In a surprising turn of events, Sam Altman has been reinstated as the CEO of OpenAI, reversing his recent ousting by the company’s board. This development follows a week of intense negotiations, board reshuffling, and employee support for Altman’s return.
Board Restructuring
OpenAI’s board of directors underwent a major overhaul, removing members who opposed Altman’s leadership. The new board includes figures like Bret Taylor, former Facebook executive, and Lawrence Summers, former Treasury secretary. Adam D’Angelo, CEO of Quora, remains the only holdover.
Microsoft’s Support
Microsoft, OpenAI’s biggest investor, expressed support for these changes. Satya Nadella, Microsoft’s CEO, said on X that he was “encouraged by the changes to OpenAI board,” calling it a “first essential step towards on a path to more stable, well-informed, and effective governance“.Microsoft’s endorsement played a crucial role in Altman’s return.
Employee Revolt and Microsoft’s Role
Altman’s reinstatement was prompted by a collective effort from his allies, employees, and investors, including a significant threat from most of OpenAI’s 700+ employees to walk out and join Altman at Microsoft. The episode also led to the creation of a new advanced AI lab at Microsoft.
Thanksgiving Surprise
The drama concluded with OpenAI employees celebrating Altman’s return in the company’s office late on Tuesday night. Altman expressed gratitude, saying, “I hope you have a lovely Thanksgiving,” marking a hopeful end to a turbulent period for OpenAI.
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Source: The NewYork Times