OpenAI today announced that it has reached an agreement to bring back Sam Altman as CEO and appoint new board members after nearly all of its employees threatened to quit over his surprise sacking.
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#SamAltman #OpenAI #ChatGPT #EmmettShear #SamAltmanSacked #Twitch #GregBrockman #MiraMurati #ChatGPTFounder #OpenAIFounder #OpenAICoFounder #ChatGPTNews #OpenAINews
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NewsTranscript
00:00 OpenAI has announced that it has reached an agreement to bring back Sam Altman as CEO
00:07 and appoint new board members after nearly all of its employees threatened to quit over
00:12 his surprise sacking.
00:14 In a post on X, the company said, "We have reached an agreement in principle for Sam
00:19 to return to OpenAI as CEO with the new initial board of Brett Taylor, Larry Summers and Adam
00:24 D'Angelo."
00:25 The company added that it is working to figure out the details of the agreement.
00:30 Confirming the development, Sam Altman said that he was looking forward to returning to
00:34 OpenAI.
00:35 Altman's post on XRed, "I love OpenAI and everything I've done over the past few days,"
00:40 has been in service of keeping this team and its mission together.
00:43 "I'm looking forward to returning to OpenAI and building on our strong partnership with
00:49 Microsoft."
00:50 Minutes after Sam Altman announced his decision to return as OpenAI's CEO, Microsoft CEO Satya
00:56 Nadella, who had recently welcomed Altman into the company, said that they have discussed
01:01 the matter and agreed that this is a first essential step to build a more stable, well-informed
01:06 and effective governance in OpenAI.
01:08 Altman, who was fired by OpenAI's board on Friday following disagreements on how fast
01:14 to develop and monetize artificial intelligence, had been in negotiations with the company
01:18 to return.
01:19 Those talks reached an impasse on Sunday, in part over pressure from Altman and others
01:24 for existing board members to resign.
01:26 Instead, the board named a new leader, former Twitch CEO M.H.
01:30 Shear, and OpenAI's biggest backer Microsoft said that it would hire Altman to head up
01:35 a new in-house AI team.
01:38 This shakeup wasn't the first at OpenAI, which was launched in 2015.
01:42 Tesla CEO Elon Musk, a co-founder of the non-profit, was once its co-chair and in 2020 other executives
01:49 departed going on to found competitor Anthropic, which claims to have a greater focus on AI
01:54 safety.
01:55 Altman had shot to fame with the launch of ChatGPT last year, which sparked a race to
01:59 advance AI research and development, as well as billions being invested in the sector.
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