OpenAI Investors Push to Reinstate Ousted CEO Altman, US

Investors in OpenAI are reportedly pushing for the reinstatement of ousted CEO Sam Altman, according to sources familiar with the matter. OpenAI’s top backers, including Microsoft, Tiger Global, and venture firm Thrive Capital, are said to be part of an effort to bring Altman back as CEO. Other investors, such as Sequoia Capital, have also expressed support for Altman and former OpenAI president Greg Brockman in their future endeavors, whether that involves returning to OpenAI or starting a new startup. Altman, who was recently fired and replaced on an interim basis, is reportedly undecided about returning and would demand governance changes. OpenAI’s announcement of Altman’s departure and the removal of Brockman from his board leadership position sent shockwaves across Silicon Valley. The company has experienced significant success since launching its ChatGPT chatbot and attracting substantial investment in the artificial intelligence market. Microsoft, in particular, was taken by surprise by the announcement. While discussions continue, Altman’s potential return and any associated changes to OpenAI’s governance structure could have far-reaching consequences for the company’s future.