Investors Urge OpenAI to Reinstate Sam Altman as CEO Following His Ouster
Investors, including Microsoft Corp., Thrive Capital, and Tiger Global Management, are reportedly urging OpenAI to reinstate Sam Altman as CEO following his unexpected dismissal by the board. The influential investors, holding a more than $10 billion stake, are collaborating to bring back Altman to his role. There is also a push for a board overhaul, with discussions on potential replacements. The OpenAI board’s abrupt decision to remove Altman has sparked widespread criticism, surprising both investors and Altman himself. Altman is open to returning to OpenAI under the condition of making some changes to the company’s governance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Traders still riding on ‘hot altcoins’ despite Bitcoin pullback: Santiment
Pump.fun suspends livestream feature amid backlash
pump.fun’s anonymous founder said they would work to protect users from seeing “repulsive/dangerous content”
Spot bitcoin ETFs end positive streak with $438 million outflows; BTC dips to $94,500
U.S. spot bitcoin ETFs reported a total daily outflow of $438 million on Monday.Monday’s net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs.Meanwhile, bitcoin has retraced some of its gains over the past few days, now trading at around $94,500.
MicroStrategy Buys Additional 55,500 Bitcoins for $5.4 Billion
Trending news
MoreCrypto prices
More
