Sam Altman to return as OpenAI CEO: This is the latest news. Finally, the high-voltage transition in the Generative AI industry seems to have come to an end after the announcement of Sam Altman again becoming the CEO of OpenAI. Sam Altman is returning to OpenAI as its chief executive, the high-profile AI startup said today (November 22, 2023, Wednesday).
The five days of intense discussions, debates, and convincing following will now be ended.
OpenAI, which is the most valuable U.S. startup, said it has reached an “agreement in principle” for Altman’s return. The startup is also reforming its board, eliminating several members who faced intense scrutiny for their decisions last week.
I love OpenAI, and everything I’ve done over the past few days has been in service of keeping this team and its mission together. When I decided to join Microsoft on Sunday evening, it was clear that was the best path for me and the team. With the new board and with Satya’s support, I’m looking forward to returning to OpenAI and building on our strong partnership with Microsoft,” Altman said in a statement posted on X.
Have a look at the OpenAI statement on X: which says ” We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo. We are collaborating to figure out the details. Thank you so much for your patience through this”
During No Time, Sam Altman also posted on X: “i love openai, and everything i’ve done over the past few days has been in service of keeping this team and its mission together. when i decided to join msft on sun evening, it was clear that was the best path for me and the team. with the new board and w satya’s support, i’m looking forward to returning to openai, and building on our strong partnership with msft.“
Why Sam Altman is Returning as CEO of OpenAI ChatGPT: The Possible Reason
OpenAI mass resignation: Over 90% of workers will resign.
The latest news on OpenAI ChatGPT mass resignation is in circulation. However, no official confirmation or announcement has been made by the officials. As per the latest update, Sam Altman’s resignation has created a ripple effect, and OpeanAI is on the verge of collapse.
According to the news, covered by international dailies, 770 OpenAI employees demanded the resignation of the board and said they may walk out if Altman is not brought back. Out of a total of 667 ChatGPT employees, 770 will be putting in their resignations. If this happens, the OpenAI ChatGPT will collapse, and the global AI industry will see a loss of $200 million. There is no official data available about ChatGPT’s revenue yet. However, many sources predict that the chatbot will generate $200 million in revenue by the end of 2023. It is further projected to generate $1 billion by 2024.
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