Sam Altman to return as OpenAI CEO
Delhi: After a period of tumult within the tech industry, Sam Altman, co-founder and recently ousted CEO of OpenAI, is poised to resume his role. OpenAI announced an agreement “in principle” for Altman’s return as CEO, accompanied by the appointment of a new “initial” board of directors. The proposed all-male board includes Bret Taylor, former Salesforce co-CEO, as chair, Larry Summers, former US Secretary of the Treasury, and Adam D’Angelo. Greg Brockman, another OpenAI co-founder who had resigned in protest, is set to regain his position. The suggested changes to the board appear to remove directors who voted for Altman’s removal. The restructuring aims to reshape OpenAI’s corporate governance, with up to nine new board members. Altman’s removal was facilitated by a unique structure that places the company under a board obligated to uphold the original mission of ensuring beneficial AI for humanity. Thrive Capital, a major OpenAI investor supporting Altman’s negotiations, expressed satisfaction with the outcome, emphasizing Altman and Brockman’s commitment to the company’s integrity and leadership.
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