OpenAI saga ends as deal reached to reinstate Altman as CEO

Ousted OpenAI CEO Sam Altman will be returning to his position with the company, OpenAI said in a post on X (formerly Twitter).

Late Tuesday evening, it announced, “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. We are collaborating to figure out the details.Thank you so much for your patience through this.”

The move follows five days of musical chairs and corporate chaos in which OpenAI announced two interim CEOs, and more than 95 per cent of employees signed a letter demanding the removal of the board and Altman’s return, and threatening to resign if it didn’t happen.

Ironically, the board member who was believed to have instigated the attempted coup later signed the letter. He is not a member of the new board.

Altman posted late last night that he is looking forward to returning to OpenAI.

Greg Brockman, OpenAI co-founder, who resigned after Altman’s firing, posted on X that he, too, is also returning to the firm.

Microsoft CEO Satya Nadella, who had quickly hired Altman and Brockman to lead a new advanced AI research group at Microsoft, posted the following after hearing a deal had been reached:

The Verge reported this morning that all parties have agreed to an independent investigation into the fiasco, and commented that “based on our conversations with people involved, the very human power struggle at the center of all this seems not yet completely over.”

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Lynn Greiner
Lynn Greiner
Lynn Greiner has been interpreting tech for businesses for over 20 years and has worked in the industry as well as writing about it, giving her a unique perspective into the issues companies face. She has both IT credentials and a business degree

Related Tech News

Featured Tech Jobs


CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.