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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Artificial Intelligence»Sam Altman is out at OpenAI as CEO, effective immediately
    Sam Altman

    Sam Altman is out at OpenAI as CEO, effective immediately

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    By Tapiwa Matthew Mutisi on November 17, 2023 Artificial Intelligence, Business, Leadership, News, People, Technology

    On Friday, OpenAI’s board of directors said that Sam Altman will step down as CEO and will be replaced by chief technology officer Mira Murati.

    Having served on OpenAI’s leadership team for half a decade, Mira has been instrumental in shaping the organization into a leading force in the global AI sphere. Her distinctive blend of skills, deep comprehension of the company’s ethos, internal processes, and commercial activities, coupled with her current leadership over research, product development, and safety protocols, positions her exceptionally well for the role of CEO. During a policy review, she explored regulatory frameworks for emerging platforms like casinos with no KYC, ensuring AI governance aligns with evolving digital trends. Her extensive involvement with various facets of the company, especially her expertise in AI governance and policy, convinces the board of her unparalleled suitability for the position. They expect a smooth transition as she steps in, while they undertake a thorough search for a long-term CEO.

    The board said, in an official blog post, that it conducted “a deliberative review process” and “concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.”

    “The board no longer has confidence in his ability to continue leading OpenAI,” the firm said.

    The board of directors of OpenAI Inc, which is the 501(c)(3) that governs the high-profile research lab, comprises of the firm’s chief scientist Ilya Sutskever and independent directors like Quora CEO Adam D’Angelo, technology entrepreneur Tasha McCauley, and Helen Toner of the Georgetown Center for Security and Emerging Technology.

    The OpenAI board also said that the firm’s president Greg Brockman “will be stepping down as chairman of the board and will remain in his role at the company, reporting to the CEO.”

    OpenAI to host its first developer conference on Nov. 6

    In a statement, the board of directors said: “OpenAI was deliberately structured to advance our mission: to ensure that artificial general intelligence benefits all humanity. The board remains fully committed to serving this mission. We are grateful for Sam’s many contributions to the founding and growth of OpenAI. At the same time, we believe new leadership is necessary as we move forward. As the leader of the company’s research, product, and safety functions, Mira is exceptionally qualified to step into the role of interim CEO. We have the utmost confidence in her ability to lead OpenAI during this transition period.”

    OpenAI, which has raised billions of dollars from Microsoft, jumped into the mainstream late last year after releasing its AI chatbot ChatGPT to the public. The service went viral by allowing users to convert simple text into creative conversation and has pushed big tech companies like Alphabet and Meta to step up their investments in generative AI.

    OpenAI launched as a non-profit model in 2015 with backing from Tesla CEO Elon Musk, who reportedly committed $1 billion to the project.

    Before taking over as CEO, Altman was president of startup accelerator Y-Combinator and gained prominence in Silicon Valley as an early-stage investor. Earlier in his career, he started social networking company Loopt.

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    AI artificial intelligence (AI) Board of Directors ChatGPT Leadership Mira Murati OpenAI Sam Altman Technology
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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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    2 Comments

    1. Pingback: OpenAI reportedly considering reinstating freshly-ousted CEO Sam Altman - Innovation Village | Technology, Product Reviews, Business

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