OpenAI to rehire Sam Altman as CEO with new initial board members

Share This Post

OpenAI says it has reached an agreement in principle for Sam Altman to return as CEO, with a new board including Bret Taylor as chairman, Larry Summers, and Adam D’Angelo.

Just two days after Microsoft CEO Satya Nadella hired former OpenAI CEO Sam Altman to lead a new advanced AI research team, OpenAI backtracked on its decision to let go t

On Nov. 22, OpenAI announced a new agreement that would see the return of Altman as the company CEO. The company confirmed this decision through an official tweet.

According to OpenAI, the company and Altman “are collaborating to figure out the details.” Sam Altman reciprocated his willingness to join OpenAI by retweeting the onboarding announcement with a ‘heart’ emoji.

Additionally, Altman openly shared his “love” for OpenAI as he decided to withdraw from his new role at Microsoft, adding

“I’m looking forward to returning to OpenAI, and building on our strong partnership with Microsoft.”

Nadella supported Altman and president Greg Brockman’s decision to move back into OpenAI, and how it is essential for ensuring OpenAI continues to thrive and build on its mission.

Altman’s short-lived departure from OpenAI revealed his role in unifying the team. On Nov. 20, 505 out of 700 OpenAI employees reportedly signed a letter stating that the board undermined the company’s mission by firing Altman. 

Related: Emmett Shear new CEO of OpenAI: A timeline of Sam Altman’s ousting

“The process through which you terminated Sam Altman and removed Greg Brockman from the board has jeopardized all of this work and undermined our mission and company,” the letter stated.

The backlash from OpenAI employees, coupled with Microsoft’s timely job offer, recemented Altman’s dominant position across the AI ecosystem.

Magazine: Breaking into Liberland: Dodging guards with inner-tubes, decoys and diplomats

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Lido Finance Cements DeFi Lead, Expands To Optimism: Is LDO Undervalued?

Lido Finance, the largest DeFi platform by assets under management, is expanding The liquidity staking platform said it now supports the deployment of its stETH value-accruing token on Optimism, a

Bitcoin Price Holds Firm: Can It Power Toward New Gains?

Bitcoin price climbed further higher above the $67,500 resistance zone BTC is now consolidating and might clear the $68,350 resistance to continue higher Bitcoin remained stable and extended gains

Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit The government cites growing bitcoin adoption as a

Solana Targets $160 Resistance As TVL Hits New Yearly Highs

Solana is testing a crucial supply level around $160 following a strong 15% surge since last Friday The crypto market is experiencing heightened volatility as optimism grows, increasing token

Dogecoin To Reach $2.7 By December? Market Expert Lays Out Potential Path For DOGE

Dogecoin, the largest meme coin, continues to attract a series of bold predictions from several market experts about its potential in the short and long term following its recent price increase in

Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade

Brazil pushes for a shift away from the US dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries As the group expands, discussions on