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

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 89 Views

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.

Two days after Microsoft CEO Satya Nadella hired former OpenAI CEO Sam Altman to lead a new advanced artificial intelligence (AI) research team, OpenAI backtracked its decision to fire its co-founder.

On Nov. 22, OpenAI announced a new agreement that would see Altman return as CEO. The company confirmed the agreement in a post on its official X (formerly Twitter) account.

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

Altman openly expressed 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 OpenAI co-founder and president Greg Brockman’s decision to move back to OpenAI, highlighting how it is essential to ensure 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 and Microsoft’s timely job offer reinforced Altman’s dominant position across the AI ecosystem.

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