• AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    OpenAI investors are pushing to bring back Sam Altman as CEO one day after he was ousted by the board, according to people familiar with the matter says CNBC.

    Microsoft, Tiger Global and venture firm Thrive Capital are among several of OpenAI’s top backers that are part of an effort to reinstate Altman, said a source, who asked not to be named because discussions are confidential.

    OpenAI’s announcement late Friday that the company was firing Altman and replacing him on an interim basis with technology chief Mira Murati sent shockwaves across Silicon Valley.

    OpenAI has emerged as the hottest startup on the planet since launching its ChatGPT chatbot last year and spurring a rush of investment generative artificial intelligence market.

    Microsoft, which has invested billions of dollars in OpenAI and has a close technology partnership with the company, was surprised by the announcement.

    In addition to ousting Altman, the company removed Brockman, the chairman, from his board leadership position but said he would remain as president.


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