Sam Altman has returned as the CEO of OpenAI after a week of tumult and controversy. In addition, CBNC reports that three new board members have replaced the previous leadership that ousted Altman.
OpenAI’s new board doesn’t appear to be fully built. Negotiations are reportedly underway to install representation from Microsoft or other major investors.
There’s a notable change in the board’s experience. The previous board included academics and researchers, but OpenAI’s new directors have extensive backgrounds in business and technology.
Microsoft CEO Satya Nadella said in an interview with CNBC earlier this week that governance at OpenAI needed to change. Nadella said Wednesday he is “encouraged” by the changes to the company’s board, according to a post on X, formerly known as Twitter.
“We believe this is a first essential step on a path to more stable, well-informed, and effective governance,” he said.
Microsoft, Sequoia Capital, Thrive Capital, and Tiger Global are among the OpenAI investors that lack representation on the board but had been pushing to reinstate Altman, as CNBC previously reported.
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