BRIEF-OpenAI Says New Board Will Include Microsoft As A Non-Voting Observer - Blog

Microsoft Corp: * OPENAI SAYS NEW BOARD WILL INCLUDE MICROSOFT AS A NON-VOTING OBSERVER - BLOG

* OPENAI- THE NEW INITIAL BOARD WILL CONSIST OF BRET TAYLOR (CHAIR), LARRY SUMMERS, AND ADAM D’ANGELO * OPENAI- MIRA WILL RETURN TO HER ROLE AS CTO

* OPENAI - ILYA WILL NO LONGER SERVE ON BOARD, WE HOPE TO CONTINUE OUR WORKING RELATIONSHIP AND ARE DISCUSSING HOW HE CAN CONTINUE HIS WORK AT OPENAI * OPENAI - WE DIDN’T LOSE A SINGLE EMPLOYEE

* OPENAI - BOARD WILL BE WORKING VERY HARD ON EXTREMELY IMPORTANT TASK OF BUILDING OUT BOARD OF DIVERSE PERSPECTIVES * OPENAI - BOARD WILL BE WORKING VERY HARD ON IMPROVING GOVERNANCE STRUCTURE AND OVERSEEING AN INDEPENDENT REVIEW OF RECENT EVENTS Source text for Eikon: Further company coverage: