Business
OpenAI awards Microsoft with observer seat
Technology titan, Microsoft, has invested billions of dollars in ChatGPT creator OpenAI and 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 the Chief Executive Officer, Sam Altman, about how the company would move forward.
The boardroom addition comes after OpenAI was thrown into tumult on November 17th 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 United States Treasury Secretary and political power broker Larry Summers, who was added last week, as well as Silicon Valley veteran Bret Taylor.
OpenAI’s chief scientist, Ilya Sutskever, 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.
AFP
-
Sports1 day ago
Nigeria MMA on the Rise: Technical Workshop Boosts Development
-
AFRICA FOCUS10 hours ago
Official: Eagles on way back to Nigeria
-
AFRICA FOCUS10 hours ago
Minister confirms CAF wanted Nigeria to play match
-
News1 day ago
USA coach, Pochettino, begins well; wins first game
-
AFRICA FOCUS16 hours ago
Ex-Nigerian Goalkeeper, Peter Fregene Is Dead
-
Sports1 day ago
Cricket Federation Hosts National Women’s Championship
-
News1 day ago
US Women’s League: Malawian breaks record of highest goal scorer
-
AFRICA FOCUS16 hours ago
US Court Orders Arrest Of CEO Of Air Peace, Allen Onyema Over Alleged Fraud