OpenAI’s New Board Takes Over, With Microsoft As a Non-Voting Observer

IBL News | New York

Microsoft, OpenAI’s largest investor, is getting a non-voting observer seat on the new board, the company stated in a blog post yesterday. Currently, Microsoft holds a 49 percent stake in the for-profit entity that the OpenAI’s board controls. 

At the same time, this week, Sam Altman officially returned as OpenAI’s CEO, following the agreement reached last week. In addition, Mira Murati was confirmed as CTO, and Greg Brockman returned as President. [Both in the picture above, along with Sam Altman]

OpenAI’s new board consists of chair Bret Taylor, Larry Summers, and Adam D’Angelo, the only remaining holdout from the previous board.

Three of the four board members who decided to suddenly fire Altman are now gone, including Ilya Sutskever, OpenAI’s co-founder and chief scientist who initially participated in the board coup and changed his mind after nearly all of the company’s employees threatened to quit if Altman didn’t come back.

In his memo to employees, Altman said that he harbors “zero ill will” toward Ilya Sutskever. “While Ilya will no longer serve on the board, we hope to continue our working relationship and are discussing how he can continue his work at OpenAI.” 

“I am so looking forward to finishing the job of building beneficial AGI with you all—best team in the world, best mission in the world,” said Sam Altman.

“We will further stabilize the OpenAI organization so that we can continue to serve our mission. This will include convening an independent committee of the Board to oversee a review of the recent events,” said Bret Taylor, Chair at OpenAI.