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ARTICLE · 03 JANUARY 2024

Sam Altman Is Back At OpenAI As CEO Less Than A Week After He Was Fired

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On an early Wednesday morning in the last week of November, a tweet from OpenAI confirmed that Sam Altman would be returning as CEO. This news follows shortly after OpenAI...

CanadaTechnology
Jeffreen Rahman
Jeffreen Rahman
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On an early Wednesday morning in the last week of November, a tweet from OpenAI confirmed that Sam Altman would be returning as CEO. This news follows shortly after OpenAI announced that the board of directors decided to remove Altman from the company.

What is OpenAI?

OpenAI was founded in 2015 by Elon Musk, Sam Altman, Peter Thirl, Reid Hoffman, Greg Brockman and other prominent Silicon Valley individuals, with the goal of creating a non-profit focused on developing AI beneficial to humanity. In 2019, Microsoft partnered with OpenAI, investing $1 billion for an exclusivity license to use OpenAI's technology. OpenAI has launched many products, the most notable being ChatGPT. With the success of OpenAI, it is being reported that Microsoft would invest $10 billion over the next couple of years.

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