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Sam Altman out as OpenAI CEO after board loses confidence in him


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Sam Altman out as OpenAI CEO after board loses confidence in him

Nov 17, 2023, 2:09 PM PST
 
 
 
Sam Altman
OpenAI's Sam Altman steps down as CEO of the company.  AP Photo/Julia Nikhinson; Arantza Pena Popo/Insider
 
  • OpenAI's board announced CEO Sam Altman is out, effective immediately.
  • The board of the ChatGPT company said it "no longer has confidence in his ability to continue leading."
  • Mira Murati, once CTO of OpenAI, will be its interim CEO. 
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Sam Altman is out at OpenAI.

The board of the AI company, which is behind ChatGPT, announced on Friday that it is "no longer has confidence in his ability to continue leading OpenAI," citing that he was "not consistently candid in his communications."

Mira Murati, who was serving as OpenAI's chief technology officer, will step in as interim CEO until the company chooses a permanent CEO.

"We are grateful for Sam's many contributions to the founding and growth of OpenAI," a statement from OpenAI's board said. "At the same time, we believe new leadership is necessary as we move forward."

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Altman responded shortly after OpenAI's announcement.

"i loved my time at openai. it was transformative for me personally, and hopefully the world a little bit. most of all i loved working with such talented people," he posted on X. "will have more to say about what's next later."

Until then, his latest post to X was on Tuesday and showed no signs he would be leaving.

In 2015, Altman cofounded OpenAI as a research nonprofit focused on building artificial intelligence "in the way that is most likely to benefit humanity as a whole" with a group that included Elon Musk, Greg Brockman, and Trevor Blackwell. Silicon Valley heavyweights like Reid Hoffman and Peter Thiel joined the founders in pledging $1 billion to fund the project.

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He took the helm as CEO in 2019, the same year the firm ditched its nonprofit status to become a "capped-profit."

Three years later, in 2022, OpenAI became a household name when it debuted ChatGPT to the world. Within five days, the chatbot had over 1 million users. Two months after launch, it had 100 million monthly active users.

The chatbot's popularity fueled growth at OpenAI, as Microsoft ramped up its investment in the company to the tune of $10 billion. Since, the company has released more advanced models of its signature chatbot, as well as an updated text-to-image generator DALL-E 3.

"You guys have built something magical," Microsoft CEO Satya Nadella told Altman earlier this month.

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Meanwhile, competitors like Google raced to keep up, while an economy of AI startups developed seemingly overnight.

But Altman's time leading OpenAI wasn't without controversy.

In 2020, MIT Technology Review published an investigation into the company, claiming OpenAI fostered a culture of secrecy and hid its research from the general public and competitors.

Prior to OpenAI, Sam Altman was the president of Y Combinator, after his startup Loopt was part of the accelerator's first class. He was praised for increasing the quality of startups that took part in the program.

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On the side, Altman was investing in a number of companies, including Reddit, Helion energy, and Instacart.

"You want to invest in messy, somewhat broken companies," he told The New Yorker in 2016. "You can treat the warts on top, and because of the warts the company will be hugely underpriced."

In addition to being the CEO of OpenAI until Friday, he is also the cofounder of Worldcoin, a cryptocurrency project that he launched in 2019.

Taking the reins from Altman as interim CEO is Murati, who formerly led the technology team at OpenAI. A trained mechanical engineer, she worked at Tesla and Leap Motion before joining OpenAI in 2018 as a researcher.

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43 minutes ago, psycopk said:

10b investment in openAI added 980b to msft valuation... aa kadupu manta aai untadi board members ki,.. 🤣

Msft owns 49% of open AI and almost controls the board. So evaru thisesi untaru? 

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33 minutes ago, Vaaaampire said:

Doubt enduku its clear. Msft wanted him to go away and they did it

 

11 minutes ago, futureofandhra said:

why will they remove a performing guy

Updated above

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CEO OF MICROSOFT SATYA NADELLA WAS BLINDSIDED AND FURIOUS AT THE OPENAI BOARD FOR FIRING SAM ALTMAN

EARLIER THIS YEAR MICROSOFT INVESTED $10 BILLION DOLLARS INTO OPENAI AND IS ITS LARGEST SHAREHOLDER 

MICROSOFT WAS ONLY GIVEN THE NEWS 1 MINUTE BEFORE IT WAS MADE PUBLIC

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12 minutes ago, psycopk said:

CEO OF MICROSOFT SATYA NADELLA WAS BLINDSIDED AND FURIOUS AT THE OPENAI BOARD FOR FIRING SAM ALTMAN

EARLIER THIS YEAR MICROSOFT INVESTED $10 BILLION DOLLARS INTO OPENAI AND IS ITS LARGEST SHAREHOLDER 

MICROSOFT WAS ONLY GIVEN THE NEWS 1 MINUTE BEFORE IT WAS MADE PUBLIC

@C . B . N will take over now, good for world 

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  • 8 months later...

It’s always surprising when big leadership changes happen like this. I’ve been keeping an eye on AI developments myself and recently used an AI image generator free tool to create some custom graphics for a personal project. It was interesting to see how AI continues to evolve and provide new tools for creativity. Sometimes, these changes in leadership can lead to exciting new directions or innovations. It’ll be interesting to see how things unfold at OpenAI and if any new tools or updates come out of it!

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