OpenAI has brought back Sam Altman as CEO. The composition of the board of directors will be updated

Sam Altman will once again be the CEO of OpenAI

OpenAI has reached an agreement to return Sam Altman as CEO. Only a few days have passed since his scandalous dismissal.

Interestingly, on Monday, November 20, there were talks about Altman's move to Microsoft. And on the morning of November 22 (that is, at night US time), OpenAI announced his return to his post. Changes await the company's board as well.

“We have reached an agreement in principle to bring Sam back to OpenAI as CEO with a new initial board consisting of Bret Taylor (Chairman), Larry Summers and Adam D'Angelo. We are working together to clarify the details. Thank you very much for your patience,” the post reads.

Altman wrote in X (Twitter) that he loves OpenAI and all his actions in recent days were aimed at preserving the team and its mission. He added that he is looking forward to returning to the company and developing cooperation with Microsoft.

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

Microsoft CEO Satya Nadella congratulated OpenAI on the changes in the board. “We believe this is an important first step towards more stable, well-informed and effective governance,” he wrote.

What is known about the dismissal of Sam Altman

The news of the dismissal of Sam Altman from the position of CEO of OpenAI appeared on Friday evening. The reason, according to media reports, was that he “wasn't consistently forthcoming in his communications with the board of directors.”

The company's co-founder Greg Brockman and three senior researchers even left the company in disagreement. Another 700 workers signed a petition to the board threatening to leave the company if Altman did not return.

Dissatisfaction also arose among OpenAI investors, in particular Microsoft. The corporation initially tried to reinstate Altman, but within days, Nadella announced that Altman would be working for the corporation and heading a new research group. It is interesting that a day after the statement he was no longer so sure about it.