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Latest on OpenAI drama: Sam Altman is back as CEO, Microsoft joins the board

Nov 30, 2023 - indiatoday.in
Microsoft has joined the OpenAI board as a non-voting observer, following the reinstatement of Sam Altman as CEO. The tech giant, a major investor in OpenAI, will now have access to the company's confidential information but will not have voting rights in board decisions. This development comes after Altman was fired and then rehired by the board in a dramatic series of events.

Microsoft CEO Satya Nadella has expressed support for the changes at OpenAI, stating that they are a first step towards more effective governance. He also praised the resilience of both Microsoft and OpenAI employees amidst the upheaval. Altman, in a memo to employees, expressed his excitement for the future and confidence in the team's ability to achieve their mission.

Key takeaways:

  • Microsoft has joined the OpenAI board as a non-voting observer, following the reinstatement of Sam Altman as CEO.
  • Altman was previously fired by the previous OpenAI board, but made a dramatic comeback and the entire board was changed.
  • Microsoft CEO Satya Nadella has expressed support for the changes at OpenAI, and has praised the resilience and determination of both Microsoft and OpenAI employees.
  • Despite joining the board, Microsoft will not have any voting rights but will have access to the company's confidential information.
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