Microsoft boss Satya Nadella on Tuesday insisted there was “nothing wrong” with OpenAI's governance structure — despite a high-profile internal battle that briefly ousted CEO Sam Altman last year. Zuda.
OpenAI, a nonprofit organization run by a board of directors with a mission to prioritize safety over profit, came under intense scrutiny after Altman was fired last November. The directors claimed that Altman had “lost their trust” because he “was not consistently candid.”
“All we want is good stability,” Nadella said at a World Economic Forum event in Davos, Switzerland. to bloomberg.
“We invested and partnered with them when they were whatever they were today, when they were nonprofits with limited profits. So we're comfortable. We don't have a problem with any structure,” Nadella said. added.
Microsoft, which invested about $13 billion in OpenAI, was one of several investors caught off guard when the OpenAI board fired Altman.
Mr. Nadella reportedly played a key role in the negotiations, and Mr. Altman returned five days later.
OpenAI has since announced plans to revamp its board of directors, which includes former Treasury Secretary Larry Summers and former Twitter chairman Brett Taylor.
Microsoft won a non-voting observer seat.
Both Microsoft and OpenAI are facing new headaches as the US Federal Trade Commission and UK regulators investigate their multibillion-dollar partnership.
The UK Competition and Markets Authority cited “a number of developments in OpenAI's governance, some of which involved Microsoft,” as the trigger for its investigation.
In a speech at Davos, Nadella claimed that Microsoft's investment in OpenAI was a “very risky bet” made before the company released ChatGPT, the popular AI chatbot that gained global fame. did.
“It's inevitable that regulators around the world will be paying attention to what companies of our size and scale are doing,” Nadella said. “At the end of the day, we want new entrants. That's the core of ensuring we have strong competition.”
Mr. Altman also appeared at the World Economic Forum's glitzy summit, where he suggested a revamped board would overhaul its bizarre governance structure.
“We expect to see significant progress in this regard in the coming months,” Altman said. “The new board will then consider the governance structure.”
“We will look at it from all angles,” he added.
with post wire
