End of drama at OpenAI. Sam Altman returns to the CEO chair after five days.

After a five-day media scandal surrounding his dismissal, Sam Altman officially returns to the position of CEO of OpenAI. The company succumbed to the pressures of shareholders and its employees.

End of drama at OpenAI. Sam Altman returns to the CEO chair after five days.
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Summary

  • Sam Altman has returned to OpenAI as CEO, with a new board including Bret Taylor, Larry Summers, and Adam D'Angelo.
  • Altman's return follows his dismissal on November 17 due to alleged dishonest communication with the board and a conflict with co-founder and chief scientist, Ilya Sutskever.
  • Sutskever had concerns about the potential dangers of the technology being developed by OpenAI, which he felt Altman was not adequately addressing.
  • Altman's dismissal led to over 730 employees threatening to quit and demanding the resignation of the current board.
  • The employees also considered joining Altman and co-founder Greg Brockman at Microsoft, OpenAI's largest shareholder.
  • Ultimately, the board reinstated Altman and Brockman due to the pressure from employees and shareholders.
"We have reached an agreement on the return of Sam Altman to OpenAI as CEO with a new board, initially including Bret Taylor (Chairman), Larry Summers and Adam D'Angelo. We are working out the details. Thank you very much for your patience" - we read in the OpenAI company statement published on X.

Shortly afterwards, Sam Altman also posted his statement on the platform.

"I love OpenAI and everything I've done over the past few days has been to maintain our team and its mission. When I decided to join Microsoft on Sunday evening, it was clear that this was the best path for me and the team. Together with the new board and with support from Satya (Satya Nadella, CEO of Microsoft - ed.) I can't wait to return to OpenAI and build our strong collaboration with Microsoft" - wrote Altman.

Sam Altman returns to OpenAI after five days

On November 17, OpenAI unexpectedly announced its decision to dismiss Sam Altman from the position of managing director.

"Sam Altman's departure is the result of a thoughtful evaluation process by the board, which concluded that he was not consistently honest in his communication with the board, which made it difficult for him to perform his duties. The board no longer has confidence in his ability to continue leading OpenAI" - was written in the statement at the time.

According to the New York Times, the initial reason for Altman's sudden dismissal was his conflict with the chief scientist, co-founder of the company and board member, Ilya Sutskever. Sutskever believed that the technology created by the organization could be dangerous, and Altman paid too little attention to this issue and pushed forward driven by the logic of business competition. Altman and the other co-founder of OpenAI Greg Brockman were to move to Microsoft, which is the largest shareholder of OpenAI.

However, Altman's sudden dismissal had unexpected consequences. Over seven hundred and thirty employees of the company sent an official open letter to the company's board, threatening to quit if Altman was not reinstated. The signatories also demanded the resignation of the current company board.

"Your actions have shown that you are not capable of overseeing OpenAI. We cannot work with people who lack competence, judgment and care for our mission and employees" - we read in the letter addressed to the OpenAI board.

The signatories also considered joining Altman and Greg Brockman at Microsoft.

"We will take this step immediately, unless all current board members resign and Sam Altman and Greg Brockman are reinstated" - they emphasized.

Ultimately, the OpenAI board succumbed to the pressure of employees and shareholders.

"Tonight we are returning to OpenAI and coding" - Brockman wrote on X. "Incredible progress has been made today. We will come back stronger and more united than ever" - he stated in a separate post.