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In what could officially put an end to the uncertainty around Sam Altman’s future at OpenAI, the company on Wednesday said it all set for Altman’s return as chief executive officer. In addition, the company reportedly said it has finalized arrangements to give its partner and investor Microsoft a non-voting seat on its board.
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OpenAI Has New Initial Board
This comes after drama unfolded on November 17, 2023, when OpenAI fired Sam Altman from the company. This move has escalated an ugly internal conflict for the company, with employees threatening to quit over Altman’s exit. Following this, the company’s board announced it would bring back Altman as CEO. In a statement, the company announced that Mira Murati will return to the role of CTO while the new initial board will have Bret Taylor as Chair besides Larry Summers, and Adam D’Angelo.
The board emphasized on its plans to further stabilize the OpenAI organization, and enhance the company’s governance structure.
Sam Altman Has A Message On Return As CEO
Altman said he was looking forward to continue the task of building beneficial artificial general intelligence (AGI). In his blog post, Altman reiterated on OpenAI’s terms with Microsoft, adding that the tech giant will be part of the board as non-voting observer. “We clearly made the right choice to partner with Microsoft and I’m excited that our new board will include them as a non-voting observer.”
Meanwhile, the Worldcoin Price (WLD) showed signs of recovery following the news of OpenAI officially reinstating Sam Altman as its CEO. After OpenAI’s board fired Altman from the CEO role, the WLD Coin followed a negative trajectory, only to recover losses with the board’s decision to bring back Altman.
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