OpenAI's Reversal: Sam Altman Returns as CEO Amidst Employee Revolt and Board Feuding

Sam Altman is returning as CEO of OpenAI less than a week after being fired by the board. The decision follows pressure from employees and investors, with former Salesforce co-CEO Bret Taylor and former Treasury Secretary Larry Summers joining the board. Altman's reinstatement comes after hundreds of employees signed a letter threatening to leave and work with him at Microsoft if the board didn't resign and bring him back. Microsoft CEO Satya Nadella expressed support for Altman's return and highlighted the importance of the partnership between OpenAI and Microsoft. The rapid reversal of Altman's firing was facilitated by a group of prominent investors, including Microsoft, working to reverse the board's decision. Altman had been leading OpenAI since 2019 and was instrumental in the company's success, particularly with the release of its ChatGPT chatbot.