OpenAI Board Ousts Sam Altman as CEO

29 Apr 2024

In a sudden turn of events, OpenAI's board of directors has removed Sam Altman, the company's co-founder and CEO, from his position. The decision comes after a review process that concluded Altman had not been consistently transparent in his communications with the board, hindering their ability to effectively fulfill their responsibilities.

"The board no longer has confidence in his ability to continue leading OpenAI," the company stated in a blog post announcing Altman's departure.

Altman, who also co-founded the prominent startup accelerator Y Combinator, expressed appreciation for his time at OpenAI and indicated that he would elaborate on his future plans at a later date.

Greg Brockman, another co-founder of OpenAI, will step down as chairman of the board but remain as company president, reporting directly to the interim CEO, Mira Murati. Murati, who previously served as OpenAI's CTO, has been appointed to lead the company in the interim while a search for a permanent CEO is conducted.

OpenAI's board remains committed to the company's mission of ensuring that artificial general intelligence benefits all of humanity. They expressed their gratitude for Altman's contributions to OpenAI's growth and acknowledged the need for new leadership to navigate the company's future trajectory.

Microsoft, a significant investor in OpenAI, has reaffirmed its commitment to the company and its partnership with the new leadership under Murati.

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