According to the AI startup, Altman ‘was not consistently honest in his communications with the board.’Thank you for reading this post, don't forget to subscribe!
Following a significant reorganization in the tech industry, Sam Altman, the CEO from Silicon Valley responsible for the AI-powered chatbots ChatGPT and GPT-4, has been abruptly dismissed by his company’s board of directors.
OpenAI, backed by Microsoft, announced on Friday that its board of directors opted for a “leadership change” due to a loss of confidence in Altman’s ability to lead the company.
“Mr. Altman’s departure comes after a thorough review by the board, which determined that he was not consistently honest in his communications with the board,” the company stated in a blog post. “I’m getting in the way.”
The board of directors expressed gratitude for Altman’s contributions but deemed “new leadership necessary as we move forward.”
The company or its board did not specify the reason for Altman’s departure.
Mira Muratti, the chief technology officer, has been appointed as the interim CEO until a permanent replacement is found to lead the $90 billion company.
Altman had represented the company at a panel discussion at the Asia-Pacific Economic Cooperation forum in San Francisco earlier this week.
Shortly after the announcement, in a post on
I enjoyed my time at OpenAI. It was somewhat transformative for me personally and hopefully for the world. Above all, I enjoyed collaborating with such talented individuals.
There will be more to discuss in the future about what lies ahead.
– Sam Altman (@sama) 17 November 2023
In a subsequent post, Altman stated that The board should pursue me “for the full value of my shares.”
Online publication Semaphore reported earlier this year that unlike other tech founders such as Mark Zuckerberg, Altman did not possess equity in OpenAI and could be ousted at any time.
Altman’s abrupt departure sparked a flurry of responses in the tech sector.
Former Google CEO Eric Schmidt described Altman as a “hero” who “revolutionized our collective world forever”.
Giving a response shortly after the news broke, OpenAI President Greg Brockman, who co-founded the startup with Altman and Elon Musk, announced that he would also be departing from the company.
He mentioned on
Upon hearing the news today, I sent this message to the OpenAI team: pic.twitter.com/8x39P0ejOM
– Greg Brockman (@gdb) 18 November 2023
In September, New York Magazine published a profile drawing comparisons between the tech entrepreneur and J. Robert Oppenheimer – most famous for his role as the father of the atomic bomb – and Time Magazine listed him among the 100 most influential people in AI in 2023.