OpenAI top investors push to restore Altman as CEO

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Microsoft and other investors also pressing for the replacement of the current board

Bloomberg News

Emily Chang, Ashlee Vance, Ed Ludlow and Dina Bass

Published Nov 19, 2023 • 3 minute read

ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board of directors. Photo by AP Photo/Eric Risberg

OpenAI’s biggest investors are pressing the company to reinstate Sam Altman as chief executive after the board’s stunning decision to fire him on Friday, according to people with knowledge of the matter.

Microsoft Corp., the startup’s biggest backer with a more than US$10 billion stake, is working with investors including Thrive Capital and Tiger Global Management to bring back Altman, said the people, who asked to remain anonymous discussing private information.

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Bloomberg News

2023-11-19 06:52:48

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