OpenAI investors push for Sam Altman’s return as CEO: Report

OpenAI's board of directors is reportedly taking heat from investors over the decision to fire its CEO, Sam Altman.

According to a Bloomberg on November 19 reportAccording to sources familiar with the matter, several investors in OpenAI, the artificial intelligence (AI) company behind chatGPT, are in contact with its largest shareholder, Microsoft, in an effort to reinstate Altman as CEO.

On November 17, OpenAI announced Altman's removal as CEO, with its CTO Mira Murati taking over as CEO.

In a blog post, the board stated that Altman's communication lacked clarity and honesty, making it challenging to gain a comprehensive understanding of operations.

Thrive Capital, which is expected to lead an employee takeover bid, has reportedly not yet submitted the funds, and Altman's departure is about to affect its course of action.

Thrive reportedly wants the board to rehire both Altman and Greg Brockman, its president, who departed Friday shortly after Altman was ousted from the company.

Sam and I are shocked and saddened by what the board did today.

First, let's say thank you to all the amazing people we've worked with at OpenAI, our customers, our investors, and everyone who has reached out.

We too are still trying to figure out exactly...

-Greg Brockman (@gdb) November 18, 2023

Brockman announced his departure after it was revealed that the board had fired Altman.

"Based on today's news, I have resigned," Brockman stated in a mail in X.

After the news, three senior OpenAI researchersJakub Pachocki, director of research, Aleksander Madry, head of preparation, and Szymon Sidor, principal investigator, also left.

Related: OpenAI halts new ChatGPT Plus registrations amid high demand

Meanwhile, reports indicate that Altman is willing to return to the company, contingent on the current board resigning at the end of the weekend.

Additionally, Microsoft CEO Satya Nadella would have expressed his support for whatever decision Altman makes, given that the board's decision was also a surprise to him.

However, recent reports Since Altman's firing on Friday they say he is developing a new AI company that will launch, according to sources familiar. Additionally, there were reports indicating that Brockman would join Altman in this venture.

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