Sam Altman proves you really can go home again.
Thanksgiving week has no shortage of prodigal sons returning home for the holidays.
Now that trend is spilling over into the artificial intelligence world, as on-again, off-again Sam Altman is officially returning to OpenAI as company chief executive officer.
The news was first reported by Bloomberg early on November 22.
Altman returns to his CEO perch five short days after he was dismissed by OpenAI’s board of directors on Friday, November 17.
In addition to Altman being back as CEO, OpenAI announced on an X post that former Salesforce co-CEO Bret Taylor and former U.S. Treasury Secretary Larry Summers will join a newly-formed board of directors, lending some high-profile stability to OpenAI. Taylor will repeatedly chair the board.
“We have reached an agreement in principle for Sam to return to OpenAI as CEO . . . We are collaborating to figure out the details,” the company stated. “Thank you so much for your patience through this.”
After what Bloomberg described as “four days of high stakes negotiations”, Altman will serve as CEO but not take a seat on the board, which is still evolving. Taylor and Summers will reportedly lead a search for up to nine new board members, Bloomberg reported.
We’ll keep monitoring the story and post updates as they happen.
Brian O’Connell, a former Wall Street bond trader and best-selling author, is a prominent figure in the finance industry. With a substantial background as an ex-Wall Street trader, he has authored two best-selling books: ‘The 401k Millionaire’ and ‘CNBC’s Creating Wealth’, demonstrating his profound knowledge of finance and investing.
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