Sam Altman rehired as OpenAI CEO just days after firing (2024)

It's been quite a week for ChatGPT creator OpenAI. In a dramatic u-turn, ousted CEO Sam Altman has been rehired. And he'll be joined by a new board.

Sam Altman rehired as OpenAI CEO just days after firing (1)ADVERTIsem*nT

The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry and brought attention to the conflicts around how to safely build artificial intelligence.

San Francisco-based OpenAI said in a statement late Tuesday: "We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board".

The board, which replaces the one that fired Altman on Friday, will be led by former Salesforce co-CEO Bret Taylor, who also chaired Twitter's board before its takeover by Elon Musk last year.

The other members will be former US Treasury Secretary Larry Summers and Quora CEO Adam D’Angelo.

OpenAI’s previous board of directors, which included D'Angelo, had refused to give specific reasons for why it fired Altman, leading to a weekend of internal conflict at the company and growing outside pressure from the startup's investors.

The chaos also accentuated the differences between Altman — who's become the face of generative AI's rapid commercialisation since ChatGPT's arrival a year ago — and members of the company's board who have expressed deep reservations about the safety risks posed by AI as it gets more advanced.

Microsoft, which has invested billions of dollars in OpenAI and has rights to its current technology, quickly moved to hire Altman on Monday, as well as another co-founder and former president, Greg Brockman, who had quit in protest after Altman's removal. That emboldened a threatened exodus of nearly all of the startup's 770 employees who signed a letter calling for the board's resignation and Altman's return.

One of the four board members who participated in Altman's ouster, OpenAI co-founder and chief scientist Ilya Sutskever, later expressed regret and joined the call for the board's resignation.

Microsoft in recent days had pledged to welcome all employees who wanted to follow Altman and Brockman to a new AI research unit at the software giant. Microsoft CEO Satya Nadella also made clear in a series of interviews Monday that he was still open to the possibility of Altman returning to OpenAI, so long as the startup's governance problems are solved.

  • Majority of OpenAI staff threaten to follow ex-CEO Sam Altman in Microsoft's new AI research team

“We are encouraged by the changes to the OpenAI board,” Nadella posted on X late Tuesday. “We believe this is a first essential step on a path to more stable, well-informed, and effective governance.”

In his own post, Altman said that “with the new board and (with) Satya's support, I'm looking forward to returning to OpenAI, and building on our strong partnership with (Microsoft)."

Co-founded by Altman as a nonprofit with a mission to safely build so-called artificial general intelligence that outperforms humans and benefits humanity, OpenAI later became a for-profit business but one still run by its nonprofit board of directors. It's not clear yet if the board's structure will change with its newly appointed members.

“We are collaborating to figure out the details,” OpenAI posted on X. “Thank you so much for your patience through this.”

Nadella said Brockman, who was OpenAI's board chairman until Altman's firing, will also have a key role to play in ensuring the group “continues to thrive and build on its mission.”

Hours earlier, Brockman returned to social media as if it were business as usual, touting a feature called ChatGPT Voice that was rolling out to users.

“Give it a try — totally changes the ChatGPT experience,” Brockman wrote, flagging a post from OpenAI's main X account that featured a demonstration of the technology and playfully winking at recent turmoil.

“It’s been a long night for the team and we’re hungry. How many 16-inch pizzas should I order for 778 people,” the person asks, using the number of people who work at OpenAI. ChatGPT's synthetic voice responded by recommending around 195 pizzas, ensuring everyone gets three slices.

As for OpenAI's short-lived interim CEO Emmett Shear, the second interim CEO in the days since Altman's ouster, he posted on X that he was “deeply pleased by this result, after ~72 very intense hours of work.”

Sam Altman rehired as OpenAI CEO just days after firing (2)ADVERTIsem*nT

“Coming into OpenAI, I wasn't sure what the right path would be,” wrote Shear, the former head of Twitch. “This was the pathway that maximised safety alongside doing right by all stakeholders involved. I'm glad to have been a part of the solution.”

Sam Altman rehired as OpenAI CEO just days after firing (2024)

FAQs

Sam Altman rehired as OpenAI CEO just days after firing? ›

Days after his surprise ouster, Altman and his supporters – with backing from most of OpenAI's workforce and close business partner Microsoft – helped orchestrate a comeback that brought Altman and Brockman back to their executive roles and forced out board members Tasha McCauley, Helen Toner and Ilya Sutskever, though ...

