OpenAI reverses course on CEO Altman ouster

Technology
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OpenAI leadership was in turmoil following ouster of CEO Sam Altman | Steve Jennings, Getty Images for TechCrunch CC, licensed under the Creative Commons Attribution 2.0 Generic license; OpenAI

Following intense internal negotiations, Sam Altman will resume his role as CEO at OpenAI. This change is in response to pressure from employee dissatisfaction and Microsoft's proposal to Altman. OpenAI's posted to X late November 21 and confirmed Altman's return and a revamped board.

Late Friday evening OpenAI issued the following on X:

“We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo.”


The November 17 ousting of Sam Altman as CEO of OpenAI, the company known for ChatGPT, shocked the global business community. 

While details were sparse, it became known that the board's initial decision stemmed from a review revealing that Altman was "not consistently candid in his communications" with the board. This lack of transparency reportedly led to a loss of confidence in his leadership, prompting his removal. This unexpected shift has left many, including key players in the tech industry, surprised and concerned about the implications for OpenAI's future in the context of the broader AI landscape.

Following his ouster, Microsoft CEO Satya Nadella's said Altman was welcome to join the Microsoft AI team, signaling intricate dynamics at play. Microsoft is one of OpenAI’s largest financial backers.

OpenAI's internal upheaval was evidenced by a significant employee uprising demanding a leadership overhaul following Altman’s dismissal. 

OpenAI's board was in active discussion about Altman's potential reappointment over the weekend and into this week. Key investors, eager to mitigate the unfolding crisis, advocated for Altman's swift return.