11-22-2023, 03:21 PM
OpenAI restores Sam Altman as CEO after tumultuous ouster
SAN FRANCISCO: OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom.
In addition to Altman’s return, the company agreed in principle to partly reconstitute the board of directors that had dismissed him. Former Salesforce co-CEO Bret Taylor and former US Treasury Secretary Larry Summers will join Quora CEO and current director Adam D’Angelo, OpenAI said.
Sam Altman said in a post on X “i’m looking forward to returning to openai.”
His return caps a tumultuous weekend that saw Altman agree to move to OpenAI’s financial backer Microsoft to head a new research team there. That followed a rejection by OpenAI’s board of his first attempt to return to the startup, on Sunday, by naming ex-Twitch boss Emmett Shear as interim CEO.
In a post on X, Shear celebrated the late-night outcome Tuesday, which he said followed “~72 very intense hours of work.”
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In addition to Altman’s return, the company agreed in principle to partly reconstitute the board of directors that had dismissed him. Former Salesforce co-CEO Bret Taylor and former US Treasury Secretary Larry Summers will join Quora CEO and current director Adam D’Angelo, OpenAI said.
Sam Altman said in a post on X “i’m looking forward to returning to openai.”
His return caps a tumultuous weekend that saw Altman agree to move to OpenAI’s financial backer Microsoft to head a new research team there. That followed a rejection by OpenAI’s board of his first attempt to return to the startup, on Sunday, by naming ex-Twitch boss Emmett Shear as interim CEO.
In a post on X, Shear celebrated the late-night outcome Tuesday, which he said followed “~72 very intense hours of work.”
- More -