In a major announcement, OpenAI has revealed that Sam Altman will be returning as CEO after a recent period of organizational upheaval. This news has caused a 5 percent price jump for Worldcoin (WLD), the native cryptocurrency of Altman’s Worldcoin project. The return of Altman as CEO is part of a reshuffling that includes a new initial board featuring Bret Taylor as Chair, Larry Summers, and Adam D’Angelo. OpenAI aims to steer the organization into a new era of leadership and expresses gratitude for the patience of stakeholders during this transitional period. Altman, in a recent statement, expressed his dedication to keeping the OpenAI team united and focused on their mission. Altman also disclosed that his decision to join Microsoft was made in the best interest of himself and the team, and with the support of the new board, he looks forward to returning to OpenAI and strengthening the partnership with Microsoft. Microsoft CEO Satya Nadella welcomes Altman’s return and expresses his openness to collaboration with OpenAI in building next-generation AI solutions. Microsoft is also in discussions with OpenAI regarding proposed changes to the startup’s board structure to enhance governance and strategic oversight. This includes potential adjustments such as expanding the board’s size and considering the appointment of a Microsoft executive to OpenAI’s board. Microsoft aims to strike a balance between influence and regulatory considerations in its collaboration with OpenAI.