Silicon Valley is abuzz with speculation as Sam Altman, former CEO of ChatGPT developer OpenAI, is reportedly in discussions for an unexpected return to the helm. Altman’s abrupt dismissal, attributed to a perceived lack of transparency, has triggered a wave of support from investors, with Microsoft among those pushing for his reinstatement.
Altman’s firing on Friday sent shockwaves through the tech community, prompting the OpenAI board to cite a failure in communication as the reason for his dismissal. However, reports suggest that investors, including Microsoft, are advocating for Altman’s swift return to the company’s leadership.
Sources indicate that Altman, previously engaged in a new venture before his dismissal, is currently in negotiations with OpenAI executives at the company’s San Francisco headquarters. The interim CEO, Mira Murati, reportedly informed staff of Altman’s expected presence at the headquarters, with discussions facilitated by Microsoft’s CEO, Satya Nadella.
Tech investor and Altman mentor, Paul Graham, expressed confidence in Altman’s ability to navigate the situation. The Verge reported that Altman, alongside Apple’s former design chief Jony Ive, is exploring the creation of a new AI hardware device. Additionally, SoftBank CEO Masayoshi Son is said to be involved in these discussions.
According to the Wall Street Journal, Altman is considering a return but conditions it on a new board and governance structure. Shareholders have been informed that Altman is deliberating between this option and the prospect of launching a new company with former OpenAI colleagues.
Microsoft, OpenAI’s largest investor, is reportedly supportive of Altman’s reinstatement, as is Thrive Capital, the second-largest investor. Khosla Ventures, an early supporter of OpenAI, expressed a desire for Altman’s return to the company and indicated support for his future endeavors.
Chief Operating Officer Brad Lightcap clarified that Altman’s dismissal was due to a “breakdown of communications” rather than any misconduct, as stated in an internal company memo. The Information reported OpenAI’s optimism about bringing back Altman and other key figures who departed post his exit.
