Technology company OpenAI said it is bringing back Sam Altman as CEO. This happened a few days after his sudden dismissal and the reaction of workers who threatened to move en masse to Microsoft.
In addition to Altman’s return, the company will change the composition of its board of directors. The company will form an interim board of directors, headed by Bret Taylor, a former Salesforce executive. Also taking a seat on the board will be Larry Summers, former US Treasury Secretary. Adam D’Angelo, co-founder and CEO of Quora, will remain on the board of directors.
The main task of OpenAI’s interim board of directors is to select up to nine new directors, a person familiar with the negotiations who asked not to be identified told Bloomberg. The composition of the board of directors turned out to be the main stumbling block in negotiations to return Altman to the post of CEO.
The Guardian writes that Altman’s dismissal was a “major shock” for Silicon Valley.
After this, most OpenAI employees said they might move to Microsoft if Altman was not reinstated. The letter was signed by 550 of the company’s 700 employees.