Investors Push for the Return of Sam Altman as CEO of OpenAI
Date: 2023-11-19 Author: Dima Zakharov Categories: TECHNOLOGY
Investors are exerting pressure on OpenAI to reinstate Sam Altman as the Chief Executive Officer, following his dismissal from the position on Friday. The New York Times, citing its own sources, reported on Saturday that the board of directors at OpenAI is engaged in negotiations with Altman regarding his potential return.
After Altman's dismissal, investors and supporters of OpenAI rallied, urging the board members to bring him back. Notably, Microsoft, a company that invested $13 billion in OpenAI, is advocating for his reinstatement. Microsoft has also expressed willingness to invest in another company that Altman might establish, as stated by Altman himself shortly after his termination.
However, according to the New York Times, there are no guarantees that Altman will be reinstated at OpenAI. The board of directors relieved Altman of his CEO position due to a loss of confidence in his ability to lead the company. OpenAI stated that Altman was not consistently transparent in his communications, hindering his ability to fulfill his duties.
Sam Altman, a 38-year-old entrepreneur, played a crucial role in the founding of OpenAI, the organization behind the widely recognized AI chatbot, ChatGPT.
After Altman's dismissal, investors and supporters of OpenAI rallied, urging the board members to bring him back. Notably, Microsoft, a company that invested $13 billion in OpenAI, is advocating for his reinstatement. Microsoft has also expressed willingness to invest in another company that Altman might establish, as stated by Altman himself shortly after his termination.
However, according to the New York Times, there are no guarantees that Altman will be reinstated at OpenAI. The board of directors relieved Altman of his CEO position due to a loss of confidence in his ability to lead the company. OpenAI stated that Altman was not consistently transparent in his communications, hindering his ability to fulfill his duties.
Sam Altman, a 38-year-old entrepreneur, played a crucial role in the founding of OpenAI, the organization behind the widely recognized AI chatbot, ChatGPT.
