Microsoft secures board presence in OpenAI with 49 per cent stake and observer seat
1 year ago

Microsoft secures board presence in OpenAI with 49 per cent stake and observer seat

India TV News  

OpenAI's recent shake-up saw Sam Altman returning as CEO after some intense events. “We will build a qualified, diverse board of exceptional individuals whose collective experience represents the breadth of OpenAI’s mission – from technology to safety to policy. We are pleased that this Board will include a non-voting observer for Microsoft,” OpenAI board chair Bret Taylor said in a statement. According to IANS, Sam Altman, in a memo, expressed no hard feelings towards Ilya Sutskever, the co-founder and chief scientist behind Altman's previous removal. OpenAI board chair Taylor told employees that they are thrilled that “Sam, Mira, and OpenAI President and co-founder Greg Brockman are back together leading the company and driving it forward”.

History of this topic

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