A trusted source informed Reuters that it is unlikely for OpenAI, in the field of artificial intelligence, to offer participation in its new board of directors to Microsoft and other investors, such as Khosla Ventures and Thrive Capital.
The startup company OpenAI unexpectedly removed its CEO and co-founder, Sam Altman, causing concern among investors and employees, before reinstating him after promising to form a new board of directors.
Altman’s departure led to confusion about the future of the startup company, with Thomas Hayes, the CEO of Great Hill Capital, expressing surprise at the situation, stating, “I don’t know if OpenAI decided to exclude Microsoft from the board of directors.”
He added, “Microsoft will have its own opinion on this matter based on the substantial amount of money they have invested in this company. But I believe it would not be in Microsoft’s interest to stay out of the OpenAI board.”
The Information published a report indicating that OpenAI will establish a board of directors consisting of nine members, chaired by Bret Taylor and featuring Larry Summers and Adam D’Angelo, the CEO of Quora.
