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OpenAI Investors Press Company's Board To Bring Back Sam Altman As CEO

OpenAI Investors Press Company's Board To Bring Back Sam Altman As CEO

NDTV
Sunday, November 19, 2023 02:25:03 AM UTC

Some of the investors including Thrive Capital are in talks with Microsoft, the largest shareholder of OpenAI, about reinstating Sam Altman as CEO.

OpenAI investors are pressing the company's board to reverse its decision to fire Sam Altman as chief executive officer and remove him as a director, according to people with knowledge of the matter. 

Some of the investors including Thrive Capital are in talks with Microsoft Corp., the largest shareholder of OpenAI, about reinstating Altman as CEO, said the people, who asked not to be identified because the overtures are private. Tiger Global Management is also part of the campaign, according to one person.

Thrive, which was expected to lead a tender offer for employee shares, has not yet wired the money and has made it clear to OpenAI that Atlman's departure will affect its actions.

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