Sam Altman is set to make a comeback, successfully thwarting a recent boardroom coup that had plunged the company into disarray over the past few days. The announcement comes from the AI startup itself as it shared the update from its official account on X (formerly Twitter). Altman is set to resume his position, and the recently appointed board will be led by Bret Taylor.
Other members include Larry Summers and Adam D'Angelo, as detailed in the company's statement on X. “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." Also Read: Sam Altman returns as OpenAI CEO with ‘Satya Nadella’s support’, to build strong partnership with Microsoft OpenAI on Monday named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Microsoft. After being ousted by OpenAI's board on November 17 due to conflicts regarding the pace of artificial intelligence development and monetisation, Sam Altman engaged in negotiations with the company for his return, as reported by Bloomberg. However, discussions hit a roadblock on November 19, partly because of Altman's push for current board members to step down, Bloomberg reported citing sources.
Also Read: OpenAI board approached rival Anthropic's CEO to replace Sam Altman, discuss merger: Reports Meanwhile, Sam Altman said he has Microsoft CEO Satya Nadella's support for returning to OpenAI. Altman wrote, “I love openAI, and everything I’ve done over the past few days has been in service of keeping this team and its mission together. when i decided to
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