By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Sam Altman is returning to OpenAI’s board after review into firing
News

Sam Altman is returning to OpenAI’s board after review into firing

News Room
Last updated: 2024/03/08 at 6:27 PM
By News Room
Share
2 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Sam Altman will return to the board of OpenAI after a review into the events that lead to his dramatic ousting from the ChatGPT maker found no evidence that he should have been sacked.

Altman was fired as chief executive and removed from the board of the artificial intelligence company he co-founded in November. The remaining board members reversed course days later, reinstating him as chief executive and stepping down instead.

A review into the boardroom chaos concluded there had been a significant breakdown of trust between the previous board and Altman, but found no evidence that the chief executive had misled investors or pushed product releases at an unsafe pace.

“This was simply a breakdown in trust between the board and Mr Altman,” said former Salesforce boss Bret Taylor, who was appointed as an OpenAI director after the previous board was disbanded.

Following the boardroom coup, Taylor commissioned law firm WilmerHale to conduct an independent investigation into Altman’s behaviour and the decision to remove him.

Following the conclusion of that review on Friday, Taylor’s special committee “expressed its full confidence in Mr Altman and Mr (Greg) Brockman’s ongoing leadership of OpenAI.”

OpenAI announced three more new board members on Friday: Sue Desmond-Hellmann, former head of the Bill & Melinda Gates Foundation; Nicole Seligman, former president of Sony Entertainment, and Fidji Simo, chief executive of Instacart. Former US Treasury secretary Larry Summers was appointed to the board late last year.

Read the full article here

News Room March 8, 2024 March 8, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Bitcoin falls, Trump says he knows who the next Fed chair will be, Cyber Monday expectations

Watch full video on YouTube

Why Europe Is So Important To A Warner Bros. Discovery Deal

Watch full video on YouTube

Trump’s border tsar announces withdrawal of 700 federal agents from Minneapolis

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Bitcoin falls below $86K, Gold and silver rise on Fed rate cut optimism, Fed rate hopes and markets

Watch full video on YouTube

Why Lowe’s Is Betting On New Generations Of Shoppers

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

Trump’s border tsar announces withdrawal of 700 federal agents from Minneapolis

By News Room
News

Gold slides as rally loses steam

By News Room
News

Golden Buying Opportunities: Deeply Undervalued With Potential Upside Catalysts

By News Room
News

NewtekOne, Inc. (NEWT) Q4 2025 Earnings Call Transcript

By News Room
News

Tesla lurches into the Musk robotics era

By News Room
News

Keir Starmer meets Xi Jinping in bid to revive strained UK-China ties

By News Room
News

Canadian Pacific Kansas City Limited (CP:CA) Q4 2025 Earnings Call Transcript

By News Room
News

SpaceX weighs June IPO timed to planetary alignment and Elon Musk’s birthday

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?