Sam Altman Returns as CEO of OpenAI with New Board Members

Sam Altman, the co-founder and CEO of OpenAI who was fired on November 17 is now returning to his position after a hell lot of drama going on for five days within OpenAI’s leadership team.

OpenAI announced the return of Altman on social media platform X saying, “We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo. We are collaborating to figure out the details. Thank you so much for your patience through this.

Altman was fired from OpenAI saying that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities. After this news came out, many other staff members including its co-founder and President, Greg Brockman also resigned from OpenAI leading to a kind of crisis for the company.

Later, Microsoft CEO Satya Nadella announced that both Sam Altman and Greg Brockman would be joining Microsoft to head its new AI team. As Microsoft has a substantial stake in OpenAI, it also tried to resolve the crisis so that its partnership would continue.

Soon this leadership crisis at OpenAI turned into a hell lot of drama and hundreds of its employees threatened to resign en masse if the company’s board of directors failed to step down.

With Microsoft’s support, Sam Altman is now returning to OpenAI as its CEO along with its former President, Greg Brockman and other staff. He said in a social media post on X, “With the new board and with Satya Nadella’s support, I’m looking forward to returning to OpenAI, and building on our strong partnership with Microsoft.

Read Here: Why was Sam Altman fired from OpenAI?

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