OpenAI will reportedly deny seats on its revamped board to major investors such as Microsoft, Thrive Capital, and Khosla Ventures. The decision suggests that the company will prioritize security practices over investor returns, which was a key point of discussion in the bizarre story surrounding Sam Altman’s 4.5-day ouster. The new board is expected to have nine members, with Bret Taylor, Adam D’Angelo, and Larry Summers announced as the first appointees. Microsoft, which has committed more than $10 billion to the development of OpenAI, is unlikely to have a representative on the board. The recent leadership turmoil has raised concerns among investors about the company’s governance structure.
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