Sam Altman is reinstated as OpenAI CEO five days after being fired

Sam Altman is returning to OpenAI as CEO after his firing five days ago launched the company onto one of the wildest rollercoaster rides in tech history, the company announced in post on X. Former president Greg Brockman, who resigned on Friday in protest, will also return, The Verge's sources say. The original board has been disbanded and replaced by a new, temporary three-man board with Bret Taylor (chair), Larry Summers and original board member Adam D'Angelo. The agreement has been struck "in principal," and must still be approved by all parties. The only job of the initial board will be to vet and appoint a permanent board with up to 9 members that will resent OpenAI's governance.