Business

OpenAI to bring back Sam Altman as CEO after his tumultuous ouster

OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the centre of the artificial intelligence boom.

Company agrees in principle to partly reconstitute board of directors that dismissed him

A man wearing a blue suit sits at a table, on the right side of the frame, looking toward the left side of the frame.
Sam Altman said in a post on X "i'm looking forward to returning to openai." (Patrick Semansky/The Associated Press)

OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the centre of the artificial intelligence boom.

In addition to Altman's return, the company agreed in principle to partly reconstitute the board of directors that had dismissed him. Former Salesforce co-CEO Bret Taylor and former U.S. Treasury Secretary Larry Summers will join Quora CEO and current director Adam D'Angelo, OpenAI said.

Altman said in a post on X "i'm looking forward to returning to openai."

The board had given few details explaining Altman's firing on Friday, other than his lack of candour and its need to defend OpenAI's mission developing AI to benefit humanity.

The deal to restore Altman ushers in a potentially new era for the startup — a non-profit — which long juggled concerns among staff about AI's dangers and its potential for commercialization. Tuesday's reshuffle appeared to favour Altman and financial backer Microsoft, which is rolling out OpenAI's technology to business customers globally.

Tumultuous week 

In a statement on X, Microsoft CEO Satya Nadella welcomed the changes to OpenAI's board.

"We believe this is a first essential step on a path to more stable, well-informed, and effective governance," he said.

His return caps a tumultuous weekend that saw Altman agree to move to OpenAI's financial backer Microsoft to head a new research team there. That followed a rejection by OpenAI's board of his first attempt to return to the startup, on Sunday, by naming ex-Twitch boss Emmett Shear as interim CEO.

In a post on X, Shear celebrated the late-night outcome Tuesday, which he said followed "~72 very intense hours of work."

Altman's dismissal had brought uncertainty for both OpenAI and Microsoft, which had moved quickly to control damage over the weekend by vowing to hire him and Greg Brockman, president of the startup.

Brockman, who had quit after Altman was ousted, said in a post on X that he was "getting back to coding tonight."

Nearly all of OpenAI's more than 700-strong staff on Monday had threatened to leave unless the board stepped down and reinstated Altman and Brockman, according to a letter reviewed by Reuters.