OpenAI Investors Rally to Reinstate Ousted CEO Altman


Top investors at OpenAI are working to bring back Sam Altman as CEO, just one day after he was ousted by the board, in the midst of a major leadership shakeup.

Investor Push to Reinstate Altman

Several top investors, including Microsoft, Tiger Global, and Thrive Capital, are leading an effort to reinstate Sam Altman as CEO at OpenAI, following his recent ousting by the board.

Sequoia Capital Support

Sequoia Capital has reportedly shown support for Altman and former OpenAI president Greg Brockman, indicating that they would back their return to OpenAI or support them in creating a new startup.

Altman’s Response and Impact

Reports suggest that Sam Altman is considering a return but may demand governance changes. The unexpected leadership shakeup, involving the removal of Altman and chairman Greg Brockman, has caused shockwaves in Silicon Valley and raised concerns about the company’s future direction.

Microsoft’s Reaction

Microsoft, a major investor in OpenAI, was surprised by the sudden announcement and subsequent leadership changes. The company has invested heavily in OpenAI and has a significant technology partnership with the organization.