- Sam Altman, former CEO of OpenAI, was removed from his position and the board due to communication and transparency issues cited by the board after a review process.
- Greg Brockman, a co-founder, stepped down as chairman but remains as OpenAI’s president. Mira Murati, the former CTO, has been appointed as the interim CEO, initiating a search for a permanent CEO.
- OpenAI aims to continue its mission of ensuring AI benefits humanity, expressing gratitude for Altman’s contributions but asserting the necessity for new leadership.
- Microsoft, a significant investor in OpenAI with a 49% stake, was informed shortly before Altman’s departure was publicly announced, and they’ve reaffirmed their commitment to their partnership with OpenAI under new leadership.
- The circumstances leading to Altman’s removal hint at governance concerns and discussions regarding substantial capital raising, possibly related to Microsoft’s investment, though specifics remain unclear.