LinkedIn co-founder Reid Hoffman leaves OpenAI’s board, here’s why

LinkedIn co-founder Reid Hoffman is leaving OpenAI’s board to avoid conflicts of interest as he backs more artificial intelligence companies, he said in an online post.

Hoffman, who has invested in and advised the startup since its 2015 founding, said his venture capital firm Greylock is funding companies such as presentation generator Tome, which are paying for tools from OpenAI, the creator of chatbot sensation ChatGPT. Hoffman also co-founded Inflection AI, one of the highest-profile startups working on technology similar to OpenAI’s.

“With all the possibilities ahead, it’s important to think beyond any one application, company, industry when it comes to AI, because I believe its impact will be on a much greater magnitude,” he said.