Microsoft wants OpenAI to expand its board of directors, considering adding its executives to the OpenAI board
Odaily Star Daily News Microsoft said that if Sam Altman wants to return to OpenAI, he needs to solve the governance issues that led to the existing OpenAI board of directors dismissing Altman. According to sources, Microsoft is considering changes that may include requiring OpenAI to expand the size of its board of directors and increase the experience level required for members. Microsoft is also considering whether to try to add an executive to the OpenAI board of directors. (Bloomberg) Earlier, according to The Verge, multiple sources revealed that the deal for Sam Altman to join Microsoft has not yet been finalized. If other board members who fired him resign, Altman and co-founder Greg Brockman are still willing to return to OpenAI. Altman, Brockman, and OpenAI investors are still working to find a dignified way for the board to step down.
Microsoft CEO: Sam Altman may return to OpenAI in some capacity
Odaily Planet Daily News Microsoft CEO Satya Nadella made it clear in interviews with CNBC and Bloomberg TV that Sam Altman, who was dismissed as CEO of OpenAI's board of directors last Friday, may return to OpenAI in some capacity.
Microsoft CEO: Still believes in Altman’s leadership
Microsoft CEO Nadella stated that regardless of where Altman ultimately goes, the governance of OpenAI needs to change; wherever his team is, we will support them; still committed to OpenAI and its roadmap; he still believes in Altman's leadership ability; and hopes that OpenAI will undergo some governance reforms.
Microsoft and Nvidia Stocks Reach All-Time Highs Amid Turmoil in AI Sector
Microsoft and Nvidia stocks both hit all-time highs on Nov. 20, with Microsoft's surge potentially attributed to the hiring of former OpenAI CEO Sam Altman. Altman was recently ousted from OpenAI, but has reportedly agreed to head up a new AI division at Microsoft. Both Microsoft and Nvidia have seen significant growth in recent years due to the explosion of the AI field, with other notable AI stocks also demonstrating high yield performance. However, Altman's status at Microsoft and the Nov. 20 highs' potential to rise, hold, or falter remain uncertain.