OpenAI’s board of directors is reportedly taking heat from investors over the decision to fire its CEO, Sam Altman.
According According to a Nov. 19 Bloomberg report citing people familiar with the matter, several investors in OpenAI, the artificial intelligence (ai) company behind ChatGPT, are reportedly in contact with its largest shareholder, Microsoft, in an effort to reinstate Altman as CEO.
On November 17, OpenAI announced the removal of Altman as CEO, and its chief technology officer, Mira Murati, took over.
In a blog post, the board stated that Altman’s communication lacked clarity and honesty, making it difficult to gain a comprehensive understanding of operations.
Thrive Capital, which is expected to lead an employee takeover bid, has not sent the funds yet, and Altman’s departure is about to affect its course of action.
Thrive reportedly wants the board to rehire both Altman and Greg Brockman, its president, who departed Friday shortly after Altman was ousted from the company.
Sam and I are shocked and saddened by what the board did today.
First, let’s say thank you to all the amazing people we’ve worked with at OpenAI, our customers, our investors, and everyone who’s reached out.
We too are still trying to figure out exactly…
-Greg Brockman (@gdb) November 18, 2023
Brockman announced his departure after it was revealed that the board had fired Altman.
“Based on today’s news, I have resigned,” Brockman stated in a mail on X (formerly Twitter).
Following the news, three senior OpenAI researchers, Jakub Pachocki, research director; Aleksander Madry, head of preparation; and Szymon Sidor, lead researcher, left.
Related: OpenAI halts new ChatGPT Plus registrations amid high demand
Meanwhile, reports indicate that Altman is willing to return to the company, contingent on the current board resigning at the end of the weekend.
Additionally, Microsoft CEO Satya Nadella would have expressed his support for whatever decision Altman makes, given that the board’s decision was also a surprise to him.
However, since Altman’s firing on Friday, recent reports technology/openai-co-founder-altman-planning-new-venture-information-2023-11-18/” target=”_blank” rel=”noopener nofollow”>state which is developing a new artificial intelligence company, according to known sources. Additionally, reports indicated that Brockman would join Altman in this venture.
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