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Nevertheless, the plan was short-lived, as Altman was subsequently reinstated as OpenAI’s CEO and Brockman rejoined the corporate amid pressure from OpenAI’s staff and traders on its board. The announcement came a day after hosting a Sting concert for 50 people, including Microsoft executives, in Davos, Switzerland. In January 2023, CEO Satya Nadella introduced Microsoft would lay off 10,000 staff. Microsoft additionally named Phil Spencer, head of the Xbox brand since 2014, the inaugural CEO of the newly established Microsoft Gaming division, which now houses the Xbox operations team and the three publishers within the firm’s portfolio (Xbox Game Studios, ZeniMax Media, Activision Blizzard). In September 2021, it was announced that the corporate had acquired TakeLessons, an online platform that connects students and tutors in numerous subjects. The increased necessity for remote work and distance education drove demand for cloud computing and grew the corporate’s gaming gross sales.

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