Justin Sullivan
It’s a classic tale in Silicon Valley, but the reverberations are still being heard across the investing world. Sam Altman’s bid to return to OpenAI after being ousted late on Friday has failed after the board did not agree to proposed terms of his reinstatement in negotiations that took place over the weekend. Emmett Shear, the former CEO of Twitch and a prior partner to Sam Altman’s startup accelerator Y Combinator, has been named as interim CEO.
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