November 20, 2023 | by Egpin

Views: 8
Read Time:1 Minute, 11 Second

It’s the endgame for Sam Altman’s potential return to OpenAI.

Sam Altman is back in the building at OpenAI for the final stretch of negotiations for his potential return as CEO after being unceremoniously fired by the four-member board on Friday. A source close to Altman says he has once again set a 5PM PT deadline to resolve the situation, as he did yesterday — that big show of heart emoji support last night was meant to demonstrate how many people would leave for a new company with him.

One big condition of Altman’s return is that the existing board (who fired him!) has to step down. The existing board has to make some hard decisions about who will replace them, which appears to be the sticking point. Microsoft’s Satya Nadella is reportedly mediating the discussion between Altman, former OpenAI president Greg Brockman, and the four current board members as they attempt to select a new board. We’re also told Microsoft would very much like to wrap this up before the stock market opens tomorrow morning. (Microsoft declined to comment; OpenAI’s communications team isn’t returning calls.)

Today’s 5PM deadline is meant to be a hard deadline, per the source close to Altman. If a deal isn’t reached, things will take “a different path,” we’re told, and extend through tomorrow and perhaps much longer.

Updates to come!


View all

view all