weather_iconDublin | 11.01 °C | AQI 5
Sunday, 24 November, 2024

---Advertisement---

Business

Sam Altman to Reassume CEO Role At OpenAI In a Board Restructure

Sam Altman will be making a comeback to lead the company, now under the oversight of a freshly assembled board.

OpenAI, a leading player in the realm of artificial intelligence, made waves on Wednesday with a significant announcement: Sam Altman is set to return as CEO following an agreement that also marks the formation of a freshly appointed board. The inaugural board includes Bret Taylor, Larry Summers, and Adam D’Angelo, a move poised to recalibrate the company’s leadership structure.

The announcement was delivered via a statement on X (formerly Twitter), highlighting the key shifts within the company. Altman, expressing his anticipation about his return, conveyed his enthusiasm and commitment to the organization. “I am looking forward to returning to OpenAI,” his statement read, emphasizing his dedication to the team and its overarching mission. Altman’s recent brief transition to a role at Microsoft, another of OpenAI’s supporters, preceded his reinstatement.

The reshuffle at OpenAI was initiated earlier in the week when the company appointed Emmett Shear, the former head of Twitch, as the interim CEO, replacing Altman following his move to Microsoft. However, the swift changes in leadership showcased a dynamic evolution in the company’s structure, ultimately leading to Altman’s reinstallation at the helm.

Sam Altman’s return was met with positive affirmation from Satya Nadella, CEO of Microsoft. Nadella expressed optimism about the newly appointed board, emphasizing its crucial role in stabilizing and enhancing governance within OpenAI. Nadella’s statement echoed a strong commitment to the partnership between Microsoft and OpenAI, aiming to leverage the potential of AI for their customers and partners.

This significant leadership transformation arrives in the wake of Altman’s prior removal from the CEO position, a decision primarily attributed to a ‘lack of consistent candor in his communications.’ OpenAI, in a statement released last Saturday, cited this as the principal cause for Altman’s departure. The board’s assessment led to the conclusion that Altman’s communication style impeded the board’s ability to fulfill its responsibilities effectively.

Also Read: Father’s Daughter Is The Mother Of His Other Pregnant Daughter: Secrets, Unraveling Relationships, And Unexpected Twists

 

HISTORY

Written By

Malika Sahni


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story

Live News

---Advertisement---


live

India Vs Australia, 1st Test Day 3 LIVE Updates: Yashasvi Jaiswal And KL Rahul’s Brilliant Partnership Gives India Stronghold In Perth Test

Nov 24, 2024
IND VS AUS, 1st Test Day 3
  • 08:37 (IST) 24 Nov 2024

    India Vs Australia, 1st Test Day 3 LIVE Updates: Padikkal seems composed

  • 08:35 (IST) 24 Nov 2024

    India Vs Australia, 1st Test Day 3 LIVE Updates: Skipper on the attack

  • 08:33 (IST) 24 Nov 2024

    India Vs Australia, 1st Test Day 3 LIVE Updates: Padikkal taking his time

N24 Shorts Logo

SHORTS

PM Narendra Modi with Eknath Shinde
Beyond News

A Shift Towards BJP's Aggressive Hindutva Amid Opposition's Leadership Crisis

The Maharashtra election may further push the Congress down as it has lost the election at a time when it needed a win most desperately. Though the Congress succeeded in pushing the BJP to a corner and stopping it at less than a majority on its own, it failed to make any headway further.

View All Shorts

---Advertisement---

Trending