OpenAI: Sam Altman’s dismissal from OpenAI attracted a great level of dissatisfaction from investors and employees of the company. However, the latest development in the series is that OpenAI has reached to an agreement with Sam Altman to return to the AI Firm with a new initial board led by Bret Taylor. Other members of the new OpenAI board will include Larry Summers and Adam D’Angelo. Check out more details below.
Investors Called for Legal Action
OpneAI investors earlier warned OpenAI to take legal action against the board members for not clarifying the appropriate reasons for Altman’s dismissal and for taking a decision in a completely unjustified manner without any diligence towards stakeholders of the company.
700 of 770 Employees Threatened to Resign
700 of 770 employees of OpenAI threatened the organisation to resign and quit the organization if Altman didn’t return. OpenAI was forced to consider the return of Sam Altman as the mass resignation indicated a huge threat to the company’s stability.
Satya Nadella Led a Campaign for Altman’s Return
Satya Nadella, CEO of Microsoft led a campaign for Altman’s reinstatement to OpenAI. Nadella took advantage of his strong hold in the tech industry and he used his position to convince other OpenAI’s investors to support Sam Altman’s return. If we say it in a nutshell, Satya Nadella played a key role in Sam Altman’s return to OpenAI.
Altman Returns Back to OpenAI
Major Reasons for Altman’s Return to OpenAI
Great Support from the AI Industry
Many of the renowned personalities of the AI community came out in support of Altman’s return to OpenAI. All of them argued that he was the most suitable person to lead OpenAI.
OpenAI’s Future Concerns
As we mentioned above, Sam Altman’s dismissal from the OpenAI generated a great deal of dissatisfaction among the employees. 700 of 770 employees of the OpenAI wrote a protest letter to the board members warning them to mass resign if Altman didn’t return.
Investors Making Pressure
The biggest investor of OpenAI was unhappy with the board’s decision to terminate Sam Altman without giving any appropriate reasons. Investors of the company also warned the board members to take legal action against them.
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