OpenAI Board Urged by Microsoft, Investors to Restore Altman

  • Board has considered resigning, hasn’t made final decision
  • Altman has been weighing new venture, but open to returning
Satya Nadella, right, speaks on stage with Sam Altman during the OpenAI DevDay event on Nov. 6.Photographer: Justin Sullivan/Getty Images
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OpenAI’s biggest investors are pressing the company to reinstate Sam Altman as chief executive officer after the board’s stunning decision to fire him on Friday, according to people with knowledge of the matter.

Microsoft Corp., the startup’s biggest backer with a more than $10 billion stake, is working with investors including Thrive Capital and Tiger Global Management to bring back Altman, said the people, who asked to remain anonymous discussing private information.