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Altman to return as OpenAI CEO with Taylor, Summers on new board

Bloomberg
Bloomberg • 6 min read
Altman to return as OpenAI CEO with Taylor, Summers on new board
Altman, fired from OpenAI last Friday, is the face of AI / Photo: Bloomberg
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OpenAI will bring back Sam Altman and overhaul its board to bring on new directors including Larry Summers, a stunning reversal in a drama that’s transfixed Silicon Valley and the global AI industry.

Altman is returning as chief executive officer and the initial board will be chaired by Bret Taylor, a former co-CEO of Salesforce.com Inc and director at Twitter before it was acquired by Elon Musk. Other directors include Summers, the former US Treasury Secretary under President Barack Obama, and existing member Adam D’Angelo, the co-founder and CEO of Quora Inc. OpenAI is now working “to figure out the details,” the company said in a post on X, formerly Twitter.

OpenAI decided to reinstate its co-founder after nearly all of its employees threatened to quit over his surprise ouster. The post triggered swift congratulations on X from key players in the saga including former president Greg Brockman — who said he too is returning to the fold — and CTO Mira Murati. 

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