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Behind OpenAI Meltdown, Valley Heavyweight Reid Hoffman Calmed Microsoft Nerves
The Information www.theinformation.com
Minutes after OpenAI’s board of directors announced it had fired CEO Sam Altman on Nov. 17, venture capitalist Reid Hoffman received a call from Microsoft CEO Satya Nadella.
The board’s decision shocked executives at Microsoft, which had agreed to invest more than $13 billion in the fast-growing artificial intelligence startup. Nadella wanted to know if Hoffman, a Microsoft director who had previously served on OpenAI’s board, had any explanation beyond the board’s oblique statement that Altman had failed to be …
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