In a surprising turn of events, Sam Altman is back as OpenAI’s CEO, overturning his recent Fired.
The company’s board undergoes a major overhaul, aligning with Altman’s supporters.
Microsoft’s CEO, Satya Nadella, applauds the changes, marking a crucial step toward stable governance.
The revamped board, led by Bret Taylor, features notable figures like Adam D’Angelo and Lawrence Summers.
Altman expresses gratitude for the support and emphasizes strengthening OpenAI’s partnership with Microsoft, its key investor.
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 join msft on sun evening, it was clear that was the best path for me and the team. with the new board and w satya’s support, i’m…— Sam Altman (@sama) November 22, 2023
The intense five-day saga involved negotiations, resignations, and a threat of employee walkouts.
Microsoft’s swift decision to form an advanced AI lab with Altman and others added an unexpected twist. The board’s initial decision to remove Altman faced a growing employee revolt, prompting key members to reconsider.
The resolution comes as a relief for OpenAI’s 700+ employees, many of whom were prepared to walk out.
Thrive Capital’s commitment to a funding offer valuing OpenAI at over $80 billion ensures continued partnership and stability for the company.
As Altman reassumes his role, the tech industry watches closely, hoping for a more united and focused future for OpenAI.