Sam Altman not returning as CEO of OpenAI: Report

livemint.com:

ChatGPT parent OpenAI as Chief Executive Officer, despite various rounds of discussions with the Board, The Independent has reported. Instead, Emmett Shear – co-founder of Twitch, will take over as Interim CEO, it added. The report quoted co-founder and board director Ilya Sutskever telling staff on November 19 that Altman would not be back.

Also Read: ‘First and the last time…’: 'Sacked' Sam Altman Shows OpenAI 'Guest ID Card' Amid Talks of his return Many expect to see a mass exodus of employees from the company, with staff expected to join Altman's eventual new venture. As per multiple reports during the weekend, Altman was likely to return to the company amid immense pressure on the board to reinstate him. A report by The Verge cited sources suggesting the board had initially consented to resign and permit Altman and Brockman's return, but this agreement seems to have faltered.

The board missed a crucial 5 PM PT deadline on November 18 and is facing another 5 PM deadline today. Should Altman opt to depart and establish a new venture, it is anticipated that these employees would likely follow suit, the Verge report added. Also Read: ‘Sam and I are shocked by what board did today’, says ex-OpenAI President Greg Brockman Earlier Bloomberg cited sources saying that there is a possibility of Altman returning to the company.

A potential scenario being contemplated involved the current OpenAI board members stepping down imminently, although no definitive decisions have been reached, multiple sources told the news agency. According to a Reuters report, Microsoft, which owns a 49 percent stake in OpenAI, is likely to take a role on the board if Altman returns to the company. The company, led by Satya Nadella, could either