OpenAI is one of America’s most valuable startups in the field of artificial intelligence and has been in the news for a while after one of its founders, Sam Altman, was suddenly fired last week. While the discussions about why Sam Altman was fired continued, new names were immediately replaced, there were resignations, and even more interestingly, an agreement was reached with Microsoft. Now, it has been announced that Altman will return to the company as CEO.The board of directors also changed
OpenAI said an agreement in principle had been reached for Altman’s return. The initiative also reformed its board of directors, removing several members. Former Salesforce CEO Bret Taylor, former US Treasury Secretary Larry Summers and Quora founder Adam D’Angelo will be on the artificial intelligence startup’s new board of directors. Taylor will serve as chairman of the board.
“I love OpenAI, and everything I’ve done in the last few days has been geared towards keeping this team and its mission together,” said Sam Altman. When I decided to join Microsoft on Sunday evening, it was clear that this was the best path for me and the team. “I look forward to returning to OpenAI with the new board and Satya’s support and building on our strong partnership with Microsoft,” he said. Microsoft owns approximately 49% of OpenAI.
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