The board of directors of OpenAI abruptly removed former CEO Sam Altman from his position during a Google Meet last week, causing quite a stir. Following his dismissal, investors and employees lobbied for his reinstatement. Approximately 500 employees had threatened to resign if Altman was not reinstated. Altman had hinted at a return but had attached a condition to it.
In fact, he had set a deadline for his reinstatement and stated that he wanted the current board of directors of the company, which had fired him earlier, to be removed by then. However, the OpenAI Board of Directors named Emmett Shear as the company’s new CEO. Taking advantage of the opportunity, Microsoft hired Altman to lead its newly formed in-house AI unit.
Despite the fact that Microsoft is one of OpenAI’s primary investors, Altman will now lead this AI team and help advance the technology.
Along with Altman, Microsoft has asked Greg Brockman, former president of OpenAI, who resigned following Altman’s dismissal, to join its AI unit and contribute to the research team there.
It is worth noting that Microsoft has already invested over $11 billion in OpenAI, but has chosen to launch its own in-house unit to advance the technology.