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OpenAI's new board counts Larry Summers among its ranks

Financial Express Mumbai

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November 23, 2023

LATE ON TUESDAY night, OpenAI announced the return of Sam Altman, its ousted CEO, along with a revamped board that included one name not often associated with Silicon Valley: Larry Summers

- MARK BERGEN

OpenAI's new board counts Larry Summers among its ranks

The economist and former Treasury Secretary joined Bret Taylor, a former co-CEO of Salesforce, and existing board member Adam D'Angelo in forming what the company called an "initial board." 

OpenAI's prior directors fired Altman suddenly on Friday, setting off a dramatic saga that cast doubt on the future of the most closely-watched startup and technology.

OpenAI said it was still working to "figure out the details" of its new management in a post online. But with Summers it has a board member with deep ties to Wall Street and Washington and an adamant belief that artificial intelligence is coming for white-collar jobs.

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