On November 21, several major stories were featured on the New York Times business pages. One of them involved Microsoft and the turmoil at OpenAI, a small but influential artificial intelligence start-up. This was caused by the development of the ChatGPT chatbot, which led to a surge in Microsoft’s stock prices. In another story, X, formerly known as Twitter, sued Media Matters in federal court after research showed that ads on X appeared alongside antisemitic content.
In addition to these events, Epic Games’ CEO, Tim Sweeney, testified in a San Francisco federal courthouse as part of the company’s ongoing legal battle against Google. Meanwhile, the future of OpenAI remained uncertain after more than 700 employees signed a letter expressing their intention to leave the company if former CEO Sam Altman is not reinstated.
The development of the ChatGPT chatbot had sparked upheaval at OpenAI and had an impact on Microsoft’s shares. Another significant event was X’s lawsuit against Media Matters due to research showing that ads on X appeared alongside antisemitic content. Furthermore, Epic Games’ CEO Tim Sweeney testified in a San Francisco federal courthouse as part of his company’s legal battle against Google. Lastly, the future of OpenAI was put at risk as employees indicated that they may leave for Microsoft if Altman is not reinstated.
