Sam Altman, CEO of ChatGPT-maker OpenAI, ousted by company board

In a surprising move Sam Altman CEO and cofounder of OpenAI the organisation behind ChatGPT has left the artificial intelligence company and resigned from its board with immediate effect This unexpected departure has sent shock waves through the technology industry The Washington Post reported on Friday local timeThe company revealed in a blog post on Friday that OpenAIs board no longer has confidence in Altmans ability to lead the organisationThe post said that Altmans departure came after 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 responsibilitiesNow Chief Technology Officer Mira Murati will step in as interim CEO and a search is underway to find a permanent successor according to The Washington PostI loved my time at OpenAI It was transformative for me personally and hopefully for the world a little bit Most of all I loved working with such talented people Will have more to say about whats next later posted Altman on XAltmans departure is surprising given his role as a prominent figure in the AI revolution and a key influencer in shaping the industry Since the introduction of ChatGPT major tech companies have strived to compete with OpenAI and world leaders have sought Altmans insights and investmentsAccording to The Washington Post in Silicon Valley Altman was recognised as a savvy investor and supporter of smaller companies The rise of OpenAI elevated him to the status of tech titans such as Elon Musk Meta CEO Mark Zuckerberg and even the late Apple CEO Steve Jobs Just last week Altman presented OpenAIs new roadmap to enthusiastic developers at the companys inaugural conferenceThe blog post also announced that Greg Brockman another cofounder of OpenAI would step down as the chair of the companys board but remain with the organisationOriginally established as a nonprofit in 2015 OpenAI aimed to prevent advanced AI from falling into the hands of monopolistic corporations However after receiving a significant investment from Microsoft in 2019 the company transitioned to a forprofit structure OpenAI continues to assert its commitment to building AI for the benefit of humanity but recent developments suggest a more conventional business approachIn May the company initiated a hiring spree attracting executives from Meta Apple and Amazon Web Services Altmans global engagements with world leaders and developers coupled with the companys expansion in San Francisco underscore a shift in OpenAIs trajectory from its original nonprofit mission The Washington Post reportedThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever