Sam Altman is No Longer the CEO of OpenAI

Share via:

Two days after revealing the plans of GPT 5, OpenAI has revealed that the company has fired Sam Altman from his position as CEO and board member. The decision, announced in an official blog post, emerged after a board review citing Altman’s inconsistent communication, which hindered the board’s ability to fulfill its responsibilities.

Mira Murati, previously the Chief Technology Officer (CTO), assumes the interim CEO position, emphasising continuity amidst this leadership transition.

In a statement, the board of directors said: “OpenAI was deliberately structured to advance our mission: to ensure that artificial general intelligence benefits all humanity. The board remains fully committed to serving this mission. We are grateful for Sam’s many contributions to the founding and growth of OpenAI. At the same time, we believe new leadership is necessary as we move forward. As the leader of the company’s research, product, and safety functions, Mira is exceptionally qualified to step into the role of interim CEO. We have the utmost confidence in her ability to lead OpenAI during this transition period.”

More important than being one of the most brilliant and impactful people our industry has ever had

Sam is one of the most generous and caring people I know. I’ve never met someone who has supported and lifted up more people around them than him. Couldn’t be a prouder brother.

— Jack Altman (@jaltma) November 17, 2023

OpenAI’s board of directors consists of OpenAI chief scientist Ilya Sutskever, independent directors Quora CEO Adam D’Angelo, technology entrepreneur Tasha McCauley, and Georgetown Center for Security and Emerging Technology’s Helen Toner.

As a part of this transition, the departure of Altman, a key figure in OpenAI’s founding, coincides with Greg Brockman stepping down as board chairman while retaining his role as the company’s president.

Out of 6 board members, two are out. Unless Ilya changed the side, it won’t be possible. pic.twitter.com/88Luc3BuMl

— Pratik Desai (@chheplo) November 17, 2023

The board emphasised the necessity for new leadership aligned with OpenAI’s mission of ensuring artificial general intelligence benefits humanity. Despite Altman’s significant contributions, the board expressed a loss of confidence in his ability to steer the organisation.

This unexpected change arrived shortly after OpenAI’s recent DevDay conference, where Altman actively participated. His departure triggers curiosity about its connection to the company’s intricate governance structure, notably the relationship between its nonprofit and for-profit arms.

OpenAI’s nonprofit arm wields substantial control over its for-profit subsidiary, OpenAI Global, LLC, which focuses on commercialising AI while aligning with the nonprofit’s mission of achieving artificial general intelligence. The board’s authority includes determining AGI achievements and regulating associated commercial terms, including partnerships with major investors like Microsoft.

This shift in leadership has left questions lingering about the specific circumstances surrounding Altman’s removal, reflecting a pivotal moment in OpenAI’s trajectory as it navigates a critical phase in the AI landscape.

I was laid off from OpenAI today along with my boss Sam.

I was the person in charge of putting together the presentations for our board meetings.

No one has told me why I was let go but Sam texted me “wtf” and next thing I know my Slack and Gmail were disabled.

I’m now…

— Alex Cohen (@anothercohen) November 17, 2023

However, alongside Altman, Alex Cohen was also fired from the team. In Cohen’s words, he was the person “in charge of putting together the presentations for our board meetings”. Within 20 minutes of posting the life update on X, Cohen joined Roofer.com as lead AI researcher. Roofer.com is a San Francisco based company that provides modern roofing experience for homeowners and enterprise property owners nationwide leveraging the efficiency of drones and the power of AI.

Read more: Meet Mira Murati, the 35-year old CTO of OpenAI

The post Sam Altman is No Longer the CEO of OpenAI appeared first on Analytics India Magazine.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Sam Altman is No Longer the CEO of OpenAI

Two days after revealing the plans of GPT 5, OpenAI has revealed that the company has fired Sam Altman from his position as CEO and board member. The decision, announced in an official blog post, emerged after a board review citing Altman’s inconsistent communication, which hindered the board’s ability to fulfill its responsibilities.

Mira Murati, previously the Chief Technology Officer (CTO), assumes the interim CEO position, emphasising continuity amidst this leadership transition.

In a statement, the board of directors said: “OpenAI was deliberately structured to advance our mission: to ensure that artificial general intelligence benefits all humanity. The board remains fully committed to serving this mission. We are grateful for Sam’s many contributions to the founding and growth of OpenAI. At the same time, we believe new leadership is necessary as we move forward. As the leader of the company’s research, product, and safety functions, Mira is exceptionally qualified to step into the role of interim CEO. We have the utmost confidence in her ability to lead OpenAI during this transition period.”

More important than being one of the most brilliant and impactful people our industry has ever had

Sam is one of the most generous and caring people I know. I’ve never met someone who has supported and lifted up more people around them than him. Couldn’t be a prouder brother.

— Jack Altman (@jaltma) November 17, 2023

OpenAI’s board of directors consists of OpenAI chief scientist Ilya Sutskever, independent directors Quora CEO Adam D’Angelo, technology entrepreneur Tasha McCauley, and Georgetown Center for Security and Emerging Technology’s Helen Toner.

As a part of this transition, the departure of Altman, a key figure in OpenAI’s founding, coincides with Greg Brockman stepping down as board chairman while retaining his role as the company’s president.

Out of 6 board members, two are out. Unless Ilya changed the side, it won’t be possible. pic.twitter.com/88Luc3BuMl

— Pratik Desai (@chheplo) November 17, 2023

The board emphasised the necessity for new leadership aligned with OpenAI’s mission of ensuring artificial general intelligence benefits humanity. Despite Altman’s significant contributions, the board expressed a loss of confidence in his ability to steer the organisation.

This unexpected change arrived shortly after OpenAI’s recent DevDay conference, where Altman actively participated. His departure triggers curiosity about its connection to the company’s intricate governance structure, notably the relationship between its nonprofit and for-profit arms.

OpenAI’s nonprofit arm wields substantial control over its for-profit subsidiary, OpenAI Global, LLC, which focuses on commercialising AI while aligning with the nonprofit’s mission of achieving artificial general intelligence. The board’s authority includes determining AGI achievements and regulating associated commercial terms, including partnerships with major investors like Microsoft.

This shift in leadership has left questions lingering about the specific circumstances surrounding Altman’s removal, reflecting a pivotal moment in OpenAI’s trajectory as it navigates a critical phase in the AI landscape.

I was laid off from OpenAI today along with my boss Sam.

I was the person in charge of putting together the presentations for our board meetings.

No one has told me why I was let go but Sam texted me “wtf” and next thing I know my Slack and Gmail were disabled.

I’m now…

— Alex Cohen (@anothercohen) November 17, 2023

However, alongside Altman, Alex Cohen was also fired from the team. In Cohen’s words, he was the person “in charge of putting together the presentations for our board meetings”. Within 20 minutes of posting the life update on X, Cohen joined Roofer.com as lead AI researcher. Roofer.com is a San Francisco based company that provides modern roofing experience for homeowners and enterprise property owners nationwide leveraging the efficiency of drones and the power of AI.

Read more: Meet Mira Murati, the 35-year old CTO of OpenAI

The post Sam Altman is No Longer the CEO of OpenAI appeared first on Analytics India Magazine.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Now, Ola Electric’s CMO & CTPO Quit

SUMMARY CMO Anshul Khandelwal and CTPO Suvonil Chatterjee cited...

DPIIT Partners boAt To Foster D2C, Manufacturing Startups

SUMMARY DPIIT has signed a pact with boAt to...

Top 5 Bitcoin critics unfazed by $100K BTC milestone

Even with Bitcoin surging past $100,000 for the...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!