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OpenAI board comes under pressure from investors to reinstate Sam Altman as CEO

2023-11-19 00:37
OpenAI investors are putting pressure on the companys board of directors to reverse its decision to oust former CEO Sam Altman and remove him as a director, according to people familiar with the matter. Some investors are actively seeking help from Microsoft, OpenAIs largest shareholder. In addition, Microsoft CEO Satya Nadella has been in contact with Altman and promised to support him no matter what next steps he takes, people familiar with the matter revealed. Altman is open to returning to the company. One scenario currently being considered is that current OpenAI board members would resign. (Bloomberg)