Did Sam Altman get rehired by OpenAI? ›

After a chaotic few days during which Microsoft said it would hire Altman and Brockman, OpenAI employees threatened to quit en masse, Altman was reinstated as CEO.

Is Altman coming back to OpenAI? ›

OpenAI's chief executive Sam Altman will return to the company's board of directors after a probe into his brief sacking and subsequent rehiring. An investigation by law firm WilmerHale found that Altman's conduct “did not mandate his removal” last year, OpenAI said in a blog post on Friday.

Did Sam Altman return to ChatGPT? ›

March 8 (Reuters) - OpenAI Chief Executive Sam Altman will return to the ChatGPT-maker's board along with three new directors, the world's most prominent artificial intelligence company said on Friday.

Are Elon Musk and Sam Altman friends? ›

Altman and Musk would eventually become friends and go on to co-found OpenAI together. But over the years, their relationship became turbulent and Altman's hero turned on him. Last week, their tense relationship got even worse.

How much is Sam Altman worth? ›

Why did Musk leave OpenAI? ›

In the lawsuit, he said he invested “tens of millions” of dollars in the nonprofit research laboratory. Musk left the company in early 2018 in a move that OpenAI said at the time would prevent conflicts of interest. Musk's Tesla car company was looking for people in AI to help develop self-driving car technology.

Who is the biggest investor in OpenAI? ›

At the heart of the storm, Shear, the firm's new interim CEO, and Microsoft, OpenAI's biggest investor led by Satya Nadella, are emerging as the key designers for the path out of this crisis.

How much of OpenAI is owned by Sam Altman? ›

Despite being one of the core founders of the artificial intelligence startup, Altman has asserted multiple times that he does not hold any stake in OpenAI.

How much of OpenAI does Microsoft own? ›

“While details of our agreement remain confidential, it is important to note that Microsoft does not own any portion of OpenAI and is simply entitled to a share of profit distributions,” a Microsoft spokesperson said in a statement.

Was Sam Altman reinstated as CEO? ›

Sam Altman was reinstated late Tuesday as OpenAI's chief executive, the company said, successfully reversing his ouster by OpenAI's board last week after a campaign waged by his allies, employees and investors.

Who is the biggest investor in ChatGPT? ›

ChatGPT is owned by OpenAI, which is not publicly traded. Microsoft is a major investor in OpenAI. While you can't invest in OpenAI directly, you can buy stocks that are connected to its success.

Is Sam Altman still CEO of ChatGPT? ›

On November 17th, 2023, OpenAI's nonprofit board abruptly announced that co-founder and CEO Sam Altman was out. The shake-up came just shy of one year after the launch of ChatGPT, which quickly became one of the fastest-growing apps in history and initiated an industry-wide race to build generative AI.

What religion is Sam Altman? ›

Altman was born on April 22, 1985, in Chicago, Illinois, into a Jewish family, and grew up in St. Louis, Missouri. His mother is a dermatologist, while his father was a real estate broker. Altman is the eldest of four siblings.

Why is Tesla suing OpenAI? ›

Musk, who co-founded OpenAI in 2015, has accused the company of breaching its founding agreement and diverging from its original, nonprofit mission by reserving some of its most advanced artificial intelligence technology for private customers.

Who is Annie Altman? ›

Annie Altman, CEO of Open AI Sam Altman's sister, is accusing her brothers of sexual abuse.

Did the CEO of AI get rehired? ›

Amid strong pressure from its employees, as well as blowback from investors, OpenAI has brought back Altman as CEO on November 29, just days after the company announced his departure. Altman's reinstatement comes with a new initial board consisting of Larry Summers, Adam D'Angelo, and Bret Taylor as the chair.

Why is OpenAI no longer non profit? ›

Altman co-founded OpenAI in 2015 as a tax-exempt nonprofit with a mission “to build artificial general intelligence (AGI) that is safe and benefits all of humanity.” To raise more capital than it could amass through charitable donations, OpenAI later established a holding company that enables it to take money from ...

How much did Sam Altman invest in OpenAI? ›

Sharpe also said Altman won't receive any financial benefit from the OpenAI Startup Fund, which raised $175 million to take stakes in early-stage AI companies. Although regulatory filings show Altman owns more than 75% of the fund, he hasn't invested his own money and won't profit from its gains, according to Sharpe.

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