OpenAI in ‘intense discussions’ to prevent staff exodus if Sam Altman isn’t reinstated as CEO

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Summary

OpenAI is holding intense internal discussions to prevent a mass staff exodus after the board ousted CEO Sam Altman. More than 700 employees threatened to quit unless the board reinstated Altman, and the board named former Twitch CEO Emmett Shear as interim CEO. Altman accepted a role at Microsoft, which said it remains committed to its $10 billion partnership with OpenAI and signaled openness to hiring displaced OpenAI staff. Company leaders and Microsoft executives are emphasizing governance changes as they work through the leadership upheaval.

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Microsoft
$1B+
OpenAI
$25M to $50M