Following the announcement, Sam Altman stated that he had decided to rejoin the firm since it was in his and the team’s best interests.
OpenAI, an artificial intelligence business, announced on Wednesday that Sam Altman will return as CEO, with a new inaugural board comprising Bret Taylor (Chair), Larry Summers, and Adam D’Angelo.
We have secured an agreement in principle for Sam Altman to return to OpenAI as CEO with a new inaugural board comprising Bret Taylor (Chair), Larry Summers, and Adam D’Angelo, according to OpenAI on X (previously Twitter). We’re working together to iron out the kinks. Thank you very much for your understanding.”
Following the announcement, Altman stated that he had opted to rejoin the firm because it was in his and the team’s best interests. “I love OpenAI, and everything I’ve done in the last few days has been in service of keeping this team and its mission together,” he wrote on X. On Sunday evening, when I chose to join msft, it was apparent that this was the best option for myself and the team. I’m looking forward to returning to OpenAI and expanding on our good cooperation with msft with the new board and Satya’s backing.”
The OpenAI Board of Directors stated on November 17 that the business is parting ways with Altman, a co-founder and one of the most prominent personalities in the AI ecosystem, after losing faith in him as a leader.
Microsoft’s executive chairman and CEO, Satya Nadella, stated, “We are encouraged by the changes to the OpenAI board.” We feel that this is the first and most important step toward more stable, informed, and effective government. Sam, Greg, and I discussed it and agreed that they, together with the OAI leadership team, had a critical role to play in assuring OAI’s continued success and expansion of its purpose.
We look forward to expanding on our great cooperation and bringing the value of this next generation of artificial intelligence to our clients and partners.”
The unexpected dismissal of OpenAI CEO Sam Altman has become a conversation issue in Indian startup corner rooms, spilling out into social media in spades.
Anupam Mittal, creator of Shaadi.com, remarked in a post on X (previously Twitter) shortly after Altman was fired: “This is what you get when you try to build disruptive tech with board-run companies and exotic management structures.”
Ashneer Grover, co-founder of finance giant Bharatpe, who was fired in 2022 for suspected financial irregularities, was among those who criticized OpenAI’s board. “Sam – In India, I’m going through the same situation. They come after your role/shares first, then you personally…It is now a starter template.
