OpenAI unlikely to offer board seat to Microsoft, other investors - source

Posted on:
Key Points

Nov 28 (Reuters) - ChatGPT owner OpenAI is not expected to offer Microsoft (MSFT.O) and other investors including Khosla Ventures and Thrive Capital seats on its new board, a person familiar with the matter told Reuters on Tuesday...

In the matter of a tumultuous few days last week, OpenAI ousted its CEO and founder Sam Altman without any detailed cause, setting off alarm bells among investors and employees..

The three initial directors of the new board - Chair Bret Taylor, former Treasury Secretary Larry Summers, and Quora CEO Adam D'Angelo - are expected to be confirmed as soon as this week, the report said.. D'Angelo would be the only remaining director from the old six-person board that fired Altman...

In response to a question about the OpenAI board, a Microsoft spokesperson said, "We will wait until the board officially says something."..

Reporting by Zaheer Kachwala in Bengaluru; Editing by Arun Koyyur and Kenneth Li. Anna Tong is a correspondent for Reuters based in San Francisco, where she reports on the technology industry..