OpenAI Isn’t Expected to Offer Microsoft, Other Investors a Board Seat

OpenAI’s revamped board of directors doesn’t plan to include representatives from outside investors, according to a person familiar with the situation. It’s a sign that the board will prioritize safety practices ahead of investor returns.

The new board hasn’t been officially seated and things could change. But the person said Microsoft and other shareholders, such as Khosla Ventures, Thrive Capital and Sequoia Capital, aren’t expected to be offered a seat on OpenAI’s new nine-person board. The startup’s ouster of CEO …

board board of directors change investor investors microsoft openai person practices returns safety will