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After chaos, Microsoft wins observer seat at OpenAI
After chaos, Microsoft wins observer seat at OpenAI
by AFP Staff Writers
San Francisco (AFP) Nov 30, 2023
Microsoft, the tech titan that has invested billions of dollars in ChatGPT creator OpenAI, has been given a seat on the startup's board.

The nomination was shared in a memo to OpenAI staff on Wednesday that was later posted to the company's blog and included a list of priorities from CEO Sam Altman about how the company would move forward.

The boardroom addition comes after OpenAI was thrown into tumult on November 17 when the company's board fired Altman only to hire him back a few days later when staff and investors rebelled.

"Thank you for everything you have done since the very beginning, and for how you handled things from the moment this started and over the last week," Altman told employees in the memo.

At the height of the drama, Microsoft offered to hire Altman and OpenAI's 750-strong staff to join the Redmond, Washington based company to continue their work there on artificial intelligence.

Instead, the board that dismissed Altman was overhauled, now including the addition of Microsoft as a non-voting measure.

Microsoft will join former US Treasury Secretary and political power broker Larry Summers, who was added last week, as well as Silicon Valley veteran Bret Taylor.

Ilya Sutskever, OpenAI's chief scientist, sat on the board that voted to remove Altman and has not been renewed.

Altman lauded Sutskever as an AI "guiding light" and said the company was in discussions to find him a role.

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Boston MA (SPX) Nov 30, 2023
Speaking at the "Generative AI: Shaping the Future" symposium on Nov. 28, the kickoff event of MIT's Generative AI Week, keynote speaker and iRobot co-founder Rodney Brooks warned attendees against uncritically overestimating the capabilities of this emerging technology, which underpins increasingly powerful tools like OpenAI's ChatGPT and Google's Bard. "Hype leads to hubris, and hubris leads to conceit, and conceit leads to failure," cautioned Brooks, who is also a professor emeritus at MIT, a f ... read more

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