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<ul>
 <li>Bret Taylor will serve as chair of the newly formed inaugural board.</li>
 <li>Microsoft is now talking to the OpenAI board about certain governance improvements.</li>
</ul>
Reversing its earlier decision to fire Sam Altman, <a href="https://thenewscrypto.com/ripple-cto-cryptically-tweets-amid-openai-drama/" target="_blank" rel="noopener noreferrer nofollow">OpenAI</a> rehired him two days after Microsoft appointed him to head a new squad focused on advanced artificial intelligence research. The news that Altman will be returning to OpenAI as CEO was revealed on November 22. In a formal tweet, the corporation announced its decision.
OpenAI has announced that <a href="https://twitter.com/search?q=sam+altman%27s&amp;ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Esearch" target="_blank" rel="noopener noreferrer nofollow">Sam Altman’s</a> return as CEO is in principle agreed upon. Bret Taylor will serve as chair of the newly formed inaugural board, which also includes Larry Summers and Adam D’Angelo, as reported in the preceding post.
The business and Altman are working together to determine the specifics, according to OpenAI. Replying to the onboarding announcement with a “heart” emoji was Sam Altman’s way of showing his enthusiasm to rejoin OpenAI.
<h3 class="wp-block-heading" id="h-microsoft-calls-for-governance-improvements">Microsoft Calls for Governance Improvements</h3>
Furthermore, upon deciding to step down from his new position at Microsoft, Altman publicly expressed his “love” for OpenAI. In order to ensure that OpenAI thrives and builds on its purpose, <a href="https://twitter.com/satyanadella?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" target="_blank" rel="noopener noreferrer nofollow">Nadella</a> backed Altman and President Greg Brockman’s choice to come back inside the organization.
Altman’s involvement in bringing the OpenAI team together was highlighted by his brief absence from the company. Reportedly, 505 out of 700 OpenAI workers signed a letter on November 20 claiming that the board’s decision to fire Altman harmed the company’s objective.
<a href="https://thenewscrypto.com/microsoft-grand-scheme-with-openai-masterminds-what-to-expect/" target="_blank" rel="noopener noreferrer nofollow">Microsoft</a> is now talking to the OpenAI board about certain governance improvements it wants to pursue after investing an astounding $13 billion in the company.
Raising the bar for board members’ expertise and expanding the board’s size are two possible outcomes of the proposed reforms. Recent events necessitated a reevaluation of current safeguards, including the fact that OpenAI’s merger discussions with Anthropic did not seek Microsoft’s consent.
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Sam Altman Returns as OpenAI CEO Ending Governance Chaos

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