Friday, July 24, 2026
HomeFundingA few days after his dismissal, Altman returned to the position of...

A few days after his dismissal, Altman returned to the position of CEO of OpenAI, with a new board of directors.

Published on

The ousted leader of OpenAI, and creator of ChatGPT, is returning to the company that fired him last weekend, the culmination of a days-long power struggle that has rocked the technology and revenue industries. It attracted a lot of criticism because it focused on conflicts over how to safely build man-made structures. Intelligence.

“We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new board of directors,” San Francisco-based OpenAI said in a statement on Tuesday. »

The board that replaces the one that fired Mr. Altman on Friday will be chaired by former Salesforce co-CEO Bret Taylor, who was also chairman of Twitter before it was acquired by Elon Musk last year. Other members will be former US Treasury Secretary Larry Summers and Quora CEO Adam D’Angelo.

OpenAI’s previous board, including Mr. D’Angelo, refused to give a specific reason for firing Mr. Altman, leading to a weekend-long infighting within the company and the imposition of a growing outside force of investors in the startups.

The chaos also deepened rifts between Altman — who has become the face of AI’s rapid commercialization since ChatGPT emerged a year ago — and members of the company’s board of directors. As he progresses. .

Microsoft, which has invested billions of dollars in OpenAI and owns the rights to the existing technology, quickly hired Mr. Altman on Monday, along with another co-founder and former president, Greg Brockman, who resigned in protest after his firing. By Altman. This led to the threat of an exodus of almost all of the startup’s 770 employees, who signed a letter calling for the resignation of the board and the return of Mr. Altman. One of the four board members implicated in Mr. Altman’s firing, OpenAI co-founder and chief scientist Ilya Sutskever, later expressed remorse and joined calls for the board’s resignation.

In recent days, Microsoft pledged to welcome all employees who want to follow Mr. Altman and Mr. Brockman to the software giant’s new artificial intelligence research unit. Microsoft CEO Satya Nadella also made clear in a series of interviews on Monday that he remains open to the possibility of Mr. Altman returning to OpenAI, as long as the startup’s governance issues are resolved.

For more information visit at https://happenrecently.com/zepto/?amp=1

Latest articles

YANA Table Tennis League Returns 3rd OCTOBER: 12 TEAMS, 96 PLAYERS, 1 MISSION

THE FASTEST GROWING TABLE TENNIS LEAGUE IN INDIA TURNS MIXED-GENDER FOR BREAST CANCER AWARENESS...

How Raste Is Helping Drivers Detect Vehicle Problems Before They Become Expensive Repairs

For many vehicle owners, a dashboard warning light is a source of immediate anxiety....

Affiliate Marketing Platform EarnPe Powers India’s Growing Creator Economy with 500+ Brand Partnerships

India's affiliate marketing industry is witnessing a significant shift as creators and digital entrepreneurs...

Roobai Launches Smart Price Tracker for Amazon & Flipkart to Help Indian Shoppers Save More

Online shopping has made almost every product accessible with a few taps on a...

More like this

Cultfit Secures $47 Million Funding: A Big Boost to India’s Fitness Startup Ecosystem

India’s startup ecosystem is witnessing rapid growth, especially in the health and fitness sector....

Ola-Uber-Swiggy Showdown Strike Disrupts Rides and Meals Nationwide

Gig Heroes Fight for Minimum Fares and Better Incentives Amid Service CrunchIndia's bustling gig...

Bhopal Mahila Samvad Union Budget 2026-27 Women Schemes Explained by BJP Leaders

Discover how Hemant Khandelwal & Krishna Gaur highlight empowering provisions for Nari Shakti in...