Sam Altman’s Return as OpenAI CEO Sends Worldcoin Price Surging 4%

Sam Altman Returns to OpenAI CEO Post… Just Five Days After Dismissal Notice
Dismissal→Return Discussion→Failure→Joining Microsoft→Return… A Roller Coaster
Upon Sam Altman’s Return… Worldcoin (WLD) Price Surges 4%

With the news of Sam Altman’s return as OpenAI CEO, the price of Worldcoin experienced yet another fluctuation. The Worldcoin price has been on a roller coaster ride for five days after Altman received a dismissal notice from the board on the 17th (local time), followed by discussions about his return, the failure of his return, his joining Microsoft (MS), and finally, the news of his sudden return.

According to the industry, on the 22nd, the price of Worldcoin surged more than 4%. Sam Altman, OpenAI CEO, suddenly returned to the company after receiving a dismissal notice from the board on the 17th (local time).

The issue of Altman’s future began when the board notified him of his dismissal on the 17th (local time). Discussions about his return started the next day among OpenAI investors, including Microsoft (MS). Still, on the 19th (local time), OpenAI announced the appointment of Emmett Shear, Twitch co-founder, as the new CEO, causing Altman’s return to fall through. That same day, MS announced the recruitment of Altman, which seemed to end his future.

However, news of his return discussions surfaced again that morning. Around 3 p.m., OpenAI announced through its official social media X that “a principal agreement has been reached on Sam Altman’s return to Open,” sharing the news of Altman’s return.

Altman’s Statement on His Return

CEO Sam Altman stated through his X, “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.” He added, “When I decided to join msft on sun evening, it was clear that was the best path for me and the team,” and “With the new board and w satya’s support, I’m looking forward to returning to Openai, and building on our strong partnership with msft.”

The sudden return of CEO Sam Altman is likely due to the potential departure of crucial personnel caused by his exit. In fact, after the news of his dismissal, numerous OpenAI employees shared the phrase “OpenAI is nothing without its people” on social media.

Meanwhile, with the news of Altman’s return, the price of Worldcoin (WLD) has risen again by more than 4%, recovering the price before his dismissal notice on the 17th (local time). As of 4 p.m. that day, the price of Worldcoin is fluctuating around $2.70, according to the virtual asset market site CoinMarketCap.

By. Lee Si On