However, the same executive also criticized OpenAI for their partnership with Microsoft, claiming that they have been overtaken by Big Tech, unlike its previous track before. One of its backers in its early days and most recently is Elon Musk, the famed tech CEO known to invest heavily in different companies he believes in. And is because it was backed by many famous executives in the tech industry since its startup days, and now being one of the most prominent AI companies present in the world. He claims that he will remain an 'ally' to OpenAI, and further support their work that is shared with the public, but at the same time, support the industry and other startups. Hoffman is looking to improve more of AI in the world, and he will do this by investing in other companies, as well, and not only in where he previously served as a board member to. Read Also: OpenAI's ChatGPT API Debuts to Developers, Letting Them Add the Chatbot in Their Apps Hoffman Remains an 'Ally,' Assuring AI Growth 'But by stepping off the board, I can proactively put to rest any downstream potential issues for both OpenAI and all Greylock portfolio companies I've backed.'

The executive further claimed that this is the only way to avoid any potential issues with OpenAI and other companies, especially as he serves as its board member. 'As OpenAI's APIs become more important to the next wave of AI applications, Greylock and I will be investing in companies, like Tome and Coda, that will use the OpenAI APIs,' said Hoffman. The executive is not leaving the company because of some issue or problem he had with its business, and according to his LinkedIn post, he is looking to invest more in AI and to do this, he has to leave his position as a board member of OpenAI.

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