Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Strait of Hormuz closed over ceasefire violations, says Iran

      Aerial view of ships navigating the strategic Strait of Hormuz, highlighting its importance to global maritime trade routes

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Platitudes in women’s sport are empty, patronising and offensive

      Business professionals in a conference room discussing strategy with a presentation screen displaying key market trends.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Fogo de Chao nominated for Best Casual Dining Toast award

      Fogo de Chão restaurant exterior with vibrant signage and bustling entrance at popular city location

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 22 November 2023 7:33 am  |  Updated:  Wednesday 22 November 2023 7:35 am

OpenAI announces shock return of Sam Altman as chief executive

By: CityAM Reporter

Add as a preferred source on Google
Sam Altman will return to OpenAI
Sam Altman will return to OpenAI

Sam Altman will return to OpenAI after an agreement in principle was reached, the company has announced.

Posting on X, formerly known as Twitter, OpenAI also announced a “new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo”.

Mr Altman also posted, saying “i love openai, and everything i’ve done over the past few days has been in service of keeping this team and its mission together.”

Last week the board of OpenAI, which created the ChatGPT artificial intelligence tool, said it had pushed Mr Altman out after a review found he was “not consistently candid in his communications” with the board.

The president and co-founder of the company said on X: “Amazing progress made today. We will come back stronger and more unified than ever.”

About 500 employees had signed a letter demanding the board resigned and reinstated Mr Altman, according to reports.

Cormac Pearson – Press Association

Read more

OpenAI listing plans hit as Altman scraps robotics spin-off idea

Sam Altman discussing OpenAIs ChatGPT advancements at a press conference, emphasizing AI innovation and future developments

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Tech

Related Topics

  • Artificial intelligence (AI) and robots

Trending Articles

  • As it happened: Stocks sink after Fed and Bank of England opt for hawkish hold; Oil price tumbles

  • FTSE 100 Live: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

  • City investors raise alarm on Burnham’s Chancellor pick

  • Inheritance tax enquiries surge to six-year high after HMRC clampdown

  • More Big Four blues as Deloitte plans to slash UK audit roles

More from CityAM

  • OpenAI listing plans hit as Altman scraps robotics spin-off idea

    Tech
    Sam Altman discussing OpenAIs ChatGPT advancements at a press conference, emphasizing AI innovation and future developments
  • ‘Delighted to be wrong’ – Sam Altman changes tune on AI job apocalypse fears

    Tech
    OpenAI chief executive Sam Altman emphasised the Stargate project’s significance.
  • OpenAI files to go public as the race between tech giants heats up 

    Investing
    Sam Altman discussing OpenAIs ChatGPT advancements at a press conference, emphasizing AI innovation and future developments
  • Adobe and LinkedIn target AI skills gap in marketing roles

    Tech
    Office for National Statistics
  • Anthropic files for IPO as race with OpenAI heats up

    Tech
    Anthropics AI technology showcased at a tech conference, highlighting innovative advancements in artificial intelligence
  • Londonmaxxing: Capital reclaims European tech crown as money floods into AI and fintech

    Tech
    Googles modern Kings Cross headquarters showcasing innovative architecture in Londons dynamic tech district
  • Claude was the nice guy of AI – what changed?

    Opinion
    Claude AI interface showcasing advanced features in a business setting
  • Lime races SpaceX and OpenAI to IPO as revenues soar

    Tech
    Lime faces growing scrutiny over its safety record.

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies