Microsoft secures Altman's return to OpenAI after scandalous dismissal

Microsoft secures Altman's return to OpenAI after scandalous dismissal

Kyiv  •  UNN

November 22 2023, 03:19 PM • 20099 views

It's been 5 days since the unexpected dismissal of Sam Altman, the creator and head of the artificial intelligence company OpenAI. All this time, the tech giant Microsoft has been working to bring him back, and it has ended in victory.

Co-founder of OpenAI Sam Altman will return to the company's leadership position 5 days after his dismissal. OpenAI reported this on social network X, according to UNN.

We have reached an agreement in principle to bring Sam Altman back to OpenAI as CEO with a new initial CEO with a new initial board

- the company said in a statement.

Details

Altman will return as executive director. The new board of directors will initially include will initially include Brett Taylor, Larry Summers, and Adam D'Angelo. But preparations are underway the election of a new board of directors of the company - the parties are still discussing the new composition of the of the board.

Bloomberg writes, that Altman's return means a victory for Microsoft, which has worked with the board of directors to overturn Altman's dismissal.

Bloomberg's sources believe that representatives of Microsoft, whose artificial intelligence strategy depends on on OpenAI and which is OpenAI's largest investor with a $10 billion investment will be represented on the new board of directors. Sources also say that Altman himself Altman himself will join the board and conduct an internal investigation to find out why the previous board decided to fire him.

As a reminder,

On Friday, November 17 November, it became known about Altman's unexpected dismissal. The OpenAI company on behalf of the on behalf of the board of directors reported that Altman was fired after an internal review by the board of directors showed that the CEO "has not always been forthright in his communication with the board of directors, which has impeded him to fulfill his duties."

Within hours, most of OpenAI's 770 employees OpenAI employees signed a letter to the board of directors stating that they could leave and join Microsoft if all the directors did not resign and Altman was not reinstated.