The co-founder of a top artificial intelligence company in the United States is making a comeback to the company that fired him as CEO the previous week. This is the latest development in a drama that has been going on for the past week regarding the company’s leadership. An announcement was made late on Tuesday night on the social networking platform X by OpenAI, the company that owns the popular chatbot ChatGPT. The announcement stated that the company had reached “an agreement in principle” to reinstate Sam Altman as CEO of the company.

In addition to this, it stated that it had reached a consensus on a “new initial board,” comprised of individuals such as Bret Taylor, a former co-CEO of Salesforce, Larry Summers, a former Secretary of the Treasury of the United States, and Adam D’Angelo, the CEO of Quora. I am “looking forward to returning to OpenAI and building on our strong partnership with (Microsoft)” Altman wrote on X. He expressed his excitement about the opportunity.
Only a few explanations were given by the board of directors of OpenAI for their decision to fire Altman last week. A tempest quickly broke out within the organization. In an act of solidarity with Altman, hundreds of employees raised the possibility of quitting their jobs, and investors exerted pressure on the corporation to bring back the calm.

Microsoft, which has made billions of dollars in investments in OpenAI and the rights to its technology, recently announced that it would recruit Atlman to lead a new artificial intelligence research team. Microsoft also extended an invitation to any OpenAI employees who were considering leaving the company to join him. On the other hand, Altman stated that he had the backing of Satya Nadella, the CEO of Microsoft, to return to OpenAI as the company’s CEO according to a new leadership structure.