OpenAI’s board is seeking the return of Sam Altman, the former chief executive who abruptly left the company. Altman, who now works at Microsoft, may rejoin OpenAI as a director on a transitional board. This move is strongly advocated by investors, including Thrive Capital, Khosla Ventures, Tiger Global Management, and Sequoia Capital, who aim to resolve the management crisis and provide stability to OpenAI employees. However, Altman’s acceptance of a position to head a new AI research lab at Microsoft complicates matters. He has set significant managerial and governance reforms as prerequisites for his return, which align with the demands of OpenAI’s backers, including Microsoft. The situation has caused unrest among OpenAI employees, with over 700 signing a letter demanding the board’s resignation and Altman’s reinstatement. The AI token market has also been affected by the drama, with a decline in value since the news broke. As the story unfolds, more details will be provided.