Sam Altman, CEO of the San Francisco startup behind ChatGPT, said it will add an observing director from Microsoft, a major investor, to its previously announced three-person board. It was formed following a high-profile boardroom drama that saw Altman fired and rehired over the course of five days. (The Logic)

Talking point: OpenAI’s unusual governance structure, which put a non-profit board in ultimate control of a company that was reportedly on track to a tender offer that would value the company at US$86 billion, has come under scrutiny since the drama. Adding Microsoft as a non-voting board member could help prevent the company from being surprised by a similar scuffle in the future, something CEO Satya Nadella has previously said is important. Altman also said he has “love and respect” for Canadian chief scientist Ilya Sutskever, who played an instrumental role in the coup only to later regret his role, saying they are “discussing how he can continue his work at OpenAI.” Meanwhile, Business Insider has pictures of Altman’s previously unknown US$43-million Hawaii estate.