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☆ OpenAI announces 'improvements' to its governance structure nearly 5 months after Sam Altman's ouster
▼ + stars: | 2024-03-09 | by ( Erin Snodgrass | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

OpenAI announced Friday that it was adding three women to its board of directors. CEO Sam Altman is also rejoining the board nearly five months after he was abruptly forced out. The company has pledged to improve its governing structure in the aftermath of the ouster and reinstatement. A Thursday report from The New York Times suggested OpenAI chief technology officer Mira Murati raised concerns about Altman's leadership with board members prior to his removal. The three women join current OpenAI board members Adam D'Angelo, Larry Summers, and Bret Taylor, as well as Altman.

Persons: OpenAI, Sam Altman, —, Altman, Mira Murati, Murati, James, Sue Desmond, Hellmann, Melinda Gates, Nicole Seligman, Fidij Simo, Desmond, Seligman, Simo, Adam D'Angelo, Larry Summers, Bret Taylor Organizations: Service, The New York Times, OpenAI, University of California, Times, Melinda Gates Foundation, Global, Sony, Pfizer, Advisors, Science, Technology, Paramount Global, Meira, Inc Locations: Los Angeles, President's, Shopify

☆ The result of OpenAI's probe was released — and it's less than 500 words — offering very little insight
▼ + stars: | 2024-03-09 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The Open AI probe was launched in December, a few weeks after the board announced Altman's shocking departure and reinstatement. The company formed a special committee that hired WilmerHale to conduct a probe of the events surrounding Altman's sudden firing. AdvertisementDetails of Altman's strained relationship with OpenAI's former board members and employees were known days after the CEO was booted from the company. AdvertisementThe latest Times report from Thursday revealed that Mira Murati, OpenAI's chief technology officer, was instrumental in Sam Altman's ousting.

Persons: —, Sam Altman, WilmerHale, Altman, ChatGPT, Tasha McCauley, Helen Toner, Ilya Sutskever, Adam D'Angelo, Larry Summers, Bret Taylor, Sue Desmond, Hellmann, Melinda Gates, Nicole Seligman, Fidji Simo, Mira Murati, Sam Altman's, Murati, Ilya Organizations: Service, Business, New York Times, Melinda Gates Foundation, Sony, Times, OpenAI

OpenAI is reinstating CEO Sam Altman to its board of directors and said it has “full confidence” in his leadership after the conclusion of an outside investigation into the company's turmoil. After months of investigation, it found that Altman's ouster was a “consequence of a breakdown in the relationship and loss of trust” between him and the prior board, OpenAI said in a summary of the findings Friday. The investigation found the prior board acted within its discretion. “The review concluded there was a significant breakdown in trust between the prior board, and Sam and Greg,” Bret Taylor, the board’s chair, told reporters Friday. After it retained the law firm in December, OpenAI said WilmerHale conducted dozens of interviews with the company’s prior board, current executives, advisers and other witnesses.

Persons: Sam Altman, Altman, OpenAI, Sue Desmond, Hellman, Melinda Gates, Nicole Seligman, Fidji Simo, “ I’m, ” Altman, he’s, ”, Helen Toner, Tasha McCauley, “, Greg Brockman, ” OpenAI, Brockman, Greg, ” Bret Taylor, Taylor, Microsoft —, Toner, McCauley, Ilya Sutskever, Sutskever, Ilya, Elon Musk, Larry Summers, Adam D’Angelo, WilmerHale, WilmerHale didn't, Musk, ” Taylor Organizations: Sony, San, OpenAI, Microsoft, Georgetown University, RAND Corporation, Facebook, Elon, U.S ., Associated Press Locations: San Francisco, U.S

☆ Sam Altman returns to OpenAI’s board of directors, fully reversing the ChatGPT company’s wild shakeup
▼ + stars: | 2024-03-08 | by ( David Goldman | Poppy Harlow | ) edition.cnn.com time to read: +6 min

Altman’s return comes after an independent investigation found the board did not need to fire him in the first place. Altman in November was fired as CEO and director by the OpenAI board in a shocking dismissal of an executive who had become the face of AI in Silicon Valley. “I am excited to welcome Sue, Nicole, and Fidji to the OpenAI Board of Directors,” Taylor said in a statement. But Altman, Brockman and Sutskever in 2019 formed OpenAI LP, a for-profit entity that exists within the larger company’s structure. Altman, in the press conference, praised the company’s employees for their determination to do good work throughout its turmoil.

