- OpenAI's board engages in talks with co-founder Sam Altman for his potential return as CEO.
- Investors push for Altman's return, discussing scenarios, including a transitional board and Bret Taylor's involvement.
- Altman's return is contingent on significant changes, reflecting employee discontent and raising questions about OpenAI's future.
Amidst the upheaval at OpenAI, the board of directors is reportedly engaged in talks with co-founder Sam Altman to return as CEO, potentially resolving the ongoing management crisis.
Investors, including Thrive Capital and Khosla Ventures, are actively pushing for Altman's return, hoping to bring stability to the company before Thanksgiving and address employee concerns.
Potential scenarios: Transitional board and investor influence
Discussions involve various scenarios, including Altman returning as a director on a transitional board or former Salesforce Inc. co-CEO Bret Taylor serving as a director. Investors, such as Tiger Global Management and Sequoia Capital, play a significant role in advocating for Altman's comeback.
Altman's demands: Managerial and governance changes
Altman's potential return hinges on demands for "significant" managerial and governance changes at OpenAI, aligning with the interests of major backers, including Microsoft. This development follows Altman's acceptance of Microsoft's offer to lead a new AI research lab, highlighting the complexity and rapid shifts in OpenAI's leadership dynamics.
Employee revolt and management's attempts at reconciliation
OpenAI's rank-and-file, including prominent figures like Ilya Sutskever, have expressed discontent, with over 700 employees signing a letter calling for the board's resignation and Altman's reinstatement. Interim CEO Emmett Shear, left in the dark, has sought to unify the company.
The internal turmoil prompts a deeper investigation into Altman's dismissal and raises questions about the future trajectory of OpenAI.
Edited by Shruti Thapa