OpenAI has made Sam Altman’s return as CEO official and is giving Microsoft a non-voting observer seat on the nonprofit board that controls the for-profit company, The Verge’s Alex Heath reports. “I have never been more excited about the future,” Altman said in a memo to employees shared with The Verge. “I am extremely grateful for everyone’s hard work in an unclear and unprecedented situation, and I believe our resilience and spirit set us apart in the industry. I feel so, so good about our probability of success for achieving our mission.” Microsoft holds a 49% stake in the for-profit entity that the nonprofit board controls.
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