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OpenAI investors push for Sam Altman’s return as CEO: Report


The board of directors at OpenAI is reportedly receiving criticism from investors over the decision to terminate its CEO, Sam Altman.

According to a Nov. 19 Bloomberg report citing people familiar with the matter, several investors in OpenAI — the artificial intelligence (AI) company behind ChatGPT — are reportedly in contact with its largest shareholder, Microsoft, in an effort to reinstate Altman as CEO.

On Nov. 17, OpenAI announced the removal of Altman as CEO, with its chief technology officer Mira Murati stepping into the position. 

In a blog post, the board claimed that Altman’s communication lacked clarity and honesty, making it challenging to obtain a comprehensive understanding of the operations.

Thrive Capital, anticipated to spearhead a tender offer for employee shares, has reportedly not sent the funds yet, and Altman’s departure is poised to impact its course of action.

Reportedly, Thrive wants the board to reengage both Altman and Greg Brockman, its president, who departed on Friday shortly after Altman was removed from the company.

Brockman announced his departure after it was revealed that Altman had been dropped by the board.

“Based on today’s news, I quit,” Brockman declared in a post on X (formerly Twitter).

Following the news, three OpenAI senior researchers, Jakub Pachocki, director of research; Aleksander Madry, head of preparedness; and Szymon Sidor, senior researcher, departed.

Related: OpenAI halts new ChatGPT Plus sign-ups amid high demand

Meanwhile, reports indicate that Altman is willing to return to the company, contingent upon the current board stepping down by the end of the weekend.

Furthermore, Microsoft CEO Satya Nadella reportedly expressed his support for any decision Altman makes, given that the board’s decision was also a surprise to him.

However, since Altman’s dismissal on Friday, recent reports state that he is developing a new AI venture, as per familiar sources. Furthermore, reports indicated that Brockman would be joining Altman in this venture.

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