Persons: Sam Altman, Altman’s, Altman, OpenAI, – Altman, Larry Summers, Obama, Bret Taylor, Adam D’Angelo, Sue Desmond, Hellman, Nicole Seligman, Fidji Simo, “, Sue, Nicole, ” Taylor, WilmerHale, –, Mira Murati, Ilya Sutskever, Murati, “ Mira …, ”, ” Murati, Greg Brockman, Sam, Greg, Taylor, Brockman, Elon Musk, shakeup, …, ” Altman Organizations: New, New York CNN, Microsoft, Clinton, Gates, Sony, OpenAI, New York Times Locations: New York, Silicon Valley, Sutskever

OpenAI said on Friday that Sam Altman, its high-profile chief executive, would rejoin its board of directors more than three months after he was briefly pushed out of the company. The move caps a highly anticipated report by a law firm hired by OpenAI’s board of directors to investigate Mr. Altman and his sudden removal from the company in November. “The special committee recommended and the full board expressed their full confidence in Mr. Altman and Mr. Brockman,” Mr. Taylor said, referring to Greg Brockman, the company president who quit in protest after Mr. Altman was removed. “We are excited and unanimous in our support for Sam and Greg.”The company said that the report found that OpenAI’s board acted within its broad discretion to terminate Mr. Altman, but also found that his conduct did not mandate removal. Mr. Taylor said the company would continue to expand its board.

Persons: OpenAI, Sam Altman, Altman, Bret Taylor, . Brockman, ” Mr, Taylor, Greg Brockman, Greg, ”

☆ Sam Altman set to return to OpenAI's board of directors nearly 5 months after surprise ouster
▼ + stars: | 2024-03-08 | by ( Katherine Tangalakis-Lippert | Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

CEO Sam Altman will be reinstated to OpenAI's board of directors. Bret Taylor, chair of OpenAI's board, said members "unanimously concluded" Altman is right to lead the company. The AI startup will also bring on three additional new board members, the company announced. AdvertisementOpenAI CEO Sam Altman is set to return to OpenAI's board of directors, the company announced Friday. "We have unanimously concluded that Sam and Greg are the right leaders for OpenAI," Bret Taylor, chair of the OpenAI board, said in a statement released Friday.

Persons: Sam Altman, Bret Taylor, Altman, —, Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, Sam, Greg, Toner, McCauly, Sutskever, Elon Musk, OpenAI, Melinda Gates, Sue Desmond, Hellman, Nicole Seligman, Fidji Simo Organizations: Service, OpenAI, Elon, Melinda Gates Foundation, Sony Entertainment, Business Locations: OpenAI, xAI

☆ Sam Altman rejoins OpenAI board of directors as investigation into his ouster comes to a close
▼ + stars: | 2024-03-08 | by ( Hayden Field | ) www.cnbc.com time to read: +7 min

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. OpenAI on Friday announced its new board and the wrap-up of an internal investigation by U.S. law firm WilmerHale into the events leading up to OpenAI CEO Sam Altman's ouster. Sam Altman will also rejoin OpenAI's board. "We have unanimously concluded that Sam and Greg are the right leaders for OpenAI," Bret Taylor, chair of OpenAI's board, said in a release. Since then, OpenAI has announced new board members, including former Salesforce co-CEO Bret Taylor and former Treasury Secretary Larry Summers.

Persons: Sam Altman, OpenAI, WilmerHale, Sam Altman's, OpenAI's, Sue Desmond, Hellmann, Melinda Gates, Nicole Seligman, Fidji Simo, Adam D'Angelo, Larry Summers, Bret Taylor, Greg, Sam, Taylor, Altman, Bret, Larry, Mira Murati, Mira, Helen Toner, Tasha McCauley, Ilya Sutskever, Ilya, Elon Musk, Greg Brockman, Musk, –, Toner, McCauley, Altman's Organizations: Economic, Friday, Melinda Gates Foundation, Pfizer, Advisors, Science, Technology, Global, Sony, Sony Entertainment, Paramount Global, Meira, Inc, Shopify, OpenAI, Microsoft, Fortune, Lawyers, CNBC, SpaceX, Nvidia Locations: Davos, Switzerland, President's, OpenAI's San Francisco, U.S, Saudi Aramco

☆ OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: WSJ
▼ + stars: | 2024-02-09 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

OpenAI CEO Sam Altman is seeking trillions of dollars in investments to overhaul the global semiconductor industry, The Wall Street Journal reported. Altman could need to raise between $5 trillion and $7 trillion for the endeavor, The Wall Street Journal reported, citing one source. Nvidia has been the big moneymaker during the past year's generative AI boom, with its market cap more than tripling in 2023. Nvidia currently controls about 80% of that AI chip market with a current market cap of about $1.72 trillion, not far from overtaking tech giants like Amazon and Alphabet in market cap. Since then, OpenAI has announced a new board, including former Salesforce co-CEO Bret Taylor, former Treasury Secretary Larry Summers and Quora CEO Adam D'Angelo.

