OpenAI on Wednesday said that it has reached an agreement for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor, Larry Summers, and Adam D'Angelo.

"I am looking forward to returning to OpenAI," Sam Altman said in a post on X.

OpenAI on Monday named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Microsoft.