Investors and Board in Talks for Sam Altman's Return as OpenAI CEO

1 min read
Source: Cointelegraph
Investors and Board in Talks for Sam Altman's Return as OpenAI CEO
Photo: Cointelegraph
TL;DR Summary

Key investors at OpenAI are reportedly pushing for the reinstatement of former CEO Sam Altman, disagreeing with the board's decision to terminate him. OpenAI's largest shareholder, Microsoft, is said to be in contact with these investors. Altman's departure has also impacted the plans of Thrive Capital, which was expected to lead a tender offer for employee shares. Altman is willing to return to the company if the current board steps down, and Microsoft CEO Satya Nadella has expressed support for Altman's decision. Altman and former OpenAI president Greg Brockman are reportedly developing a new AI venture together.

Share this article

Reading Insights

Total Reads

0

Unique Readers

23

Time Saved

2 min

vs 3 min read

Condensed

76%

40497 words

Want the full story? Read the original article

Read on Cointelegraph