Sam Altman, a significant figure in OpenAI's development and generative AI, was unexpectedly removed from his position due to disagreements with the board.
In an unexpected turn of events, Sam Altman won't return as OpenAI's CEO but will partner with Microsoft to establish a new advanced AI research team, confirmed CEO Satya Nadella.
This decision came after efforts from the company's executives to bring him back failed.
"The board no longer has confidence in his ability to continue leading OpenAI," the company said, citing "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," the statement read.
Sam Altman, a co-founder and CEO of OpenAI, was unexpectedly fired by the board on November 17.
Greg Brockman, another co-founder, resigned as president on the same day.
Sam and I are shocked and saddened by what the board did today.— Greg Brockman (@gdb) November 18, 2023
Let us first say thank you to all the incredible people who we have worked with at OpenAI, our customers, our investors, and all of those who have been reaching out.
We too are still trying to figure out exactly…
Altman's dismissal had a significant impact on the AI industry, and there were concerns about its effects on an upcoming $86 billion share sale as per BBC.
ChatGPT, a product of OpenAI, is well-known for its capability to generate human-like responses to user prompts, including text, images, and videos.