Thank you, PM @narendramodi ji, for an inspiring conversation on India’s AI opportunity. To support the country’s ambitions, Microsoft is committing US$17.5B—our largest investment ever in Asia—to help build the infrastructure, skills, and sovereign capabilities needed for India’s AI-first future. @PMOIndia

https://x.com/satyanadella/status/1998376337938039091?s=20

P.M. Narendra Modi also tweeted about this investment decision on his Twitter account:

“When it comes to AI, the world is optimistic about India!”

Had a very productive discussion with Mr. Satya Nadella. I’m happy to see India as the location where Microsoft will make its largest-ever investment in Asia. 

The youth of India will harness this opportunity to innovate and leverage the power of AI for a better planet

https://x.com/narendramodi/status/1998386413885386847?s=20

Now, let’s see how this investment is going to change the grip of AI technology India currently holds.

“Today, I received a phone call inviting me to consider a once-in-a-lifetime opportunity: to serve as interim CEO of @OpenAI.” “I accepted after consulting with my family and reflecting on it for only a few hours,” Shear stated in a post on X, formerly Twitter.

He also explained his 30-day plan for the new role.

“I have a three point plan for the next 30 days: –

Hire an independent investigator to dig into the entire process leading up to this point and generate a full report.

 Continue to speak to as many of our employees, partners, investors, and customers as possible, take good notes, and share the key takeaways.

Reform the management and leadership team in light of recent departures into an effective force to drive results for our customers.”

An hour before Shear’s post, Microsoft CEO Satya Nadella confirmed he was hiring Altman to lead an AI research team at the global tech titan.

“We look forward to getting to know Emmett Shear and OAI’s new leadership team and working with them,” Nadella added in a post on X.

Bezos has announced that Andy Jessy will be replaced by Amazon CEO. Andy currently heads Amazon Web services

Jeff Bezos has said in a letter to employees of his company that “I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives. Andy is well known inside the company and has been at Amazon almost as long as I have. He will be an outstanding leader, and he has my full confidence.”

He also shared the long journey of Amazon, as it was just an idea that has grown with the invention. He said, “As Exec Chair I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions.”

Read the Full Letter of Jeff Bezos Written to his Employees here

After his announcement, Sundar Pichai, CEO of Google, wished him in a tweet. Pichai mentioned, “Congrats @JeffBezos, best wishes for Day 1 and Earth fund. Congrats @ajassyon your new role!

Satya Nadela, CEO of Microsoft also congratulated Jeff Bezos and Andy Jessie in a tweet. He wrote, “Congratulations to@JeffBezos and @ajassy on your new roles. A well-deserved recognition of what you have accomplished.