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Partners embrace Abu Dhabi-backed MGX and Nvidia, which is in a position to present AI expertise. However, the plan was short-lived, as Altman was subsequently reinstated as OpenAI’s CEO and Brockman rejoined the corporate amid stress from OpenAI’s workers and investors on its board. In January 2023, CEO Satya Nadella introduced Microsoft would lay off 10,000 employees. Microsoft additionally named Phil Spencer, head of the Xbox brand since 2014, the inaugural CEO of the newly established Microsoft Gaming division, which now homes the Xbox operations staff and the three publishers within the company’s portfolio (Xbox Game Studios, ZeniMax Media, Activision Blizzard). In the same month, Microsoft acquired Australia-based video editing software company Clipchamp. The acquisition positioned Microsoft to develop its presence in the market of offering online training to giant numbers of individuals.
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