microsoft continues.
00:25 Nadella said Microsoft respects OpenAI's non-profit roots and shares the goal of developing
00:30 AI safely and addressing unintended consequences from the start.
00:34 The situation remained fluid with potential outcomes including Altman being reinstated
00:39 at OpenAI or he and others joining Microsoft.
00:43 Nadella said OpenAI employees can choose to stay or move to Microsoft.
00:46 For all things money, visit Benzinga.com.
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