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Investors Urge OpenAI to Reinstate Sam Altman as CEO Following His Ouster

Investors Urge OpenAI to Reinstate Sam Altman as CEO Following His Ouster

CointimeCointime2023/11/19 07:27
By:Cointime

Investors, including Microsoft Corp., Thrive Capital, and Tiger Global Management, are reportedly urging OpenAI to reinstate Sam Altman as CEO following his unexpected dismissal by the board. The influential investors, holding a more than $10 billion stake, are collaborating to bring back Altman to his role. There is also a push for a board overhaul, with discussions on potential replacements. The OpenAI board’s abrupt decision to remove Altman has sparked widespread criticism, surprising both investors and Altman himself. Altman is open to returning to OpenAI under the condition of making some changes to the company’s governance.

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