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OpenAI investors are working to bring back Sam Altman

OpenAI investors are working to bring back Sam Altman

(NEW YORK) – Several investors in startup OpenAi, which launched generative AI platform ChatGPT a year ago, are working to bring back Chairman Sam Altman, who was fired by its board on Friday, multiple U.S. media outlets reported Sunday.

Referring to several unspecified sources,… Wall Street Journal The company’s major funders, primarily Microsoft and venture capital firm Thrive Capital, are “making efforts to bring back Sam Altman,” she wrote on her site.

Microsoft and Thrive are two of OpenAi’s biggest backers, but “other investors in the company are supportive of their efforts.”

the The New York Times Reports items of the same content.

OpenAi created a surprise by announcing the dismissal of the Silicon Valley star with immediate effect after “a deliberative review process by the Board of Directors, which concluded that he was not always forthright in his communications with the Board, which hindered his ability to fulfill his responsibilities.” ”

She added that this body no longer has “confidence in its ability to lead OpenAI.”

“We are grateful for Sam’s many contributions to the creation and growth of OpenAI. At the same time, we believe new governance is necessary moving forward,” the board said in a statement on Friday.

Since then, several directors of the company that was founded in late 2015 have announced their resignations, in particular Chairman Greg Brockman – one of the company’s founders -.

However, Microsoft recently confirmed that he will leave his position on the board, but will remain a member of the staff.

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Sequoia Investment Company “supports”, mm. Altman and Brockman “in whatever they decide to do next, whether it’s returning to OpenAi or creating a new startup,” CNBC specifies, after speaking to someone close to the matter.

According to WSJ sources, Sam Altman, 38, “is considering a return, but has told investors that if he returns, he wants a new board and management structure.”

The business daily adds that he is also discussing setting up a new company to which he will bring in former OpenAI employees, including many of those who resigned after his dismissal.

The newspaper notes that “he must decide between the two options early this weekend.”

Since the first version of ChatGPT went online on November 30, 2022, millions of people have used it to write messages, request a recipe or invent a story to tell their children – which the chatbot can then read to them.