Sam Altman, former OpenAI CEO, is joining Microsoft after being forced to resign as OpenAI CEO

Webp altman
Sam Altman | Former OpenAI CEO | theverge.com

Sam Altman, former OpenAI CEO, is joining Microsoft after being forced to resign as OpenAI CEO

Sam Altman will be joining Microsoft and leading a new advanced AI research team, while former Twitch CEO Emmett Shear is set to run OpenAI. This shift comes amid significant changes in the leadership structure of OpenAI.

Delving into the details of this development,According to a news article by CNBC, Former OpenAI CEO Sam Altman is set to join Microsoft as he leads a new advanced AI research team. Following the board's announcement to remove him as the Open AI CEO, several prominent investors, including Microsoft, Tiger Global, Thrive Capital, and Sequoia Capital, began working to reverse the move. The issue is that none of these firms have board seats and were unaware of the board's decision. OpenAI, which was reportedly in talks to sell employee shares to investors at an $86 billion valuation, gained prominence after releasing its ChatGPT chatbot in late 2022. Altman had been leading the company since 2019 and was serving as both the top executive and the public face of artificial intelligence research and product development. OpenAI was part of a nonprofit, not a typical corporation, and its board oversees the nonprofit, which acts as the overall governing body for all OpenAI activities.

Moving on from Altman’s situation,"We’re extremely excited to share the news that Sam Altman and Greg Brockman, together with colleagues will be joining Microsoft... We look forward to moving quickly to provide them with resources needed for their success," said Satya Nadella, Microsoft CEO in a post on X.

On another note relating specifically to OpenAI,According to CNBC, OpenAI has appointed former Twitch CEO Emmett Shear as its new head of artificial intelligence, following the ousting of Sam Altman. The move follows OpenAI's board's announcement that Altman would be replaced on an interim basis with technology chief Mira Murati. The hiring of Shear follows a chaotic weekend at the high-profile startup, where Altman was ousted and replaced by Microsoft's Mira Murati. The Information and Bloomberg first reported on the hiring of Shear as the CEO. "I took this job because I believe that OpenAI is one of the most important companies currently in existence. When the board shared the situation and asked me to take the role, I did not make the decision lightly. Ultimately I felt that I had a duty to help if I could," said Emmett Shear.

More News