The rollercoaster board of OpenAI’s leadership concludes with Sam Altman set to return as CEO

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Sam Altman is all set to return as CEO of OpenAI, with a new board lineup featuring Bret Taylor, Larry Summers, and Adam D’Angelo.

After a whirlwind week of dramatic changes, OpenAI announced on Wednesday that it has reached an agreement for Sam Altman to return as CEO, with a reshuffled board that includes Bret Taylor, Larry Summers, and Adam D’Angelo.

Altman expressed excitement about rejoining OpenAI, simply writing on X that he is “looking forward to returning to OpenAI.” While details about what new strategy or structure Altman might pursue upon his return are still scarce, OpenAI stated that its leadership team is “collaborating” to iron out the details.

The surprise announcement is a reversal of last Friday’s surprise announcement that Altman would step down as CEO of OpenAI after the board conducted a “deliberative review process” and determined they no longer had faith in his ability to effectively steer the company going forward. As interim CEO, Altman was replaced by existing OpenAI executive Mira Murati.

On Monday, Microsoft CEO Satya Nadella revealed plans for Altman and other top OpenAI talent to join Microsoft, sparking speculation that the tech behemoth was staging a talent acquisition coup of sorts. Simultaneously, Twitch co-founder Emmet Shear was appointed as the interim CEO of OpenAI.

Following today’s announcement that Altman would indeed be returning to the helm of OpenAI, Shear shared a cryptic post on X.

Meanwhile, Microsoft CEO Satya Nadella praised OpenAI’s latest decision, calling it a first essential step on a path to more stable, well-informed, and effective governance.

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