November 22, 2023
1 min read

Altman Resumes Leadership at OpenAI

OpenAI said that it has reached an agreement in principle for Altman to return to OpenAI as CEO …reports Asian Lite News

In what looks like the final twist in the OpenAI saga, Sam Altman on Wednesday said he is returning to the ChatGPT developing company with a new board and Microsoft CEO Satya Nadella’s support.

In a post on X, Altman said he loves OpenAI and everything he has done over the past few days has been in service of keeping this team and its mission together.

“When I decided to join Microsoft on Sunday evening, it was clear that was the best path for me and the team,” he posted.

“With the new board and with Nadella’s support, I’m looking forward to returning to OpenAI, and building on our strong partnership with Microsoft,” he mentioned.

OpenAI said that it has reached an agreement in principle for Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo.

Nadella said they are encouraged by the changes to the OpenAI board.

“We believe this is a first essential step on a path to more stable, well-informed, and effective governance. Sam, Greg, and I have talked and agreed they have a key role to play along with the OAI leadership team in ensuring OAI continues to thrive and build on its mission,” Nadella posted on X.

“We look forward to building on our strong partnership and delivering the value of this next generation of AI to our customers and partners,” he added.

Nadella had announced that Altman and OpenAI co-founder and former president Greg Brockman will join the company to run its advanced AI research team.

ALSO READ: Nadella Welcomes Altman and Brockman to Microsoft

Previous Story

Foreign workers will need salary of over £30k to enter UK

Next Story

US Foils Plot to Assassinate Sikh Separatist, Warns India

Latest from Business

Nothing’s CMF Goes Indian with $100M JV

Company has announced a $100 million joint venture with Indian electronics manufacturer Optiemus Infracom Limited….reports Asian Lite News Smartphone maker Nothing has spun off its budget sub-brand CMF into an independent subsidiary,

Airbnb Boosts India Economy

Among international guests, the largest inbound sources were the United States, United Kingdom, Canada, and Australia Hospitality giant Airbnb made a significant impact on India’s economy in 2024, contributing Rs 113 billion

Rupee, Markets Gain Amid Trade Optimism

Emerging market currencies, including the rupee, have gained support amid softening in the dollar. Reports suggesting that the US economy is on the verge of a recession have contributed to the greenback’s

Deadline Nears, India–EU Talks Heat Up

The success or failure of this round will shape how the two sides proceed, especially on difficult issues that have long blocked progress….reports Asian Lite News India and the European Union on

Gold Shines Bright Amid Global Jitters

Gold and silver continued their bullish run on Monday, scaling new highs amid mounting global uncertainties, heightened geopolitical tensions, and growing expectations of a US Federal Reserve rate cut. According to the
Go toTop

Don't Miss

New AI tech to pick donor organs for transplant

The OrQA assessment will majorly look for damage, pre-existing conditions

ChatGPT is politically biased, finds study

These multiple responses were then put through a 1000-repetition ‘bootstrap’