Altman, who was fired from his CEO position at OpenAI due to allegations of "less-than-candid communications," returned to work but did not reclaim his previous board position. The three initial directors of the new board are expected to be Chair Bret Taylor, former Treasury Secretary Larry Summers, and Quora CEO Adam D'Angelo. Altman's firing led to over 500 employees signing a letter threatening to quit if Altman was not brought back, if new board members were not chosen, and if the current board members did not resign.
Key takeaways:
- OpenAI's new board of directors will reportedly not include some of its major investors such as Microsoft, Khosla, Ventures, Sequoia Capital, and Thrive Capital.
- Sam Altman has returned to OpenAI but did not reclaim his previous board position as part of a compromise agreement.
- The three initial directors of the new board are expected to be Chair Bret Taylor, former Treasury Secretary Larry Summers, and Quora CEO Adam D'Angelo.
- Altman was initially fired from OpenAI due to allegations of "less-than-candid communications," and his dismissal led to over 500 employees signing a letter threatening to quit unless he was reinstated, new board members were chosen, and current board members resigned.