Chair

Wednesday

Bitcoin ETF

<img width="1558" height="1096" src="https://coingape.com/wp-content/uploads/2023/11/openai_sam_altman_screenshot_video.jpg" class="attachment-full size-full wp-post-image" alt="Sam Altman" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2023/11/openai_sam_altman_screenshot_video.jpg 1558w, https://coingape.com/wp-content/uploads/2023/11/openai_sam_altman_screenshot_video-300x211.jpg 300w, https://coingape.com/wp-content/uploads/2023/11/openai_sam_altman_screenshot_video-1224x861.jpg 1224w, https://coingape.com/wp-content/uploads/2023/11/openai_sam_altman_screenshot_video-768x540.jpg 768w, https://coingape.com/wp-content/uploads/2023/11/openai_sam_altman_screenshot_video-1536x1081.jpg 1536w, https://coingape.com/wp-content/uploads/2023/11/openai_sam_altman_screenshot_video-150x106.jpg 150w" sizes="(max-width: 1558px) 100vw, 1558px">
In what could officially put an end to the uncertainty around Sam Altman’s future at OpenAI, the company on Wednesday said it all set for Altman’s return as chief executive officer. In addition, the company reportedly said it has finalized arrangements to give its partner and investor Microsoft a non-voting seat on its board. 
Also Read: <a rel="nofollow" href="http://coingape.com/coinbase-ceo-lauds-canadian-crypto-regulatory-framework" target="_blank">Coinbase CEO Lauds Canadian Crypto Regulatory Framework</a> 
<h2 id="openai-has-new-initial-board">OpenAI Has New Initial Board</h2> 
This comes after drama unfolded on November 17, 2023, when OpenAI fired <a href="https://coingape.com/education/openai-ceo-sam-altman/" target="_blank" rel="noopener">Sam Altman</a> from the company. This move has escalated an ugly internal conflict for the company, with employees threatening to quit over Altman’s exit. Following this, the company’s board announced it would bring back Altman as CEO. In a statement, the company <a rel="nofollow" href="https://openai.com/blog/sam-altman-returns-as-ceo-openai-has-a-new-initial-board" target="_blank">announced</a> that Mira Murati will return to the role of CTO while the new initial board will have Bret Taylor as Chair besides Larry Summers, and Adam D’Angelo. 
The board emphasized on its plans to further stabilize the OpenAI organization, and enhance the company’s governance structure. 
<h2 id="sam-altman-has-a-message-on-return-as-ceo">Sam Altman Has A Message On Return As CEO</h2> 
Altman said he was looking forward to continue the task of building beneficial artificial general intelligence (AGI). In his blog post, Altman reiterated on OpenAI’s terms with Microsoft, adding that the tech giant will be part of the board as non-voting observer. “We clearly made the right choice to partner with Microsoft and I’m excited that our new board will include them as a non-voting observer.” 
Meanwhile, the <a href="https://coingape.com/price/worldcoin/" target="_blank" rel="noopener">Worldcoin Price (WLD)</a> showed signs of recovery following the news of OpenAI officially reinstating Sam Altman as its CEO. After OpenAI’s board fired Altman from the CEO role, the WLD Coin followed a negative trajectory, only to recover losses with the board’s decision to bring back Altman. 
Also Read: <a href="https://coingape.com/blackrock-makes-compelling-case-for-bitcoin-etf-in-latest-sec-meetup" target="_blank" rel="noopener">BlackRock Makes Compelling Case for Bitcoin ETF in Latest SEC Meetup</a> 
The post <a rel="nofollow" href="https://coingape.com/openai-officially-marks-return-of-sam-altman-as-ceo/">Breaking: OpenAI Officially Marks Return Of Sam Altman As CEO</a> appeared first on <a rel="nofollow" href="https://coingape.com">CoinGape</a>.

Breaking: OpenAI Officially Marks Return Of Sam Altman As CEO

Table of Contents

Coingape News Media

Другие статьи, опубликованные 30 нояб. 2023 г.

South Korea’s Bithumb exchange introduces BIGTIME and STMX cryptocurrencies

Can Bitcoin Cash (BCH) Price Recover and Reach a New Yearly High?

DAstra Network: How To Make Your Token Valuable?

XRP Case Between Ripple and SEC Could Be Settled Today

Solana Price Prediction as SOL Becomes 5th Most-Traded Crypto in the World – Adoption Rising?

Today in Crypto: $343,038,810 was Lost to Hacks and Fraud in November, a 15x Increase from October

Join our free newsletter for daily crypto updates!