Sam Altman moves to Microsoft: Worldcoin cryptocurrency falls

The tug of war over Sam Altman appears to have come to an end. Satya Nadella, CEO of Microsoft, said on X announced the 38-year-old’s move to Microsoft. There he will lead “a new Advanced AI Research Team”. Open AI co-founder Greg Brockman, who announced his resignation after Altman was fired, is now part of Microsoft, Nadella announced. It remains to be seen what consequences the shifting of chairs in the AI ​​industry will have for ChatGPT developers Open AI and Microsoft. Sam Altman’s crypto side project, Worldcoin, has caused turmoil.

Worldcoin on a rollercoaster ride

After Worldcoin’s price slipped significantly on Saturday and fell to $1.84, it jumped to $2.54 on Sunday. On Monday morning it went up another ten cents before Worldcoin seems to settle at currently $2.30. This means that the price has fallen by four percent compared to the previous day, and the cryptocurrency is now 30 percent away from the record high of $3.30.

It is still unclear whether and to what extent the new activity of Sam Altman, who founded the Worldcoin development company Tools for Humanity in 2019, will also affect the crypto project. He holds a rather representative office there anyway.

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Charles Hoskinson courts Sam Altman

At the urging of the board, Altman unexpectedly resigned from Open AI over the weekend. A brief internal power struggle followed. The supervisory board advocated for Altman to stay. However, the board “no longer has confidence in its ability to continue to lead OpenAI,” they said official statement. Altman was “not consistently open in his communication with the board.” The previous CTO of Open AI, Mira Murati, was appointed as interim CEO.

Since Sam Altman is now moving to Microsoft, he no longer seems to be dependent on an offer from Charles Hoskinson. The chief developer of Cardano courted Altman when he was recently fired: “If you are interested in making a decentralized large language model, then contact me,” the developer wrote on X, probably jokingly. Altman did not respond.

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