Less than a day after Sam Altman was unceremoniously deposed from his position as CEO of leading artificial intelligence giant OpenAI, multiple reports have surfaced suggesting that the company—or at least its major investors, which include Microsoft—is negotiating to bring him back. The coup on the six-member board of directors, which included Altman and company co-founder and board chairman Greg Brockman, was led by chief scientist Ilya Sutskever. Microsoft, which has poured an estimated $13 billion into the former non-profit, was blindsided by the move. While they issued a public statement declaring the “utmost confidence” in a post-Altman OpenAI, reports suggest they are a central player in a behind-the-scenes move to bring him back to lead the company. Altman abrupt dismissal triggered a series of significant departures from the company, starting with Brockman. Many have compared the corporate drama to the firing of Steve Jobs by Apple’s board of directors in 1995. In Altman’s case, his return may come much faster. This is a developing story and will be updated as information becomes available.

This news suggests that OpenAI and Microsoft are negotiating to bring back Sam Altman as CEO of the company. Altman was unceremoniously deposed from his position and this move was unexpected by Microsoft, who have invested a significant amount in the company. This could be seen as good news as many have compared the corporate drama to the firing of Steve Jobs by Apple’s board of directors in 1995, who eventually brought Jobs back to lead the company. #OpenAI #SamAltman #Microsoft #AI #AIdevelopment

You can read more about this topic here: Decrypt: Sam Altman May Return to Lead OpenAI: Reports

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