Squawk on the Street
OpenAI Shakeup: Company Ousts CEO Sam Altman, Microsoft Hires Him 11/20/23
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the show with the tumultuous shakeup at ChatGPT parent OpenAI: The startup fired Co-Founder and CEO Sam Altman, who ended up being hired by Microsoft to lead its new AI research team. The anchors explored what it all could mean for OpenAI's valuation, the company's board in the crosshairs and Microsoft stock. Also in focus: The markets aiming for a four-week win streak with Nvidia earnings due out after Tuesday's close, The CEO of GM's "Cruise" autonomous car unit resigns, one year since Bob Iger's return to Disney as CEO, Boeing jumps on Deutsche Bank's upgrade.
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