For a while this weekend, it looked as if Sam Altman might return as a conquering hero to OpenAI, the company whose board had fired him as CEO on Friday.

It would have been another shocking twist in a saga that was already full of them. And Altman had a lot of leverage. OpenAI employees had rallied behind him since his firing, and OpenAI’s investors were pushing the board to bring him back. Billions of dollars — and, possibly, the trajectory of the entire artificial intelligence industry — hung on the fate of the board’s decision, and many expected it to cave under pressure and reverse itself.

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