Commentary

Takeaways From the OpenAI Boardroom Drama: What to Look Out for as Corporations Roll Out AI

Project Finance

Summary

OpenAI ousted its CEO, Sam Altman, late on the afternoon of November 17. Following a five-day period of considerable uncertainty around the company's direction, and even its viability, the situation was temporarily resolved with the reinstatement of Altman and a revamping of the board. The incident has highlighted issues for companies rolling out enterprise AI systems, including risks of vendor dependency and lock-in, vendor stability, and ownership of intellectual property. As investing in and leveraging AI capabilities becomes table stakes for companies in all industries, such considerations may become factors in assessing a company's risks.