Larry Summers Steps Down From OpenAI Board

Topline

Former Treasury Secretary Larry Summers will resign from the board of OpenAI, a day after the former labor secretary said he will step back from public commitments after documents released by the House Oversight Committee revealed email interactions he had with convicted sex offender Jeffrey Epstein.

Key Facts

Summers told multiple outlets, “I am grateful for the opportunity to have served, excited about the potential of the company, and look forward to following their progress.”

In response, OpenAI said it respected Summers’ decision to step down and it appreciated Summers’ “many contributions.”

On Monday, Summers issued a statement saying he was “deeply ashamed of my actions and recognize the pain they have caused…I take full responsibility for my misguided decision to continue communicating with Mr. Epstein.”

This is a developing story.

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