zlacker

>>convex+(OP)
This is escalating rather quickly. It is an incredibly irresponsible move by the OpenAI board. Hypergrowing company, and now they managed to shake up their user's trust in leadership stability. This has Adam's (D'Angelo) fingerprints all over it (for context, he did overthrow his co-founder, and Quora has been struggling ever since). This guy shouldn't sit on any board ever again.

I predict the board will be fired, and Sam and the team will return and try to contain the situation.

>>mirzap+0g
Who fires the board at a 501.3c?

>>chasd0+wi
I absolutely guarantee you when Microsoft owns 50% that they paid $50,000,000,000 for, that Microsoft is really in charge.

The board and Ilya will all be gone within a month.

>>andrew+dl
To all the commenters in this thread, here we are a few days later.....

https://www.bloomberg.com/news/articles/2023-11-19/openai-ne...

OpenAI Negotiations to Reinstate Altman Hit Snag Over Board Role

    OpenAI’s leaders want board removed, but directors resisting
    Microsoft’s Nadella leading high-stakes talks on Altman return

Sam Altman

Photographer: Joel Saget/AFP/Getty Images Have a confidential tip for our reporters? Get in Touch Before it’s here, it’s on the Bloomberg Terminal LEARN MORE By Emily Chang, Edward Ludlow, Rachel Metz, and Dina Bass November 20, 2023 at 7:17 AM GMT+11 Updated on November 20, 2023 at 7:47 AM GMT+11

A group of OpenAI executives and investors racing to get Sam Altman reinstated to his role as chief executive officer have reached an impasse over the makeup and role of the board, according to people familiar with the negotiations. The decision to restore Altman’s role as CEO could come quickly, though talks are fluid and still ongoing.

At midday Sunday, Altman and former President Greg Brockman were in the startup’s headquarters, according to people familiar with the matter.

OpenAI leaders pushing for the board to resign and to reinstate Altman include Interim CEO Mira Murati, Chief Strategy Officer Jason Kwon and Chief Operating Officer Brad Lightcap, according to a person with knowledge of the discussions. foundering_tout

Altman, who was fired Friday, is open to returning but wants to see governance changes — including the removal of existing board members, said the people, who asked not to be identified because the negotiations are private. After facing intense pressure following their decision to fire Altman Friday, the board agreed in principle to step down, but have so far refused to officially do so. The directors have been vetting candidates for new directors.

At the center of the high-stakes negotiations between the executives, investors and the board is Microsoft Corp. CEO Satya Nadella. Nadella has been leading the charge on talks between the different factions, some of the people said. Microsoft is OpenAI’s biggest investor, with $13 billion invested in the company.