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Reports says Sam Altman considering launching new AI firm

After being ousted by the board of OpenAI in a surprising move, reports suggest that Sam Altman is attempting to return to the company, while simultaneously exploring the option of launching a new artificial intelligence venture. Reuters, citing an informed source, revealed that Altman is engaged in discussions with OpenAI executives regarding potential enhancements to the company’s governance structure. Simultaneously, he is reportedly in talks with core OpenAI researchers and loyal individuals to explore the possibility of establishing a new AI firm.

Altman’s tweet expressing his affection for the OpenAI team has fueled speculation about his potential return. However, it is also interpreted as an indication that Altman might want certain staff members to join him in his new venture. The current board, which played a pivotal role in Altman’s departure, includes Chief Scientist Ilya Sutskever, Quora CEO Adam D’Angelo, former GeoSim Systems CEO Tasha McCauley, and Helen Toner, the director of strategy at Georgetown’s Center for Security and Emerging Technology. Microsoft, OpenAI’s largest investor, with a 49% stake, and other backers are reportedly pressuring the board to reinstate Altman as CEO to prevent potential employee defections to his new venture.

Despite reports that the board had agreed in principle to resign and allow Altman and former OpenAI President Greg Brockman to return, a missed deadline has complicated matters. The Verge, citing a source close to Altman, stated that several employees supporting Altman were expected to quit by the deadline. If Altman initiates a new AI venture, these employees are anticipated to follow him, underscoring the potential challenges and uncertainties in the evolving situation.

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