🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

OpenAI Board In Talks With Sam Altman For Possible Comeback As CEO Just One Day Following His Exit

Published 19/11/2023, 01:48
© Reuters.  OpenAI Board In Talks With Sam Altman For Possible Comeback As CEO Just One Day Following His Exit
MSFT
-

Benzinga - by Benzinga Neuro, Benzinga Staff Writer.

The board of OpenAI is potentially bringing back Sam Altman as CEO.

According to multiple sources, Altman, who was suddenly dismissed by the board on Friday, is "ambivalent" about returning and would demand significant governance changes, as per a report by The Verge on Saturday. The fact that Altman is in discussions with OpenAI just a day after his removal suggests a state of disarray at the company.

Following Altman's dismissal, Greg Brockman, OpenAI’s president and former board chairman, resigned. The two are reportedly considering starting a new venture together. A number of senior researchers also quit on Friday, and it's suggested that more departures may be forthcoming.

Despite Altman's abrupt removal, Microsoft, OpenAI's largest investor, stated its continued commitment to its partnership with the AI firm. However, investors were not given prior notice or a chance to discuss the board's decision to remove Altman. His departure has cast uncertainty over OpenAI's future, especially as competitors strive to match the breakthrough rise of ChatGPT.

The current OpenAI board comprises chief scientist Ilya Sutskever, Quora CEO Adam D’Angelo, former GeoSim Systems CEO Tasha McCauley, and Helen Toner, from Georgetown’s Center for Security and Emerging Technology. Sutskever, also a co-founder of OpenAI, was key in Altman's ousting, indicating a possible power struggle within the company.

Read Next: Following AI World's 'Golden Child' Sam Altman's Unceremonious Sacking, Analyst Weighs In On Implication For OpenAI Partner Microsoft

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: Shutterstock

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.