Persons: Sam Altman, Altman, OpenAI, OpenAI's ChatGPT, Brad Lightcap, Lightcap, ChatGPT, OpenAI's, Bret Taylor, Larry Summers, Adam D'Angelo, Read Organizations: Street Journal, United, United Arab Emirates, CNBC, Nvidia, Fortune, Microsoft Locations: —, United Arab

☆ Salesforce communications chief Brad Burns departs for Snowflake
▼ + stars: | 2024-01-24 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +2 min

Brad Burns, the now former chief communications officer at Salesforce, has joined Snowflake in the same role, the data-cloud company said Wednesday in a press release. At Snowflake, Burns will spearhead communications strategy and advise company leadership. Snowflake's revenue growth and that of the rest of the cloud industry slowed earlier this year as customers tightened cloud budgets after a pandemic-fueled spending spree in 2020 and 2021. Related storiesFrank Slootman, Snowflake's chair and CEO, was previously rumored to be leaving the company, Business Insider reported. Burns joined Salesforce as chief communications officer in 2018.

Persons: Brad Burns, Burns, He's, Frank Slootman, Slootman, Bob Muglia, Bret Taylor's, Salesforce, Ellen Thomas Organizations: Business Locations: Snowflake, ethomas@insider.com

☆ Salesforce's year of the boomerang: Here are the C-suite executives who joined, left, or returned in 2023
▼ + stars: | 2023-12-23 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +1 min

Several former Salesforce employees rejoined the company this year as "boomerangs." There were also high-profile departures of longtime executives. See below for Salesforce's leavers and joiners in 2023. The end of 2022 was marked by a series of executive departures at Salesforce, including the exit of co-CEO Bret Taylor, who had been heir apparent to CEO Marc Benioff. In the wake of pressure to up profit and cut costs from a group of activist investors, including Elliott Management and Starboard Value, some longtime company veterans left, and former executives have returned to help.

Persons: Bret Taylor, Marc Benioff, Benioff Organizations: Elliott Management, Business Locations: Salesforce

☆ OpenAI's nonprofit arm showed revenue of $45,000 last year, even though company is worth billions
▼ + stars: | 2023-12-12 | by ( Jordan Novet | ) www.cnbc.com time to read: +6 min

That's from the nonprofit parent's 990 filing with the Internal Revenue Service, a form that has to be filled out by organizations wishing to maintain their tax-exempt status. Thad Calabrese, a professor of public and nonprofit financial management at New York University, said OpenAI's current status is confusing, and is unlike anything he has seen in the nonprofit world. He said OpenAI could give up its nonprofit status, and he cited the Blue Cross Blue Shield Association, which in 1994 allowed associated nonprofit medical insurance plans to switch into for-profit entities. An OpenAI spokesperson didn't respond to a question about whether the organization is considering giving up its nonprofit status. Unlike OpenAI, Mozilla never raised money from venture and corporate investors, who expect returns on their investments.

Persons: Sam Altman, OpenAI's financials, OpenAI, That's, PlainSite, Altman, Helen Toner, Tasha McCauley, Ilya Sutskever, Thad Calabrese, Calabrese, didn't, Mark Surman, Surman, Altman's, hasn't, Bret Taylor Organizations: Internal Revenue Service, CNBC, New York University, Shield Association, Mozilla Foundation, Mozilla Corporation, Mozilla, Microsoft, Duke University Locations: California

☆ OpenAI COO Brad Lightcap talks about ChatGPT launch, Dev Day and how Sam Altman thinks
▼ + stars: | 2023-12-04 | by ( Hayden Field | ) www.cnbc.com time to read: +23 min

And I think that's just a testament to the world being really big and messy, and that these systems are still evolving, they're still really in their infancy. That may be a thing that's useful in your work, or maybe a thing that's useful in your life, or it may just be a fun thing – it may just be that you create a funny GPT and it's a cool thing to have. High-level, we always knew that we wanted to have a structure that, at its core, retained the original OpenAI – the OpenAI nonprofit. So that's the first thing to understand, I think, about OpenAI: It's not a normal company in that sense. We have shared that we have an initial board now, and expect to add more board membersWhat's the general mood like at the company right now?

