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Sam Altman fired as CEO of OpenAI (www.theverge.com)

submitted 1 year ago* (last edited 1 year ago) by ChunkMcHorkle@lemmy.world to c/technology@lemmy.world

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Sam Altman has been fired as CEO of OpenAI, the company announced on Friday.

“Mr. Altman’s departure follows 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 company said in its blog post.

EDITED TO ADD direct link to OpenAI board announcement:
https://openai.com/blog/openai-announces-leadership-transition

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[–] kromem@lemmy.world 14 points 1 year ago (2 children)

It's the non-profit board, not an investor board. None of the members have equity in the company.

[–] Tillyface89@lemmy.world 5 points 1 year ago

Yeah I'm going with the board doesn't like the commercially tied investment deals from other companies.

[–] Rai@lemmy.dbzer0.com 1 points 1 year ago* (last edited 1 year ago)

I’ve worked with some non-profits… that are greedier than for-profits. The board just kinda… y’know…. Money.

…tax-free tho

Quick edit: donations make hella money and old people love to leave mills hahahaha