OpenAI's new CEO, Emmett Shear, who was appointed yesterday, is in talks to resign

11/21/2023

OpenAI's new CEO, Emmett Shear, who was appointed yesterday, is in talks to resign.

Sam Altman, members of the OpenAI board, and the company’s interim CEO are currently engaged in negotiations, exploring the potential reinstatement of the ousted co-founder and CEO at the AI startup.

The discussions involve Altman, CEO Emmett Shear, and board member Adam D’Angelo, along with some of OpenAI’s investors who are advocating for Altman’s return. The talks signify a notable development, as the board had previously been reluctant to communicate with the ousted executive.

If Altman were to return, it would likely be in the capacity of CEO, with potential roles for him and former Salesforce co-CEO Bret Taylor on a new board. Shareholders, including Thrive Capital, Khosla Ventures, Tiger Global Management, and Sequoia Capital, are pushing for Altman's reinstatement. A

midst the turmoil, efforts are being made to resolve leadership issues before Thanksgiving to provide clarity to employees.

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