US News: Sam Altman, CEO of ChatGPT-maker OpenAI fired by company board

'OpenAI's board of directors has lost faith in Altman's capacity'

Sanjay
3 Min Read
Photo Source: Wikipedia

California (US), US News: In a surprising move, Sam Altman, CEO and co-founder of OpenAI, the firm behind ChatGPT, has left the company and resigned from its board of directors. The Washington Post reported on Friday (local time) that this surprise resignation has sent shockwaves through the IT industry.

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Open AI’s board of directors has lost faith in Altman’s capacity to run the organization, according to a blog post published on Friday.

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Altman’s resignation

According to the post, Altman’s resignation was the result of “a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.”

Chief Technology Officer Mira Murati

According to The Washington Post, Chief Technology Officer Mira Murati will now serve as interim CEO while a search for a permanent successor is underway.

“I had a great time at OpenAI.” It was life-changing for me and, hopefully, for the rest of the globe. Most importantly, I enjoyed working with such talented people. “I’ll have more to say about what’s next later,” Altman wrote on X.

Compete with OpenAI

Altman’s departure is shocking given his status as a pivotal actor in the AI revolution and an industry shaper. Since the debut of ChatGPT, big tech businesses have sought Altman’s views and investments to compete with OpenAI.

According to The Washington Post, Altman was known in Silicon Valley as a skilled investor and booster of smaller businesses. With the success of OpenAI, he gained the status of tech heavyweights like as Elon Musk, Meta CEO Mark Zuckerberg, and even the late Apple CEO Steve Jobs.

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Altman just revealed OpenAI’s new roadmap to eager developers at the company’s inaugural conference last week.

Altman’s global contacts

According to The Washington Post, Altman’s global contacts with world leaders and developers, combined with the company’s expansion in San Francisco, point to a shift in OpenAI’s trajectory away from its original nonprofit objective.

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