Feb. 16, 2024, 1:08 a.m. | Jessica E. Lessin

The Information www.theinformation.com

Last November, one of the most important private technology businesses in the world—OpenAI—nearly collapsed overnight over a governance crisis. Its nonprofit board announced to the world that it had lost confidence in CEO Sam Altman’s ability to lead, and it ousted him. Most of the people who worked there threatened to quit. Altman was brought back after a tense negotiation culminating in the decision that there would be a new board, which he would not join initially, and an independent …

board businesses ceo crisis governance important lost nonprofit november openai people private sam sam altman technology world

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