Former US treasury secretary the Harvard professor is exiting the directorate at the ChatGPT creator, just a week after a collection of electronic messages between him and notorious criminal Jeffrey Epstein became publicly available.
The economist stated in an announcement that he was "grateful for the chance to have served, optimistic about the potential of the enterprise, and anticipate tracking their progress".
The prominent academic, who previously headed Harvard University, stated on earlier this week that he would be stepping back from public roles due to his relationship with the convicted sex offender.
The freshly disclosed emails demonstrated that Summers exchanged messages with the financier until the eve of the financier's 2019 arrest for alleged human trafficking of underage individuals.
In another announcement, the technology organization said it accepted the economist's choice to depart.
"We appreciate his numerous inputs and the insight he brought to the Board," the organization remarked.
This announcement follows after the entire Congress of Congress voted on this week to pass a legislation that would compel the US justice department to disclose its documents on Epstein.
The measure will then head to the office of US President Donald Trump for approval. Trump has indicated he expects to endorse the legislation, after reversing his stance on the issue following pushback from his base.
A group of financier-linked emails released by the Congressional committee recently referenced numerous high-profile figures in the billionaire's past associates, without indicating any illegal behavior by those individuals.
The communications revealed that the professor and Epstein dined together frequently, with Epstein often seeking to connect the academic to prominent international personalities.
After the emails were shared with the wider community, Summers said he took "total ownership for my misguided decision to continue interacting with the financier".
He added that he wanted "to reestablish faith and fix bonds with the individuals most important to me".
The professor served in leadership roles under party leaders; acting as Treasury chief under the former president, and as leader of the National Economic Council under Barack Obama.
He led the university from 2001 to 2006 and is still a academic there. When stating his departure from public duties previously on this week, he stated he would continue his academic responsibilities.
Following his announcement on Monday, the Center for American Progress, a left-leaning policy institute in DC where the professor was a prominent member, confirmed that the economist was no longer connected with the organization.
He became part of the directorate of OpenAI, which creates ChatGPT, in last year - following a failed attempt to replace its CEO Sam Altman.
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