Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

ChatGPT maker OpenAI ousts CEO Sam Altman

Nov 17, 2023 - reuters.com
OpenAI's CEO, Sam Altman, has been removed from his position after the board lost confidence in his leadership. The decision was made following a review process by the board, which found Altman's communication with them to be inconsistent. OpenAI's Chief Technology Officer, Mira Murati, will serve as interim CEO while a formal search for a permanent replacement is conducted.

The change in leadership has sent shockwaves across the tech industry and could potentially impact OpenAI's fundraising prospects in the short term. However, Microsoft, a major backer of OpenAI, has expressed its continued support for the company and its team.

Key takeaways:

  • Sam Altman, CEO of OpenAI, has been ousted after the board lost confidence in his ability to lead.
  • Mira Murati, OpenAI's Chief Technology Officer, will serve as interim CEO while a formal search for a permanent CEO is conducted.
  • The board concluded that Altman was not consistently candid in his communications, which hindered its ability to exercise its responsibilities.
  • The impact of the change at OpenAI on current fundraising prospects is unclear, but it could impair OpenAI's ability to raise more capital in the short term.
View Full Article

Comments (0)

Be the first to comment!