Venture capital firms that have backed OpenAI are still fighting to reinstate Sam Altman as the CEO, hoping to preserve investments in the startup that may become worthless with Altman's move to Microsoft. And as the day wears on and no more board members seem to be budging on reversing course, investors are looking at all their options.
Some of the VC firms continue to explore legal action against OpenAI’s board of directors, following Microsoft’s surprise move to hire Altman and former President Greg Brockman on Sunday night, two sources with direct knowledge of the situation told Fortune on Monday.
