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Sam Altman Return to OpenAI

Sam Altman is set to resume the role of CEO at OpenAI, triumphing over a recent attempt to remove him that plunged the company into disarray.

OpenAI announced an “agreement in principle” for Altman’s return, unveiling a new board featuring Bret Taylor, Larry Summers, and Adam D’Angelo, with D’Angelo being a holdover from the previous board.

Altman’s sudden exit on Friday was met with resistance from OpenAI employees, leading to a boardroom struggle and threats of defection to Microsoft if the board did not resign.

Unexpected Comeback

Sam Altman’s reinstatement as CEO of OpenAI comes as a shocking development following his sudden departure just days ago.

The initial decision to remove Sam Altman sparked a series of rapid CEO changes, intensifying the internal turmoil.

Sam Altman posted on his X account (formerly known as Twitter):

OpenAI Co-Founder Greg Brockman reposted OpenAI’s post on his X account:

In the midst of the turmoil, OpenAI’s board encountered resistance from employees who protested against Altman’s ousting.

The employees issued a threat to defect to Microsoft, aligning themselves with Sam Altman and co-founder Greg Brockman, unless the board chose to resign.

Throughout the saga, the board members opposing Altman remained tight-lipped about the reasons for his dismissal.

The boardroom struggles witnessed Ilya Sutskever, a key member who initially opposed Altman, switched sides on Sunday.

This move left the remaining three board members in a more vulnerable position, contributing to the agreement that welcomes Altman back as CEO.

Resolving Turmoil at OpenAI

With the agreement in principle, OpenAI aims to bring stability to its leadership, ending a tumultuous period marked by swift CEO changes and internal unrest.

The return of Sam Altman, combined with the new board composition, signals a shift in OpenAI’s direction and attempts to address the concerns raised by employees during the recent chaos.

* Original content written by Coinlive. Coinbold is licensed to distribute this content by Coinlive.