Last week, Sam Altman, the CEO/co-founder of OpenAI, was sacked after board members concluded that the CEO and some other top chiefs would have to resign from their positions following some internal crises.
However, after the sack of Sam Altman last Friday, Microsoft chief Satya Nadella invited Altman to join his team on Sunday evening, November 19. This offer was extended to other members fired during the recent layoff at OpenAI.
While tension cooled off, most employees at OpenAI threatened to quit on Monday if Altman was not reinstated, among other demands.
This came after OpenAI Vice President of Global Affairs Anna Makanju sent a memo to staff saying the company had been in “intense discussions” with the board, Altman, and the acting CEO Shear to unify the company.
The report shows that the board had come under intense scrutiny for its decision to fire Altman, saying that the CEO was not “consistently candid in his communications.” Since then, board members and staffers have said that the CEO’s removal was unrelated to “malfeasance” or “safety,” leaving an information vacuum. Satya Nadella, CEO of OpenAI’s largest investor, Microsoft Corp., has said publicly that he has not been explained.
What Is the Reason for Sam Altman’s Removal as OpenAI CEO?
Sam Altman, the brain behind ChatGPT's firing, said it was due to a “breakdown in communication between Sam and the board” and not “malfeasance,” Chief Operating Officer (COO) Brad Lightcap said in an internal memo.Read more: https://www.investingport.com/sam-a...-ceo-today-after-being-sacked-on-november-17/