By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Sam Altman, CEO of ChatGPT-maker OpenAI ousted by company board
Share
Notification Show More
Latest News
Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
Crypto
Amir to patronize Doha Forum tomorrow
Qatar
New US aid for Ukraine by year-end seems increasingly out of reach
World
Consumer Confidence Survey for 4th quarter of 2023 begins on Sunday
Oman
Oman’s stock market reverses course after rebound
Business
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Sam Altman, CEO of ChatGPT-maker OpenAI ousted by company board
Business

Sam Altman, CEO of ChatGPT-maker OpenAI ousted by company board

News Room
Last updated: 2023/11/18 at 2:26 AM
News Room
Share
3 Min Read
SHARE

San Francisco: In a surprising move, Sam Altman, CEO and co-founder of OpenAI, the organisation behind ChatGPT, has left the artificial intelligence company and resigned from its board with immediate effect. This unexpected departure has sent shock waves through the technology industry, The Washington Post reported on Friday.

The company revealed in a blog post on Friday that OpenAI’s board no longer has confidence in Altman’s ability to lead the organisation.

The post said that Altman’s departure came after “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.”

Now, Chief Technology Officer Mira Murati will step in as interim CEO, and a search is underway to find a permanent successor, according to The Washington Post.

“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. Will have more to say about what’s next later,” posted Altman on X.

Altman’s departure is surprising given his role as a prominent figure in the AI revolution and a key influencer in shaping the industry. Since the introduction of ChatGPT, major tech companies have strived to compete with OpenAI, and world leaders have sought Altman’s insights and investments.

According to The Washington Post, in Silicon Valley, Altman was recognised as a savvy investor and supporter of smaller companies. The rise of OpenAI elevated him to the status of tech titans such as Elon Musk, Meta CEO Mark Zuckerberg, and even the late Apple CEO Steve Jobs. Just last week, Altman presented OpenAI’s new roadmap to enthusiastic developers at the company’s inaugural conference.

The blog post also announced that Greg Brockman, another co-founder of OpenAI, would step down as the chair of the company’s board but remain with the organisation.

Originally established as a nonprofit in 2015, OpenAI aimed to prevent advanced AI from falling into the hands of monopolistic corporations. However, after receiving a significant investment from Microsoft in 2019, the company transitioned to a for-profit structure. OpenAI continues to assert its commitment to building AI for the benefit of humanity, but recent developments suggest a more conventional business approach.

In May, the company initiated a hiring spree, attracting executives from Meta, Apple, and Amazon Web Services. Altman’s global engagements with world leaders and developers, coupled with the company’s expansion in San Francisco, underscore a shift in OpenAI’s trajectory from its original nonprofit mission, The Washington Post reported.

Read the full article here

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room November 18, 2023
Share this Article
Facebook Twitter Copy Link Print
Previous Article Alcaraz dreaming of ATP Finals triumph as Djokovic awaits in semis – News
Next Article Britain’s new foreign secretary David Cameron visits Kyiv
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
Crypto December 9, 2023
Amir to patronize Doha Forum tomorrow
Qatar December 9, 2023
New US aid for Ukraine by year-end seems increasingly out of reach
World December 9, 2023
Consumer Confidence Survey for 4th quarter of 2023 begins on Sunday
Oman December 9, 2023

You Might also Like

Crypto

Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets

December 9, 2023
Business

Oman’s stock market reverses course after rebound

December 9, 2023
Crypto

Bitcoin Price Prediction as Option Traders Bet on $50,000 BTC by January – Are They onto Something?

December 9, 2023
Business

Workshop explores innovative financing options for SMEs

December 9, 2023
Crypto

Tron (TRX) and Ripple (XRP) investors tired of holding are now moving towards utility-rich Retik Finance (RETIK)

December 9, 2023
Crypto

SECT Bot Is Up 50x in 24 Hours and This Underestimated Coin Could Be Next to Explode – Here’s Why

December 9, 2023
Crypto

Solana NFTs Eclipse Ethereum in Trading Volume Amid Surge

December 9, 2023
Crypto

Michael Saylor’s 2BNs, Adam Back’s 700Ks, Jamie Dimon’s No-to-BTCs and 20 Crypto Jokes

December 9, 2023
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?