Persons: OpenAI, Sam, Altman, Brad Lightcap, Lightcap, ChatGPT, OpenAI's, Bret Taylor, Larry Summers, Adam D'Angelo, Dev Day, DALL, we'd, doesn't, haven't, they've, – there's, There's, …, We're, we've, Dev, It's, You've, Sam Altman, reappointment Organizations: CNBC, Fortune, Microsoft, ChatGPT Enterprise, OpenAI, OpenAI's Locations: San Francisco

☆ Sam Altman's biggest lesson for founders: control freaks win
▼ + stars: | 2023-12-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

A takeaway for other founders: control matters. A founder's narrative control can wane too if board members disagree with a founder's vision. AdvertisementAltman did not, in practice, start with much control at OpenAI, despite being its CEO and, prior to the blowup, a board member. "A lot of VCs still act as if founders retaining board control after a series A is unheard-of. OpenAI's version of founder control doesn't necessarily look like others: its CEO apparently doesn't hold the majority of stock.

Persons: Sam Altman, Paul Graham, —, Altman, Altman's, Helen Toner, Toner, Y, Graham's, Graham, aren't, Mark Zuckerberg, Bret Taylor, Larry Summers Organizations: Service, Microsoft Locations: OpenAI

OpenAI's tender offer, which would allow employees to sell shares in the start-up to outside investors, remains on track despite the leadership tumult and board shuffle, two people familiar with the matter told CNBC. The round and previously reported valuation were jeopardized by Sam Altman's temporary ouster earlier in November, but his return cleared the way for the tender offer to proceed. The extension of the tender offer comes after a rollercoaster couple of weeks for the company. OpenAI's other major backers include Founders Fund, Sequoia Capital and, following the completion of the tender offer, Thrive Capital. Founders Fund will not participate in the tender offer either, a person familiar with the firm said.

Persons: Sam Altman, Josh Kushner's, Sam Altman's, Altman, Satya Nadella, Greg Brockman, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Nadella, — CNBC's Ari Levy, Jordan Novet, Elon Musk Organizations: Economic Cooperation, APEC, CNBC, Microsoft, Employees, Brockman's, Tiger Global, Fund, Sequoia Capital, Bloomberg Locations: Asia, San Francisco , California, OpenAI

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 29 (Reuters) - Microsoft will take a non-voting, observer position on OpenAI's board, CEO Sam Altman said in his first official missive after taking back the reins of the company on Wednesday. The observer position means Microsoft's representative can attend OpenAI's board meetings and access confidential information, but it does not have voting rights on matters including electing or choosing directors. The new OpenAI board is on an active search for six new members with expertise in fields from technology to safety and policy. OpenAI's chief scientist Ilya Sutskever will no longer be part of the board, Altman said. Apart from Altman, Brockman, Sutskever, D'Angelo, OpenAI's previous board consisted of entrepreneur Tasha McCauley, Helen Toner, director of strategy at Georgetown's Center for Security and Emerging Technology.

Persons: Dado Ruvic, Sam Altman, Satya Nadella, Altman, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Mira Murati, Greg Brockman, Greg, Ilya Sutskever, Sutskever, Ilya, Brockman, D'Angelo, OpenAI's, Tasha McCauley, Helen Toner, Akanksha, Krystal Hu, Sayantani Ghosh, Stephen Coates Organizations: REUTERS, Microsoft, U.S . Treasury, Reuters, Georgetown's Center for Security, Emerging Technology, Thomson Locations: OpenAI, Bengaluru, New York, San Francisco

☆ Sam Altman says he harbors 'zero ill will' towards former OpenAI board member Ilya Sutskever
▼ + stars: | 2023-11-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

OpenAI's Sam Altman says he has "zero ill will" towards cofounder Ilya Sutskever. Sutskever, a former OpenAI board member, had previously voted to fire Altman as CEO. AdvertisementOpenAI CEO Sam Altman says he has no hard feelings towards former board member Ilya Sutskever. Besides reinstating Altman, OpenAI welcomed a new initial board comprising Bret Taylor, Larry Summers, and Adam D'Angelo. Taylor, who is OpenAI's new board chair, said on Wednesday that OpenAI backer Microsoft would be given a non-voting board observer seat.

