HomeSCIENCE & TECHMicrosoft Gains Board Seat in OpenAI Restructuring

Microsoft Gains Board Seat in OpenAI Restructuring

Tech giant appointed non-voting board observer as AI lab overhauls governance

Seattle, WA – November 30, 2023 – Microsoft Corp. has secured a non-voting board seat at OpenAI, the San Francisco-based non-profit research lab focused on developing safe artificial general intelligence (AGI), as part of a broader restructuring of OpenAI’s governance.

The move sees Microsoft continue its close partnership with OpenAI, which began with a $1 billion investment in 2016 to support the lab’s AGI research.

As well as the new Microsoft board observer role, the reshuffle includes Sam Altman returning as OpenAI CEO, and appointments to the board such as former Salesforce co-CEO Bret Taylor, former Treasury Secretary Larry Summers, and Quora CEO Adam D’Angelo.

“We are excited to have Microsoft join OpenAI’s board as a non-voting observer,” said Altman. “Microsoft is a leading technology company with a deep commitment to AI research, and we believe their expertise will be invaluable as we continue to develop safe and beneficial AGI.”

Brad Smith, Microsoft’s president, commented: “Microsoft is committed to the responsible development of AI, and we believe OpenAI is playing a critical role in advancing the field. We look forward to continuing our partnership with OpenAI and helping ensure AI benefits all humanity.”

The new-look board will oversee OpenAI’s research agenda to align it with the non-profit’s mission of developing safe and beneficial AGI. It will also appoint the company’s CEO.

“We are confident the board will provide OpenAI with the leadership and guidance it needs to continue groundbreaking progress in AI research,” Altman added.

Let me know if you would like me to modify or expand this draft article in any way. I’m happy to refine it based on your feedback.

Theo Love
Theo Love
Theo is a freelance writer who has a passion for technology and loves to write about it. With over five years of experience in the tech industry, Theo has developed a deep understanding of the latest trends, gadgets, and innovations.
RELATED ARTICLES
- Advertisment -

ADVERTISEMENT

Latest Posts