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Microsoft secures nonvoting board seat at OpenAI - TL;DR CNBC

Microsoft secures nonvoting board seat at OpenAI

Publishing timestamp: 2023-11-30 08:16:11


Summary

Microsoft will have a non-voting board seat at OpenAI, which clarifies their interest in the startup. OpenAI's outlook has been connected to Microsoft since the software giant invested $13 billion into the company. The board of directors, including former Salesforce CEO Bret Taylor, former Treasury Secretary Larry Summers, and Quora CEO Adam D'Angelo, will build a new board for OpenAI. The reasons for the firing of OpenAI's CEO, Sam Altman, remain unclear. Helen Toner and Tasha McCauley have resigned from the board. Altman welcomes an independent review of recent events and expresses gratitude for the contributions of Toner and McCauley.


Sentiment: MIXED

Tickers: MSFT,  CRM, 

Keywords: technology,  business news,  business,  apple inc,  mobile,  breaking news: technology,  microsoft corp,  salesforce inc,  artificial intelligence, 

Source: https://www.cnbc.com/2023/11/29/microsoft-secures-non-voting-board-seat-at-openai-.html


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