Ex-Treasury chief Larry Summers is departing from the governing body at the artificial intelligence firm, just a week after a collection of digital correspondence between him and deceased financier Jeffrey Epstein became publicly available.
He commented in a release that he was "appreciative for the chance to have served, excited about the promise of the company, and look forward tracking their progress".
The former Harvard president, who formerly led the Ivy League institution, announced on recently that he would be scaling back from public commitments due to his relationship with the convicted sex offender.
The freshly disclosed messages demonstrated that the official corresponded with the financier until the day before the financier's 2019 arrest for accused sex trafficking of young people.
In a separate statement, the AI firm said it understood the economist's choice to depart.
"We acknowledge his significant contributions and the viewpoint he offered to the directors," the organization commented.
This announcement arrives after the two houses of the legislative branch decided on recently to pass a legislation that would mandate the Department of Justice to release its documents on the case.
The legislation will subsequently proceed to the desk of the White House for endorsement. Trump has stated he expects to sign the measure, after changing his view on the matter following pressure from his followers.
A batch of financier-linked emails disclosed by the Congressional committee recently referenced several prominent individuals in the financier's past associates, without implying any legal wrongdoing by those people.
The messages indicated that Summers and Jeffrey Epstein dined together frequently, with Epstein often trying to connect the academic to prominent global figures.
After the messages were released with the general audience, the former official said he accepted "total ownership for my ill-advised judgment to maintain interacting with Jeffrey Epstein".
He further stated that he wanted "to restore trust and mend connections with the people closest to me".
The economist served in leadership roles under two Democratic presidents; functioning as economic leader under Bill Clinton, and as head of the White House economic team under the former leader.
He presided over the university from five years and remains a faculty member there. When declaring his departure from public commitments recently on Monday, he said he would persist with his academic responsibilities.
Following his statement on Monday, the policy organization, a left-leaning think tank in Washington where Summers was a prominent member, announced that the economist was not connected with the organization.
The former official became part of the leadership of the technology firm, which creates ChatGPT, in last year - following a unsuccessful effort to oust its CEO OpenAI's head.
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