OpenAI Reinstates Sam Altman as CEO Amid Employee and Investor Pressure
Former Salesforce co-CEO Bret Taylor and former Treasury Secretary Larry Summers Join OpenAI's Board in a Bid to Stabilize Governance
- OpenAI has reinstated Sam Altman as CEO after he was fired by the board less than a week ago, following immense pressure from employees and investors.
- More than 95% of OpenAI's employees had threatened to quit if Altman was not reinstated and the board did not resign.
- Microsoft CEO Satya Nadella, whose company has committed to invest more than $10 billion into OpenAI, expressed support for the changes to OpenAI's board.
- Former Salesforce co-CEO Bret Taylor and former Treasury Secretary Larry Summers will join OpenAI's board, with Taylor holding the chair position.
- Altman's reinstatement follows a tumultuous period at OpenAI, with the company going through four CEOs in five days.
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