Companies

OpenAI Maintains Independent Board, Excludes External Investors Like Microsoft

Published November 30, 2023

OpenAI, a leader in the field of artificial intelligence, has recently made a strategic decision that underlines its commitment to prioritizing the safety and ethical consequences of AI development. According to a source with knowledge on the matter, as reported by Reuters, OpenAI's newly formed board will not be extending offers for board seats to external investors. This includes prominent backers such as Microsoft Corporation MSFT, Thrive Capital, and Khosla Ventures.

Focus on AI Safety Over Profit

The decision to keep the board exclusively internal is a strong indication of OpenAI's dedication to prioritizing the responsible development of AI technologies. By not allowing investor-backed entities on its board, OpenAI aims to align its operations closely with ethical standards and safety considerations, possibly at the expense of maximizing short-term profits for investors. In the fast-paced world of tech innovation, this stance is an affirmation of OpenAI’s mission to lead in AI advancements conscientiously.

About Microsoft Corporation MSFT

Microsoft Corporation MSFT, a titan in the tech industry, has diversified interests ranging from software development to hardware and digital services. Known for its products like the Microsoft Windows operating systems, Office suite applications, and the Internet Explorer and Edge browsers, the company has established itself as a benchmark for quality and innovation. In the hardware domain, the Xbox and Microsoft Surface are flagships familiar to consumers worldwide. Alongside other giants such as Google, Apple, Amazon, and Facebook, Microsoft is a pivotal player in the influential cohort often referred to as the Big Five of the U.S. IT industry.

OpenAI, Microsoft, AI