OpenAI investors push for Sam Altman's return as CEO: Report
Cointelegraph
19 Nov 2023 3:22 AM
OpenAI investors have reportedly disagreed with the board's decision to terminate CEO Sam Altman. The board is now under pressure to reinstate Altman as CEO, with the potential consequence of jeopardizing investor funds if they choose not to do so....
- OpenAI's board of directors is facing criticism from investors for terminating CEO Sam Altman.
- Investors are in contact with Microsoft, OpenAI's largest shareholder, to reinstate Altman as CEO.
- Altman's removal was announced on November 17, with Mira Murati taking over as CEO.
- The board cited Altman's lack of clarity and honesty in communication as the reason for his removal.
- Thrive Capital, expected to lead a tender offer for employee shares, has not sent funds yet and Altman's departure will impact their course of action.
- Thrive wants the board to re-engage Altman and Greg Brockman, OpenAI's president who also departed.
- Three senior researchers at OpenAI have also left following Altman's removal.
- Altman is willing to return to the company if the current board steps down by the end of the weekend.
- Microsoft CEO Satya Nadella supports Altman's decision.
- Altman is reportedly developing a new AI venture, possibly with Brockman.
The article presents a negative sentiment towards OpenAI's board of directors for terminating CEO Sam Altman. There is also uncertainty surrounding the future actions of investors and the impact of Altman's departure on the company.