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Updated Nov. 20, 2023 12:42 am ET

SAN FRANCISCO— Sam Altman’s bid to return to OpenAI after being ousted Friday faltered late Sunday, as the board that fired him opted not to agree to proposed terms of his reinstatement.

Emmett Shear, former CEO of Twitch, was named interim CEO, according to people with knowledge of the matter.

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This post first appeared on wsj.com

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