Persons: OpenAI's Sam Altman, Ilya Sutskever, Altman, Sutskever, —, Sam Altman, Ilya, Sutskever didn't, Sam, Alex Weingarten, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Taylor Organizations: Service, New York Times, The Times, Microsoft, Business Insider Locations: OpenAI

☆ A former OpenAI board member says Sam Altman's firing wasn't 'motivated by a desire to slow down OpenAI's work'
▼ + stars: | 2023-11-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Former OpenAI board member Helen Toner has announced her resignation. Toner said that the board wasn't trying to slow down OpenAI's work by firing CEO Sam Altman. AdvertisementFormer OpenAI board member Helen Toner says the board wasn't trying to stifle the company's progress by removing CEO Sam Altman. Though there has been speculation, we were not motivated by a desire to slow down OpenAI’s work. AdvertisementAside from bringing back Altman, OpenAI welcomed a new initial board comprising Bret Taylor, Larry Summers, and Adam D'Angelo.

Persons: Helen Toner, Toner, Sam Altman, Altman, —, wasn't, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Taylor, Tasha McCauley, Ilya Sutskever . Organizations: Service, Georgetown University's Center for Security, Emerging Technology, Microsoft, Business Insider Locations: OpenAI's

☆ Sam Altman really, really doesn't want to talk about why he was fired
▼ + stars: | 2023-11-30 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

It's still unclear why the former OpenAI board fired Sam Altman. The new board is conducting an independent review into the matter, and Altman is again CEO. Everyone is still wondering why exactly the board pushed him out, but Altman isn't ready to talk about it yet. AdvertisementInstead, Altman said he's "looking forward to learning more" from an independent review being conducted by the new board of OpenAI. AdvertisementThe chaotic ordeal started with an announcement of Sam Altman being out as CEO and CTO Mira Murati assuming the role in an interim capacity.

Persons: It's, Sam Altman, Altman, —, OpenAI's, Mira Murati, Sam, Bret Taylor, Larry Summers, Adam D'Angelo Organizations: Service, Microsoft Locations: OpenAI

☆ Sam Altman suddenly looks less powerful. The panic caused by OpenAI's near-death experience is to blame.
▼ + stars: | 2023-11-30 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

VCs threatened to sue OpenAI's board, and some jockeyed to get in on whatever new situation might replace the fizzled startup. And in OpenAI's case, Altman was brought back as CEO and all the employees stayed. AdvertisementUntil this moment, the consensus was that Altman came through this crisis looking even more powerful and crucial to OpenAI's future. 'The company will be totally fine without me'Silicon Valley just realized that the fate of the world's most important AI company rested in the hands of just one person. The startup's near-death experience unsettled the companies and developers that have come to rely on OpenAI's artificial intelligence platform.

Persons: OpenAI, Altman, —, Sam Altman, VCs, OpenAI's, Wesley Chan, Claude, Guillermo Rauch, Rauch, pinged Rauch, –, Bret Taylor, Madeline Renbarger Organizations: Service, Microsoft, FDIC, FPV Ventures, Google, Services Locations: Silicon Valley, It's

☆ OpenAI’s New Board Takes Over and Says Microsoft Will Have Observer Role
▼ + stars: | 2023-11-29 | by ( Deepa Seetharaman | ) www.wsj.com time to read: 1 min

OpenAI said late Tuesday that Sam Altman will return to the artificial-intelligence company as CEO, with a new initial board. WSJ reporter Tom Dotan analyzes the latest developments. Photo: John G Mabanglo/ShutterstockOpenAI’s new board formally took over on Wednesday and said it would add an observer role for partner Microsoft , capping a dramatic chapter for the artificial-intelligence startup and launching a new phase of difficult decisions. The new board’s initial three members were decided as part of CEO Sam Altman ’s return last week after the previous board abruptly fired him. The replacement directors’ priorities include creating an independent committee to review the events around Altman’s ouster, said Bret Taylor , the board’s chairman.

Persons: OpenAI, Sam Altman, Tom Dotan, John G Mabanglo, Sam Altman ’, Bret Taylor Organizations: Microsoft

☆ OpenAI officially announces Sam Altman has returned as CEO and Microsoft gains a non-voting board seat
▼ + stars: | 2023-11-29 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

New York CNN —Twelve days after OpenAI fired Sam Altman as CEO, the company formally announced that it has hired him back. OpenAI called the new board “initial,” signaling that it will add more directors in the future. Altman, in a company blog post, thanked the previous board that fired him for their contributions to the company. In a post on X, Altman acknowledged “real misunderstandings” between him and members of the board. “For my part, it is incredibly important to learn from this experience and apply those learnings as we move forward as a company,” Altman wrote on X.

