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## OpenAIÔÇÖs CEO Sam Altman Returns to Board with Three New Female Members

SAN FRANCISCO ÔÇö OpenAI announced on Friday that its CEO, Sam Altman, will be returning to its board, along with three new female board members. This move comes after the company released details of its investigation into Altman’s initial ousting and subsequent reinstatement last November.

The decision to bring back Altman was unanimously supported by the OpenAI board, with chair Bret Taylor stating, ÔÇ£We have concluded that Sam and Greg (Brockman) are the right leaders for OpenAI.ÔÇØ The company also welcomed Sue Desmond-Hellmann, Nicole Seligman, and Fidji Simo to its new board, showcasing a diverse mix of talent and experience.

The tech world was taken by surprise in November when OpenAI’s previous board announced Altman’s firing in a Friday afternoon blog post. After a period of deliberation and discussions between the board, company executives, and investors, Altman was reinstated as CEO, with three of the four board members who fired him stepping down. Quora CEO Adam DÔÇÖAngelo remains part of the temporary board but was not involved in the review process that led to the boardroom crisis.

In addition to the new board appointments, OpenAI also shared a summary of findings from an investigation by law firm WilmerHale into Altman’s removal and reinstatement. The firm identified a ÔÇ£breakdown in the relationship and loss of trustÔÇØ between Altman and the prior board as the primary reasons for his termination.

Despite these internal challenges, the law firm found no issues related to OpenAI’s product safety, finances, or communications with investors. However, the Securities and Exchange Commission is currently investigating allegations that OpenAI may have misled its investors.

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