zlacker

>>himara+(OP)
The only power MS has is soft power as a backer. Will that win over the board's actual power? If MS pulls investment it will be a catastrophic blow.

>>cedws+d3
pulling investment would be a hard power. Imagine if Microsoft says the change in leadership and idiotic board means the contract is done, no more compute for openAI and then goes on to back Sam Altmans new company

openai will be writing papers and asking for donations within a weeks time at that point as the rest of openAI quits

>>bilal4+m5
.. and MS takes a massive hit financially as they're hardpdroven as an unreliable cloud service.

>>dontup+r6
Uh, you have a nonprofit board firing a CEO at a board meeting that doesn't even sound like was properly noticed. Was the board president even given time to attend?

And Microsoft has total rights to the models and weights, so they can CONTINUE their services and then spin up with Sam's new company.

>>tempno+1n
If they had written consents from a majority of the board to remove Altman and Brockman from the board, then depending on the applicable nonprofit law and corporate governance documents, the board removals may very well have been legally conducted without need for a properly noticed board meeting. (For the actual firing of Altman, that might have been legal either through written consents or through a board meeting after the removals of Altman and Brockman.)

Having no information on what laws and governance documents apply to OpenAI or on what steps the board took, I express no opinion on whether the legal requirements were actually met, but it’s possible they were.