Sam Altman Reaches Agreement to Return to OpenAI

Days after he was fired as CEO by OpenAI's board, Sam Altman is set to return to the company. OpenAI released a statement late Tuesday saying it had "reached an agreement in principle for Sam Altman to return to OpenAI as CEO." The proposed agreement includes replacing all the directors that fired Altman bar one, Quora CEO Adam D'Angelo. He would be joined on the new board by Bret Taylor, formerly CEO of Salesforce and Larry Summers, formerly US Secretary of the Treasury. OpenAI was in "intense" negotiations earlier on Tuesday with Altman and the board of directors that ousted him last Friday, in an effort to rescue the embattled company. The talks were acknowledged in a memo sent to staff Monday by OpenAI's vice president of global affairs, Anna Makanju, saying that the talks included Altman, the board, and the new interim CEO, Emmett Shear.