Sam Altman returns to OpenAI's CEO

Sam Altman will be return to a former position as the CEO of OpenAI following a tumultuous boardroom coup that had thrown the company into confusion over the past few days. Former president Greg Brockman, who had resigned in protest of Altman's termination, will also make a comeback.

The company announced on Tuesday night that an "agreement in principle" has been reached for Altman's return, alongside the inclusion of a new board consisting of Bret Taylor, Larry Summers, and Adam D'Angelo. Notably, D'Angelo, a member of the previous board responsible for firing Altman, will remain on the new board to provide some representation to the previous board's perspective, as per our sources. 

According to sources familiar with the negotiations, the primary task of the small initial board is to review and select a larger board consisting of up to nine members, which will redefine the governance of OpenAI. Microsoft, who has pledged substantial investments in the company, desires representation on the expanded board, along with Altman himself. During a recent press tour, CEO Satya Nadella expressed the company's desire to avoid further unexpected incidents.

Both parties have reportedly agreed to conduct an investigation into the entire situation, which will likely be carried out by an external and impartial law firm. Based on our discussions with individuals involved, it appears that the ongoing power struggle at the core of this matter has not yet reached a conclusive resolution. 

According to reliable sources, all parties involved in the deal have publicly confirmed Altman's return, with only some minor administrative work remaining. Altman himself, on X (previously known as Twitter), expressed that his recent actions were aimed at keeping the team and its mission intact.

Thrive Capital, another prominent investor in OpenAI, hailed Altman's comeback as the optimal result for the company, its workforce, technology developers, and the global community. 

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