Microsoft Gets a Seat At OpenAI’s Board as a Non-Voting Observer

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Microsoft has secured a board seat at OpenAI as a non-voting observer, as announced by Sam Altman in the company’s blog post upon his return as CEO. OpenAI, in its blog post, further revealed the return of Greg Brockman as president, with Bret Taylor assuming the role of board chair and Mira Murati returning back to the position of CTO.

“I have never been more excited about the future. I am extremely grateful for everyone’s hard work in an unclear and unprecedented situation, and I believe our resilience and spirit set us apart in the industry. I feel so good about our probability of success in achieving our mission.” said Altman.

In his message, Altman said that he harbors “zero ill will” towards Ilya Sutskever, OpenAI’s co-founder and chief scientist who initially participated in the board coup but later reversed his decision when almost all of the company’s employees threatened to resign unless Altman returned. 

“While Ilya will no longer serve on the board, we hope to continue our working relationship and are discussing how he can continue his work at OpenAI.” Altman said. 

Regarding the organization’s structure, Altman said  “Greg and I are partners in running this company. We have never quite figured out how to communicate that on the org chart, but we will.” 

After the departure of three out of the four board members who played a role in the abrupt decision to terminate Altman, OpenAI’s current board is composed of Chair Bret Taylor, Larry Summers, and Adam D’Angelo—the sole remaining member from the previous board.

Board Chair Bret Taylor stated that OpenAI will establish a new qualified, diverse board of exceptional individuals whose collective experience represents the breadth of OpenAI’s mission – from technology to safety to policy.

“We will further stabilize the OpenAI organization so that we can continue to serve our mission.  This will include convening an independent committee of the Board to oversee a review of the recent events” he said. 

The post Microsoft Gets a Seat At OpenAI’s Board as a Non-Voting Observer appeared first on Analytics India Magazine.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Microsoft Gets a Seat At OpenAI’s Board as a Non-Voting Observer

Microsoft has secured a board seat at OpenAI as a non-voting observer, as announced by Sam Altman in the company’s blog post upon his return as CEO. OpenAI, in its blog post, further revealed the return of Greg Brockman as president, with Bret Taylor assuming the role of board chair and Mira Murati returning back to the position of CTO.

“I have never been more excited about the future. I am extremely grateful for everyone’s hard work in an unclear and unprecedented situation, and I believe our resilience and spirit set us apart in the industry. I feel so good about our probability of success in achieving our mission.” said Altman.

In his message, Altman said that he harbors “zero ill will” towards Ilya Sutskever, OpenAI’s co-founder and chief scientist who initially participated in the board coup but later reversed his decision when almost all of the company’s employees threatened to resign unless Altman returned. 

“While Ilya will no longer serve on the board, we hope to continue our working relationship and are discussing how he can continue his work at OpenAI.” Altman said. 

Regarding the organization’s structure, Altman said  “Greg and I are partners in running this company. We have never quite figured out how to communicate that on the org chart, but we will.” 

After the departure of three out of the four board members who played a role in the abrupt decision to terminate Altman, OpenAI’s current board is composed of Chair Bret Taylor, Larry Summers, and Adam D’Angelo—the sole remaining member from the previous board.

Board Chair Bret Taylor stated that OpenAI will establish a new qualified, diverse board of exceptional individuals whose collective experience represents the breadth of OpenAI’s mission – from technology to safety to policy.

“We will further stabilize the OpenAI organization so that we can continue to serve our mission.  This will include convening an independent committee of the Board to oversee a review of the recent events” he said. 

The post Microsoft Gets a Seat At OpenAI’s Board as a Non-Voting Observer appeared first on Analytics India Magazine.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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