Cointime

Download App
iOS & Android

Microsoft plans to join the OpenAI board of directors and participate in reshaping the corporate governance structure

On November 20th, Microsoft is considering taking a role in OpenAI's board of directors as its biggest supporter and in the event that former CEO Sam Altman returns to the developer of ChatGPT. Microsoft may serve as a board member or observer, the latter of which does not have voting rights. This move is part of the efforts made by OpenAI's major supporters and senior leaders to rehire Altman.

It is reported that Microsoft CEO Satya Nadella personally assisted OpenAI's interim CEO Mira Murati in related discussions. In addition, if Altman cannot return to OpenAI, Microsoft will consider investing in Altman's new venture. Microsoft has invested over $11 billion in OpenAI, mainly in the form of computing resources, making its technology a core part of Microsoft's AI efforts, including integrating chatbots into the Bing search engine and adding new tools to Office 365 software.

Comments

All Comments

Recommended for you

  • Google asks appeals court to overturn Epic Games antitrust victory

    Google has requested the US Appeals Court to overturn a lower court's ruling on Epic Games' antitrust lawsuit, which would force Google to allow third-party app stores and payment solutions to operate through its Play Store app marketplace.
  • Ansem: Coinbase is very likely to list top virtual ecosystem tokens, as it has already listed DEGEN

    On November 29th, KOL Ansem stated on social media, "I bet that the likelihood of top Virtual ecosystem tokens being listed on Coinbase is very high - especially since they have already listed DEGEN."
  • Musk calls for abolishing the Consumer Financial Protection Bureau

     on November 27th, Musk called for the abolition of the Consumer Financial Protection Bureau (CFPB) on social media platform X, stating that "there are too many redundant regulatory agencies."
  • Andy Ayrey: Truth Terminal treasury funds are being migrated, users do not need to panic

    On November 27th, Truth Terminal founder Andy Ayrey posted on X, stating that the Truth Terminal treasury is undergoing its final migration. There is no need to panic due to changes in funds, as all funds are being transferred to an appropriate, globally distributed multi-signature.
  • U.S. consumer confidence improves again in November, reaching a two-year high

    Dana M. Peterson, Chief Economist of the World Large Enterprises Federation, said, "US consumer confidence continued to improve in November, reaching the highest level in the past two years. The growth in November was mainly due to consumers' more positive assessment of the current situation, especially in the labor market. Compared with October, consumers' optimism about future employment opportunities has also greatly increased, reaching the highest level in nearly three years. At the same time, consumers' expectations for future business conditions have not changed, while their optimism about future income has slightly declined." Earlier, the US Conference Board Consumer Confidence Index for November recorded 111.7, a new high since July 2023.
  • Starknet: Phase 1 of STRK staking is now live on the mainnet

    Starknet announced that the first stage of STRK staking has officially launched on the mainnet.
  • CZ: Not trying to end the meme craze, just encouraging more builders

    CZ posted on X platform today, saying: "I am not against Meme coins, but Meme coins have become 'a little' strange now. Let's use blockchain technology to build practical applications." Some community users said that even Musk is a supporter of Meme coins, and it is very difficult to end this frenzy. CZ responded that "there is no attempt to end anything, everyone has the right to choose to invest or hold what they want. Just encourage more builders."
  • AXIOS: Trump is considering appointing a secretary of state for artificial intelligence

    according to AXIOS, Trump is considering appointing an AI minister to coordinate federal policies and government use of emerging technologies.
  • QCP: BTC's path to $100,000 has stalled, and ETH implied volatility has turned to put options

    QCP Capital has published an analysis indicating that the recent drop in the price of Bitcoin has resulted in long liquidations exceeding $430 million. This drop coincides with the end of five consecutive days of net inflows for spot ETFs, which recorded a outflow of $438 million on Monday, while MicroStrategy fell by 4.4%. With the US holiday approaching and no immediate catalyst to push prices higher, BTC's path towards $100,000 has stalled. In addition, the implied volatility of ETH has turned to bearish options rather than bullish options, and market concerns about downside risks may intensify, especially with the release of the FOMC meeting minutes and PCE data. However, in the long run, this market decline is not an excessive correction. Bitcoin has only retreated to last week's level. Since Trump's election, the market has become extremely overbought and leveraged, so a pause is inevitable.
  • Morgan Stanley: The U.S. dollar will peak before the end of the year and enter a "bear market pattern" in 2025

    Morgan Stanley predicts that the strong US dollar will peak before the end of the year and then enter a "bearish market trend", slowly declining until 2025. The bank believes that due to the Bank of Japan's rate hikes and gradual easing actions by the Reserve Bank of Australia, the potential for the yen and Australian dollar to rise next year is the greatest.