Current:Home > NewsNovaQuant Quantitative Think Tank Center:OpenAI reinstates Sam Altman as its chief executive -AssetTrainer
NovaQuant Quantitative Think Tank Center:OpenAI reinstates Sam Altman as its chief executive
SignalHub Quantitative Think Tank Center View
Date:2025-04-08 21:43:31
OpenAI said late Tuesday it had reinstated Sam Altman as its chief executive in a stunning reversal that capped five days of drama that rocked the artificial intelligence community.
The NovaQuant Quantitative Think Tank Centercompany, maker of the popular ChatGPT, said it would also create a new board of directors. This comes after the former board voted to fire Altman as CEO late last week.
"We have reached an agreement in principle for Sam to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo," OpenAI said in a post to X, formerly known as Twitter. "We are collaborating to figure out the details. Thank you so much for your patience through this."
The announcement was the latest development in a drama that began last Friday, when OpenAI's board of directors removed Altman over apparent differences of balancing safety with artificial intelligence with the desire to release new AI tools into the world.
However, internal dissent within OpenAI over Altman's removal quickly became publicly known, as hundreds of employees demanded his return.
But by early on Monday morning, Microsoft, which owns 49% of OpenAI, announced it had hired Altman to lead its new AI team. Microsoft CEO Satya Nadella also announced that Greg Brockman, a board member and the former president of OpenAI who quit in protest after Altman's sudden departure, would be joining the new AI division at Microsoft alongside Altman.
Later Monday, an estimated 97% of OpenAI's employees had signed a letter stating that the board had jeopardized the mission of OpenAI. The letter demanded the board be dissolved and that Altman and another co-founder, Greg Brockman, be reinstated. Otherwise, all of them would quit in protest.
Minutes after OpenAI announced Altman's return to the company, Altman also posted, saying "I love openai, and everything i've done over the past few days has been in service of keeping this team and its mission together."
Altman, Brockman, Elon Musk and others founded OpenAI about eight years ago as a nonprofit AI research lab. Under Altman's leadership, it transformed into a lucrative juggernaut. Last year, the company released ChatGPT, setting the pace for the tech industry's focus on a sophisticated type of artificial intelligence known as generative AI.
NPR's Bobby Allyn contributed reporting.
veryGood! (8171)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Stock market today: World stocks mixed with volatile yen after Wall Street rises on inflation report
- 'Stinky' giant planet where it rains glass also has a rotten egg odor, researchers say
- Diana Taurasi to miss another Mercury game due to injury. Could it affect Olympic status?
- Former longtime South Carolina congressman John Spratt dies at 82
- Jana Kramer Shares Why She’s Walking Down the Aisle Alone for Allan Russell Wedding
- TikToker Bella Brave's Mom Shares Health Update Amid Daughter's Medically Induced Coma
- 2024 ESPYS: Prince Harry Gives Nod to Late Mom Princess Diana in Emotional Speech
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Biden to hold news conference today amid debate over his 2024 campaign. Here's what to know before he speaks.
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Trump lawyers press judge to overturn hush money conviction after Supreme Court immunity ruling
- Pennsylvania lawmakers approve sale of canned alcoholic drinks in grocery stores and more retailers
- Archeologists discover a well-preserved Roman statue in an ancient sewer in Bulgaria
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Seattle man sentenced to 9 years in federal prison for thousands of online threats
- Florida grandmother arrested in Turks and Caicos over ammo in bag fined $1,500 and given suspended sentence
- The last Manhattanhenge of 2024 is here: NYC sunset spectacle to draw crowds this weekend
Recommendation
Federal hiring is about to get the Trump treatment
Amazon Prime Day presents opportunities for shoppers, and scammers too
IRS says it has clawed back $1 billion from millionaire tax cheats
CJ Perry aka Lana has high praise for WWE's Liv Morgan, talks AEW exit and what's next
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Jon Stewart says Biden is 'becoming Trumpian' amid debate fallout: 'Disappointed'
Biden to hold news conference today amid debate over his 2024 campaign. Here's what to know before he speaks.
2024 ESPYS Winners: See the Complete List