It has been announced that Sam Altman is set to make a return to OpenAI as the Chief Executive Officer (CEO).

The agreement in principle was revealed in a tweet today, outlining the core details of Altman's comeback and the formation of a new initial board.

The tweet read, "We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating to figure out the details. Thank you so much for your patience through this."

We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo.

We are collaborating to figure out the details. Thank you so much for your patience through this.
— OpenAI (@OpenAI) November 22, 2023

The new board structure includes Bret Taylor as the Chair, Larry Summers and Adam D'Angelo, renowned figures in their respective fields.

Sam Altman passionately expressed his love for OpenAI and the tireless efforts invested in preserving the team and its mission.

Despite his decision to join Microsoft, Altman declared his unwavering commitment to OpenAI, citing it as the best path for both himself and the team.

i love openai, and everything i’ve done over the past few days has been in service of keeping this team and its mission together. when i decided to join msft on sun evening, it was clear that was the best path for me and the team. with the new board and w satya’s support, i’m…
— Sam Altman (@sama) November 22, 2023

Details of the collaboration and the specific roles each board member will undertake are yet to be finalized, indicating an ongoing process of negotiation and planning.