Sam Altman returns to OpenAI in a bizarre reversal of fortunes

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https://www.cnn.com/2023/11/22/tech/openai-altman-returns-hnk-intl/index.html
Technology, AI, OpenAI, Sam Altman

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Sam Altman has agreed to return to lead OpenAI, the company said in a Tuesday post on X, just days after his surprise ouster as chief executive sparked an employee revolt that threatened to undermine what has been the leading company in the fledgling artificial intelligence industry.

“We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board,” the company said, adding that the board will be chaired by Bret Taylor, a former co-CEO of Salesforce. Former Treasury Secretary Larry Summers will also join the board, alongside existing director, Quora CEO Adam D’Angelo.

“We are collaborating to figure out the details,” it said.

In his own post on X, formerly Twitter, Altman wrote that he is “looking forward” to returning to OpenAI and building on the firm’s “strong partnership” with Microsoft, which is the ChatGPT maker’s biggest financial backer.