Premium
This is an archive article published on November 22, 2023

OpenAI’s leadership rollercoaster ends with Sam Altman set to return as CEO

Sam Altman is all set to return as CEO of OpenAI, with a new board lineup featuring Bret Taylor, Larry Summers, and Adam D’Angelo.

sam altman featured 2Sam Altman attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. (Image: REUTERS/Carlos Barria)
Listen to this article
OpenAI’s leadership rollercoaster ends with Sam Altman set to return as CEO
x
00:00
1x 1.5x 1.8x

After a whirlwind week of dramatic changes, artificial intelligence research company OpenAI announced on Wednesday that it has reached an agreement for Sam Altman to return as CEO with a reshuffled board consisting of Bret Taylor, Larry Summers, and Adam D’Angelo.

Altman expressed enthusiasm about rejoining OpenAI, stating simply in a post on X that he’s “looking forward to returning to OpenAI.” While details remain scarce at the moment regarding what new strategy or structure Altman might pursue upon his return, OpenAI commented that its leadership team is “collaborating” to hash out the specifics.

The surprise announcement marks a reversal from last Friday’s surprising news that Altman would be stepping down from his leadership role at OpenAI after the board conducted what they described as a “deliberative review process” and determined they no longer had faith in his ability to effectively steer the company going forward. Altman was replaced by existing OpenAI executive Mira Murati as interim CEO.

Story continues below this ad

Then in an additional unexpected development on Monday, Microsoft CEO Satya Nadella revealed plans for Altman and other top OpenAI talent to join Microsoft, sparking speculation that the tech giant was staging a talent acquisition coup of sorts. Around the same time, Twitch co-founder Emmet Shear was instated as the interim OpenAI CEO.

However, following today’s update that Altman would in fact be returning to OpenAI’s helm, Shear shared a cryptic post on X.

Meanwhile, Satya Nadella expressed support for OpenAI’s latest decision saying that it’s a “first essential step on a path to more stable, well-informed, and effective governance.”

He added that Microsoft looks forward to building on its existing partnership with OpenAI.

Latest Comment
Post Comment
Read Comments
Advertisement
Loading Taboola...
Advertisement