Microsoft has relinquished its seat on the board of OpenAI, saying its participation is no longer needed because the ChatGPT maker has improved its governance since being roiled by boardroom chaos ...

FILE - OpenAI CEO Sam Altman, left, appears onstage with Microsoft CEO Satya Nadella at OpenAI's first developer conference, on Nov. 6, 2023, in San Francisco. Microsoft has quit its seat on the board ...

Microsoft has given up its seat on Sam Altman's OpenAI board, effective immediately, the company said. Microsoft, which has invested $13 billion into Sam Altman's most well-known company, said that ...

Microsoft is giving up its seat on OpenAI's board, saying its presence is no longer necessary as the ChatGPT maker's governance has improved since its boardroom upheaval last year. "We appreciate the ...

As regulatory scrutiny picks up, the tech giant says it is pleased with the progress OpenAI has made with governance and considers its oversight role unnecessary. By Tripp Mickle Reporting from San ...

Microsoft yesterday (July 9) told OpenAI that the withdrawal will take place “effective immediately,” as first reported by the Financial Times, which also noted that Apple has decided to decline its ...

Microsoft is vacating its non-voting seat on OpenAI's board "effective immediately," reported Financial Times on Wednesday. In a letter to OpenAI obtained by the publication, Microsoft said, "[W]e no ...

OpenAI said that Sam Altman was officially reinstated as chief executive officer and that it has a new initial board of directors, with Microsoft Corp. joining as a nonvoting observer. The ...

Three of the four board members who voted to oust Altman, meanwhile, are gone, with the new board currently consisting of just three people—chair Bret Taylor, Larry Summers, and holdover Adam D’Angelo ...

Microsoft will gain a non-voting observer seat on OpenAI’s revamped board of directors after a bizarre series of events that included the surprise firing and re-hiring of Sam Altman as the firm’s CEO.