CNBC September 16, 2024
Hayden Field

Key Points

– OpenAI said its Safety and Security Committee will now become an independent board oversight committee.

– The company said the group will be chaired by Zico Kolter, director of the machine learning department at Carnegie Mellon University.

– OpenAI is pursuing a funding round that would value the company at more than $150 billion, according to people familiar with the matter.

OpenAI on Monday said its Safety and Security Committee, which the company introduced in May as it dealt with controversy over security processes, will become an independent board oversight committee.

The group will be chaired by Zico Kolter, director of the machine learning department at Carnegie Mellon University’s school of computer science. Other members include Adam...

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