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Fortune
Fortune
Paolo Confino

OpenAI's 'unusual' board can make unilateral decisions without asking permission from anyone—like deep-pocketed backer Microsoft and Satya Nadella

(Credit: Ben Kriemann—Getty Images)

OpenAI's dramatic decision to fire its CEO Sam Altman on Friday, and the days-long power struggle that followed, was only possible thanks to the unusual power held by its directors. The ChatGPT developer’s extraordinarily powerful board doesn't answer to shareholders or an ownership group, but instead to none other than all of mankind. “Our primary fiduciary duty is to humanity,” OpenAI’s charter reads. 

Microsoft CEO Satya Nadella, who’s taken a central role in negotiating OpenAI and Sam Altman’s future, now wants governance changes at the pioneering AI startup. “Surprises are bad,” he told Bloomberg during an interview Monday evening. 

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