Who Reaped The Most Benefits From Altman-OpenAI Saga? Let’s Explore
In a dramatic reversal of events, Sam Altman has agreed to return to lead OpenAI, just days after his surprise ouster as the Chief Executive Officer triggered an employee revolt that threatened to undermine what has been a leading force in the AI industry.
In a Wednesday post on X, OpenAI said the “new initial board” will be chaired by Bret Taylor, a former co-CEO of Salesforce. Other members include former Treasury Secretary Larry Summers and Quora CEO Adam D’Angelo. “Thank you so much for your patience through this.”
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.
— OpenAI (@OpenAI) November 22, 2023
We are collaborating to figure out the details. Thank you so much for your patience through this.
How Did The Chaotic Altman-OpenAI Saga Unfold?
The announcement appears to bring an end to days of chaos for the evolving industry. In his own post on X, Altman said he is “looking forward” to returning to OpenAI and building on the firm’s “strong partnership” with Microsoft, which remains OpenAI’s biggest shareholder.
In a blog post on Friday, OpenAI claimed Altman had not been sufficiently “candid” with the board. As of Monday morning, Satya Nadella, the Chief Executive Officer of Microsoft, had announced Altman would be joining the tech giant to lead a new AI research division.
But then hundreds of OpenAI employees, nearly the start-up’s entire workforce, threatened to leave, potentially for Microsoft, if OpenAI’s board didn’t step down and reinstate Altman as the chief executive. The Altman-OpenAI saga has been no less than chaotic for the AI sector.
Keep Reading
Altman And Microsoft Appear To Be The Big Winners
It remains unclear how former Twitch chief Emmett Shear, who had been hired as interim CEO of OpenAI, will be affected by Altman’s return. OpenAI Co-Founder Greg Brockman, who had left in solidarity with Altman, is also returning, according to his post on X.
Publicly, Altman has long cautioned about risks posed by AI. But inside the company, he had been pushing to bring products to market more quickly. Ultimately, Altman and Microsoft appear to be the big winners from the dust-up.
