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Larry Summers Steps Down From Openai

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Former Treasury Secretary Larry Summers has resigned from the board of directors of the OpenAI Foundation, the latest development in the fallout following the release of emails showing that he sought romantic advice from convicted sex offender Jeffrey Epstein.

“In line with my announcement to step away from my public commitments, I have also decided to resign from the board of OpenAI," Summers said in a statement. "I am grateful for the opportunity to have served, excited about the potential of the company, and look forward to following their progress.”

Summers, a fixture of Democratic policy and economic circles, is a longtime Washington insider who was brought onto the board of the nonprofit that runs OpenAI a highly public boardroom coup that briefly saw the ouster of OpenAI CEO Sam Altman. At the time, he had been viewed as a stabilizing force for a controversial startup that's been at the forefront of technological innovations that proponents claim will revolutionize the economy.

In a statement, the members of OpenAI's board said that "we respect his decision. We appreciate his many contributions and the perspective he brought to the Board."