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OpenAI Will Add Microsoft as Board Observer, Plans Governance Changes

OpenAI Will Add Microsoft as Board Observer, Plans Governance Changes

OpenAI announced that Mr Sam Altman had been formally restored as CEO and that Microsoft had joined the board of directors in a non-voting observer role.

The statement, made on 29 November in a blog post written by Mr Altman, comes two weeks after the chief executive officer of the artificial intelligence (AI) start-up was abruptly fired, sparking a dramatic power battle in the boardroom.

OpenAI Will Add Microsoft as Board Observer, Plans Governance Changes

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Additionally, OpenAI said that Ms. Mira Murati, who served as the business’s chief technology officer beforehand Mr. Altman’s dismissal and was temporarily designated as temporary chief executive officer, was back in that role. Greg Brockman, an OpenAI co-founder, resigned from his position as president of the firm in protest at Mr. Altman’s termination.

The business’s biggest backer, Microsoft, had never had a board seat before accepting the observer role. Mr Adam D’Angelo, an alumnus from the board before him who is the chief executive officer of the Q&A website Quora, Professor Larry Summers, formerly the United States Treasury secretary, and Mr Bret Taylor, a previous co-chief executive officer of Salesforce who will serve as chairman, are the newly appointed directors. Creating a new, longer-lasting board will be among the directors’ main responsibilities.

Permanent Board Will be Chosen “Fairy Quickly”, Says Altman

Mr.  Altman stated that the permanent board will be chosen quite shortly in a discussion on November 29. Although he did not specify the final size of the group, he did state that it will be considerably increased from its existing composition. When asked if he would return to the board, Mr Altman stated that it was currently, not of the utmost importance.

“OpenAI is ending the month of November with stronger governance and a governance foundation than it had when the month began,” Microsoft President Brad Smith told reporters in London on Thursday. “These kinds of steps are giving us more confidence. I think they should give government and should give customers more confidence.”

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Mr Taylor stated that the newly appointed board members will concentrate on assembling a competent, diversified board in a letter that accompanied Mr Altman’s tweet. Additionally, he declared that the business will improve OpenAI’s management structure. The startup has come under fire for having a structure that let a non-profit board remove the chief executive officer without first talking to the organization’s biggest backers.

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