OpenAI co-founder Sam Altman will return as CEO just days after he was fired by the board, the firm has said.

The agreement "in principle" involves a new board being installed, the tech company added.

It comes after Mr Altman was sacked on Friday triggering an open letter from staff who threatened to resign unless he was reinstated.

"I am looking forward to returning to OpenAI," Mr Altman said in a post on social media.

He added: "I love OpenAI, and everything I've done over the past few days has been in service of keeping this team and its mission together.

"I'm looking forward to returning to OpenAI, and building on our strong partnership with Microsoft."

In addition to Mr Altman's return, OpenAI agreed in principle to partly reconstitute the board of directors that had dismissed him.

The initial board will constitute former Salesforce co-CEO Bret Taylor, former US treasury secretary Larry Summers, and Quora CEO and current director Adam D'Angelo, OpenAI said.

Source: BBC

BDST: 1309 HRS, NOV 22, 2023
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