OpenAI does not want to include Microsoft, from which it has invested billions of dollars, on its board of directors
November 29, 2023
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at Open AI After the recent administrative problems, the renewal of the board of directors began. In this process, the company’s board of directors Investor representatives can also
at Open AI After the recent administrative problems, the renewal of the board of directors began. In this process, the company’s board of directors Investor representatives can also participate it was talked about. It is said that OpenAI does not take kindly to this situation.
OpenAI’s new management for investors He did not consider giving seats, It is stated that the purpose of the first phase is to ensure the security of artificial intelligence. That is why the board strives for this printing elements that want to make a profit He does not want.
Microsoft will not be part of the OpenAI board
OpenAI’s investors include companies like Thrive Capital and Khosla Ventures, but the company drawing the most attention is Microsoft. The tech giant is the lead investor in OpenAI and has invested more than $10 billion in the company. Chairman of Great Hill Capital Thomas Hayessays that Microsoft does not want to sit passively on the sidelines because of the size of its investment.
Co-founder and CEO of OpenAI Sam AltmanHe was fired on November 17. Over the next five days, the company hired two different CEOs, and on November 22, it made changes to the board of directors and Altman was reinstated. The new board includes former Salesforce co-CEO Larry Summers and Quora founder Adam D’Angelo. The new board of directors is evaluating candidates to fill the 9 seats on the board.
Nadella wanted changes in OpenAI’s management
OpenAI does not work with conventional management. from the company non-profit It has a branch and a for-profit branch. The nonprofit side has a hierarchical position above the other side. OpenAI is taking such an approach so as not to distract the company from its goal of developing artificial intelligence for the benefit of humanity.
Microsoft CEO Satya Nadella said in an earlier statement: OpenAI He said he wanted changes in the management structure and was among those pressuring Altman to return. Nadella also hinted that Microsoft could take a seat on OpenAI’s board of directors.
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