Noam Shazeer, one of the leaders behind Google’s Gemini models, is leaving Alphabet to join OpenAI. Shazeer is a respected AI researcher, a co-author of the transformer research behind modern generative AI and a key figure in Google’s effort to compete with ChatGPT.

Because OpenAI is privately held, the tradable effects fall mainly on its partners, suppliers and competitors.

Winners

OpenAI cloud partners

A stronger OpenAI could increase demand for cloud computing, model training and enterprise AI services. Microsoft remains one of OpenAI’s most important partners, while Amazon and Oracle are also exposed to its infrastructure needs. If Shazeer helps improve OpenAI’s models or increase ChatGPT usage, these companies could benefit from higher demand for computing capacity.

Names: $MSFT (Microsoft), $AMZN (Amazon ...