Who Reaped The Most Benefits From Altman-OpenAI Saga? Let’s Explore

 

In a remarkable change of events, Sam Altman has agreed to return to manage OpenAI, only days after his abrupt removal as CEO sparked an employee mutiny that threatened to derail what had been a major force in the AI business.

In a post on X on Wednesday, OpenAI stated that the “new initial board” will be chaired by Bret Taylor, a former co-CEO of Salesforce. Former Treasury Secretary Larry Summers and Quora CEO Adam D’Angelo are among the other members. “Thank you so much for your patience through this.”

The announcement appears to put an end to the evolving industry’s days of instability. Altman stated on X that he is “looking forward” to returning to OpenAI and expanding on the company’s “strong partnership” with Microsoft, which remains OpenAI’s largest shareholder.

OpenAI alleged in a blog post on Friday that Altman had not been “candid” with the board. As of Monday morning, Microsoft CEO Satya Nadella revealed that Altman will be joining the company to manage a new AI research group.

However, hundreds of OpenAI employees, practically the whole workforce, threatened to depart, maybe for Microsoft, if OpenAI’s board did not step down and reinstate Altman as CEO. The Altman-OpenAI saga is concluded.