• Wed. Dec 6th, 2023

AI Board Stands by Decision to Dismiss CEO Sam Altman amid No New Developments


Nov 20, 2023

The board of directors of OpenAI has backed their decision to remove former CEO Sama Altman from the company in an internal memo sent to staff. This news was reported by the NYtimes. The new interim CEO at OpenAI is Emmett Shear, who previously worked as an executive at Twitch. In the memo, the board expressed their confidence in Shear’s ability to lead the company and stated that they stand by their decision to oust Altman. The board members signed the memo, affirming their support for the decision.

However, no specific reasons were given for Altman’s dismissal in the memo, but it was mentioned that his behavior and lack of transparency had undermined management’s ability to effectively oversee the company. OpenAI’s investors, including Microsoft, were taken by surprise by Altman’s departure. Microsoft was only informed of Altman’s termination a minute before it was publicly announced. The board emphasized the importance of honesty and transparency between executives and the board of directors.

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