OpenAI Doesn’t Want to Put Microsoft on its Board of Directors

Following the recent storms in OpenAI, it was rumored that a representative from Microsoft could be included in the company’s board of directors. According to reports, OpenAI does not favor such a thing.

at OpenAI Following the recent administrative problems, the board of directors began to be renewed. In this process, the company’s board of directors Representatives from investors may also take part was being talked about. It is said that OpenAI does not take kindly to this situation.

OpenAI’s new management to investors He did not consider giving seats, It is stated that the aim in the first stage is to ensure artificial intelligence security. Therefore, the board of directors aims to pressure elements that want to make a profit He doesn’t want to.

Microsoft will not be on OpenAI board

OpenAI’s investors include companies such as Thrive Capital and Khosla Ventures, but the company that attracts the most attention is Microsoft. The technology giant is the lead investor in OpenAI and has invested more than $10 billion in the company. Chairman of Great Hill Capital Thomas Hayessays Microsoft does not want to remain passively on the sidelines due to the size of its investment.

Co-founder and CEO of OpenAI Sam AltmanHe was dismissed 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 reinstated Altman. 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

satya nadella

OpenAI does not work with a conventional management. of the company non-profit It has a branch and a for-profit arm. The nonprofit side has a hierarchical position above the other side. OpenAI follows such an approach in order not to distract the company from its goal of developing artificial intelligence for the benefit of humanity.

Microsoft CEO Satya Nadella said in a previous statement: OpenAI He expressed that he wanted changes in the management structure and was among those who pressured Altman to return. Nadella also hinted that Microsoft could take a seat on OpenAI’s board of directors.

Source :
https://www.businessinsider.com/openai-not-planning-microsoft-investors-board-seats-2023-11


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