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While OpenAI later transitioned to a for-profit model, its controlling shareholder remains the nonprofit OpenAI Inc. and its board of directors. This unique structure made it possible for four OpenAI board members — the company's chief scientist, two outside tech entrepreneurs and an academic — to oust CEO Sam Altman on Friday. When it was founded, OpenAI’s original board co-chairs were Altman and Tesla CEO Elon Musk. Musk recently launched his own AI startup, xAI, to compete with OpenAI, Microsoft and Google, among others. OpenAI's board members have not responded to requests for comment.

Persons: ChatGPT, OpenAI, Sam Altman, Berkshire Hathaway, OpenAI’s, ”, Sarah Kreps, Altman, Greg Brockman, “, Kreps, Ilya Sutskever, we’ve, Adam D’Angelo, Tasha McCauley, Helen Toner, Reid Hoffman, Will Hurd, Shivon Zilis, Brockman, Elon Musk, Musk, D’Angelo, tweeting, ” He’s, Matt O'Brien, Michael Liedtke Organizations: FRANCISCO, Google, Facebook, OpenAI Inc, Cornell University’s Tech Policy Institute, Microsoft Corp, Microsoft, Georgetown Center for Security, Emerging Technology, Republican U.S . Rep, Tesla, OpenAI, Associated Press Technology Locations: Berkshire, OpenAI, Will Hurd of Texas, Providence , Rhode Island, San Francisco

☆ OpenAI employees wanted Bret Taylor to join a new board. He's no longer expected to do so, insiders say.
▼ + stars: | 2023-11-20 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

OpenAI CEO Sam Altman was ousted on Friday, igniting chaos inside the company. Amid discussions that the OpenAI board would be remade, Bret Taylor was asked to join. The former Salesforce executive and Twitter board chair is no longer poised to do so. Yet, in another affront to employees, it seems some expected changes to the board are no longer in the works. Now he is no longer set to join the OpenAI board.

Persons: Sam Altman, Bret Taylor, —, Altman, — Emmet Shear, Twitch, Mira Murati —, Elon Musk, Taylor, Greg Brockman, Adam D'Angelo, Tasha McCauley, Helen Toner, Ilya Setskever, Setskever, Brockman, Kali Hays Organizations: Service, Twitter, Elon, Microsoft, Georgetown Center for Security, Emerging Technology Locations: khays@insider.com, @hayskali

☆ OpenAI's employees were given two explanations for why Sam Altman was fired. They're unconvinced and furious.
▼ + stars: | 2023-11-20 | by ( Kali Hays | ) www.businessinsider.com time to read: +5 min

OpenAI 's current independent board has offered two examples of the alleged lack of candor that led them to fire co-founder and CEO Sam Altman, sending the company into chaos. Staff had spent the day expecting to be told of the reinstatement of Altman as CEO. Sustkever is said to have offered two explanations he purportedly received from the board, according to one of the people familiar. One explanation was that Altman was said to have given two people at OpenAI the same project. These explanations didn't make sense to employees and were not received well, one of the people familiar said.

Persons: OpenAI, Sam Altman, Ilya Sutskever, Emmett Shear, Mira Murati, Altman, Shear, Sutskever, Sustkever, it's, Satya Nadella, Adam D'Angelo, Tasha McCauley, Helen Toner, Setskever, Greg Brockman, Murati, she's, Kali Hays Organizations: Twitch, Business, Staff, Google, OpenAI, Murati, Microsoft, Georgetown Center for Security, Emerging Technology, Twitter Locations: OpenAI's San Francisco, khays@insider.com, @hayskali

The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board. “The board no longer has confidence in his ability to continue leading OpenAI,” the artificial intelligence company said in a statement. Mira Murati, OpenAI’s chief technology officer, will take over as interim CEO effective immediately, the company said, while it searches for a permanent replacement. While not trained as an AI engineer, Altman, now 38, has been seen as a Silicon Valley wunderkind since his early 20s. Forrester analyst Rowan Curran said Altman's departure, “while sudden,” does not likely reflect problems with OpenAI's business.

Persons: Sam Altman, “, Mira Murati, Altman, what’s, He's, Greg Brockman, Ilya Sutskever, Adam D’Angelo, Tasha McCauley, Helen Toner, Mira, ”, Paul Graham, “ Sam, Graham, ” OpenAI, Elon Musk, Musk, Elon ”, Rowan Curran, ” Curran, Haleluya Hadero, Kelvin Chan, Michael Liedtke, David Hamilton Organizations: Associated Press, OpenAI, Economic Cooperation, Georgetown Center for Security, Emerging Technology, Microsoft Locations: openai, London, Asia, San Francisco, New York

☆ OpenAI's Sam Altman exits as CEO because 'board no longer has confidence' in his ability to lead
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +5 min

OpenAI's board of directors said Friday that Sam Altman will step down as CEO and will be replaced on an interim basis by technology chief Mira Murati. "The board no longer has confidence in his ability to continue leading OpenAI," the statement said. The board also said that Greg Brockman, OpenAI's president, "will be stepping down as chairman of the board and will remain in his role at the company, reporting to the CEO." Before taking over as CEO, Altman, 38, was president of startup accelerator Y Combinator and gained prominence in Silicon Valley as an early-stage investor. Microsoft CEO Satya Nadella made a surprise guest appearance during the event, joining Altman on stage to discuss the startup's AI technologies and its partnership with Microsoft.

Persons: Sam Altman, Mira Murati, Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, OpenAI, Greg Brockman, what's, Murati, Mira, ChatGPT, Satya Nadella, Nadella, Elon Musk, Altman, rapt, Ted Lieu, Mike Johnson, Joe Biden, Xi Jinping, Altman didn't, — CNBC's Lora Kolodny Organizations: Tech, Conference, Georgetown Center for Security, Emerging Technology, Microsoft, OpenAI, U.S . Senate, House Democratic Caucus, Economic Cooperation, U.S Locations: Laguna Beach , California, Mira, Silicon Valley, Indonesia, Asia, Pacific, Singapore, India, China, South Korea, Japan, San Francisco

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