Open AI CEO Sam Altman Unexpectedly Removed from Board and Role as CEO

Open AI, the company behind ChatGPT, has announced the sudden departure of CEO Sam Altman. The board of directors concluded that Altman was “not consistently candid in his communications with the board.”

The company has stated that the decision was not related to any financial, business, safety, or security/privacy practices. Open AI’s COO, Jack Lightcap, has commented that the board’s decision was a surprise and that he has been in conversations with the board to try to understand their decision.

Lightcap also noted that Microsoft is a fully committed partner of Open AI and that the company remains strong. Altman has been removed from the board and his role as CEO.

Open AI has seen a rapid increase in value, reaching around $80 billion. The company is at the center of many bets about the future economic gains across the economy.

The board of directors has not yet announced a replacement for Altman. It is unclear what the path forward for the company will be.