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

submitted 11 months ago* (last edited 11 months 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 11 months ago

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

[-] Tillyface89@lemmy.world 5 points 11 months 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 11 months ago* (last edited 11 months 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

this post was submitted on 17 Nov 2023

534 points (99.1% liked)

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