• Fri. Dec 8th, 2023

OpenAI Board Stands by Dismissal of CEO Sam Altman amidst No New Developments


Nov 20, 2023

In recent news, OpenAI’s board of directors has made the decision to remove former CEO Sama Altman and has appointed Emmett Shear, a former executive at Twitch, as their new interim CEO. The memo sent to company staff confirmed the board’s confidence in Shear’s ability to lead OpenAI forward and affirmed their decision to oust Altman. The reasons for Altman’s dismissal were not specified in the memo, but it was stated that his behavior and lack of transparency had hindered management’s ability to effectively oversee the company.

Microsoft, a major investor in OpenAI, was reportedly caught off guard by Altman’s departure. They were only informed of his termination just a minute before it was publicly announced. The board emphasized the importance of honesty and transparency between executives and the board of directors in their memo.

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