this post was submitted on 18 Nov 2023
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Seems like Microsoft’s Satya is furious, and who can blame him? They invested so much in OpenAI and then the board does this sneaky change, regardless of the reasons, is shocking they didn’t communicate with Microsoft… If this article is accurate I bet they will have a much harder time securing funding, no one wants to invest in turmoil and uncertainty.
Seems a miss from Microsoft's lawyers if they didn't check out how the board and company was organized before making such a large investment.
And at this point, there are plenty of companies that would jump at the chance to invest/get a controlling interest in OpenAI (and obviously they'd ask for a board seat at the very least) -- Google, Apple, even Meta.
Good reminder to not add a couple of nobodies to your board. Lol.