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Sam Altman returns as CEO of Open AI

Sam Altman returns as CEO of Open AI

Sam Altman He was reinstated as CEO of Open AI. This is what the company writes On X.

“We have reached an agreement in principle with Sam Altman To return to Open AI as CEO with a new Board of Directors consisting of Brett Taylor (president), Larry Summers And Adam D’Angelo,“The company writes on the platform.

The announcement comes after a turbulent week, to say the least, for the company that saw Microsoft invest more than 130 billion Swedish krona and is behind the hugely popular services ChatGPT and Dall-E.

Suddenly fired

It began late Friday evening Swedish time when Altman, who had been a prominent figure in the rapid development of artificial intelligence in recent years, was fired by the board, which at the same time indicated that he had withheld information from them.

The decision must have been announced without informing major investors such as Sequoia and main owner Microsoft.

Mira Moratti, Who until then held the position of chief technology officer of the company, took over the position of interim CEO, but over the weekend, according to information, she will go to the technology journalist. Kara Swisher After she held a meeting with employees where she announced that she would continue working to restore Altman to the position of CEO of the company.

A new CEO is in place

However, the board announced on Sunday that Altman will not return as CEO, replacing the Twitch founder Emmett Shear As CEO

Which in turn led to almost all employees at the company signing a letter of protest in which they called the board incompetent and threatened to follow Altman to Microsoft, where he was offered the role of leading a new artificial intelligence team.

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And so this merry-go-round and power struggle at Open AI has come to an end with Sam Altman now back as CEO of the company. At the same time, the council was replaced. Brett Taylor, who will now become president, was the former CEO of SaaS giant Salesforce, Larry Summers is the former US Secretary of the Treasury, and Adam D’Angelo is the founder of Qoura.

Read also: All about the CEO carousel at Open AI