The deal to bring Sam Altman back to OpenAI has fallen apart

After a weekend of negotiations to bring back Sam Altman as OpenAI CEO following his shock firing, the company’s nonprofit board has gone another way entirely and named former Twitch CEO Emmett Shear as interim CEO. Shear will take over as CEO from Mira Murati, who was publicly aligned with Altman. The news was first reported by The Information.

That’s three CEOs in three days, if you’re keeping track.

The hiring of Shear appears to close the door on Altman’s exit after he was fired Friday when the board said he had not been “consistently candid in his communications.” As we reported Saturday, the board quickly began discussing his return under pressure from investors and the threat of a mass employee walkout.

On Saturday night, sources...

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