Persons: OpenAI, Sam Altman, Bret Taylor, Larry Summers, Adam D’Angelo, Altman, Greg Brockman, Satya Nadella, Mira Murati, Murati, Twitch, Emmett Shear, —, Brockman, Ilya Sutskever, Sustkever, Ilya, ” Altman, OpenAI didn’t, “, ” Organizations: New, New York CNN, Microsoft Locations: New York, OpenAI

☆ OpenAI doesn't plan to offer Microsoft or other outside investors a board seat: reports
▼ + stars: | 2023-11-29 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

OpenAI doesn't plan to give board seats to investors like Microsoft, per Reuters and The Information. AdvertisementSome of OpenAI's biggest backers are unlikely to gain board seats even after the company's management shakeup, Reuters and The Information reported on Tuesday. OpenAI's new board is not planning to offer board seats to outside investors, such as Microsoft, Thrive Capital, and Khosla Ventures, Reuters reported, citing a source familiar with the matter. AdvertisementOpenAI cofounder and CEO Sam Altman was fired by his company's board on November 17, before staging a dramatic comeback five days later. OpenAI, Microsoft, Thrive Capital, and Khosla Ventures did not immediately respond to requests for comment from Business Insider, sent outside regular business hours.

Persons: OpenAI, Satya Nadella, —, shakeup, Thomas Hayes, Sam Altman, Altman's, Larry Summers, Bret Taylor, Adam D'Angelo, Altman, Nadella, Kara Swisher, Swisher Organizations: Microsoft, Reuters, Service, OpenAI's, The, Khosla Ventures, Hill Capital, Business Locations: OpenAI

Sam Altman, chief executive officer (CEO) of OpenAI and inventor of the AI software ChatGPT, joins the Technical University of Munich (TUM) for a panel discussion. Microsoft will have a non-voting board seat at OpenAI, the company announced on Wednesday. OpenAI's outlook has been intertwined with Microsoft since the software giant invested $13 billion into OpenAI and integrated its AI models into Office and other Microsoft programs. Previously, Microsoft did not have official representation on the board of directors that controlled the startup, allowing it to be surprised when Altman was first fired. A Microsoft spokesperson declined to identify the person who will join OpenAI board meetings but will not have a vote.

Persons: Sam Altman, Altman, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Mira Murati, Greg Brockman, Taylor Organizations: Technical University of Munich, Microsoft Locations: OpenAI

☆ Ex-Google researcher says there's more chance she'd go back to Google than join OpenAI's board
▼ + stars: | 2023-11-29 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

OpenAI's new board has drawn criticism for only consisting of white men. One name that's been floated to join it is ex-Google researcher and AI ethics expert Timnit Gebru. AdvertisementThe new OpenAI board has drawn criticism for its lack of diversity, as it's currently comprised of three white men. One name that's been floated to join the board is prominent AI researcher Timnit Gebru. The new board will consider candidates to fill an expanded board of nine members, according to The Verge.

Persons: Timnit, Gebru, —, Timnit Gebru, Sam Altman's, Larry Summers, Bret Taylor, Adam D'Angelo Organizations: Wired, Service, Google, Intelligence Research

REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsNov 28 (Reuters) - ChatGPT owner OpenAI is not expected to offer Microsoft (MSFT.O) and other investors including Khosla Ventures and Thrive Capital seats on its new board, a person familiar with the matter told Reuters on Tuesday. In a few tumultuous days last week, OpenAI ousted its CEO and founder Sam Altman without any detailed cause, setting off alarm bells among investors and employees. Microsoft, which has invested more than $10 billion in OpenAI, is one of the biggest backers of OpenAI that operates ChatGPT, its viral generative AI chatbot. In response to a question on the OpenAI board, a Microsoft spokesperson said, "We will wait until the board officially says something." OpenAI and Thrive did not immediately respond to requests for comment, while Khosla declined to comment.

Persons: Dado Ruvic, OpenAI, Sam Altman, Thomas Hayes, Bret Taylor, Larry Summers, Adam D'Angelo, D'Angelo, Altman, Satya Nadella, Khosla, Zaheer Kachwala, Mary Varghese, Kenneth Li, Arun Koyyur Organizations: REUTERS, Microsoft, Khosla Ventures, Reuters, CNBC, Thomson Locations: OpenAI, Bengaluru

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