Microsoft wins observer seat at OpenAI

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Microsoft wins observer seat at OpenAI
Microsoft wins observer seat at OpenAI

The addition to the boardroom was decided after OpenAI was thrown into tumult on November 17 when the company’s board fired Altman only to hire him back a few days later when staff and investors rebelled.

Billions of dollars have been invested by Microsoft in ChatGPT creator OpenAI. The tech titan Microsoft has been given a seat on the startup’s board.

On Wednesday, OpenAI staff received a nomination in a memo that was later posted to the company’s blog. The nomination included a list of priorities from CEO Sam Altman about how the company would move forward.

The addition to the boardroom was decided after OpenAI was thrown into tumult on November 17 when the company’s board fired Altman only to hire him back a few days later when staff and investors rebelled.

“Thank you for everything you have done since the very beginning and for how you handled things from the moment this started and over the last week,” Altman told employees in the memo.

Microsoft also offered to hire Altman and OpenAI’s 750-strong staff to join the Redmond, Washington-based company to continue their work there on artificial intelligence.

Now, including the addition of Microsoft as a non-voting measure, the board that dismissed Altman was overhauled.

Microsoft will join former US Treasury Secretary and political power broker Larry Summers, who was added last week, as well as Silicon Valley veteran Bret Taylor.

OpenAI’s chief scientist, Ilya Sutskever, sat on the board that voted to remove Altman and has not been renewed.

Altman lauded Sutskever as an AI “guiding light” and said the company was in discussions to find him a role.

Also readOrganizations should be driven based on people and processes instead of emphasizing technology

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