New board announces ‘agreement in principle’ for return of former CEO after campaign by staff and investors to have him brought back
Sam Altman is set to make a return as chief executive of OpenAI after the ChatGPT developer said it had “reached an agreement in principle” for his reinstatement.
The San Francisco-based company made the announcement after days of corporate drama in the wake of Altman’s surprise sacking on Friday. Nearly all of OpenAI’s 750-strong workforce had threatened to quit unless the board overseeing the business brought back Altman and then quit immediately afterwards.
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