OpenAI’s announcement late Friday that the company was firing Altman and replacing him on an interim basis with technology chief Mira Murati sent shockwaves across Silicon Valley.
How embarrassing must it be for both sides if no one is willing to go public?
If it were something illegal, they wouldn't be holding back. Unless the board is somehow complicit by default.
Yeah when I heard this, and after I read the available information, I was like did they walk in on him f****** a dog in his office or something? Like the secrecy around his dismissal is so total. But then all these people he has so much support within the company. Very confusing
The boards job is to deliver shareholder value. Ergo, it may or may not be something illegal, all ypu can guarantee is that they think that revealing information might lose shareholder value.
Official statement is that Altman was not being "candid" with the board. The current best theory I've seen is that Altman is investing in AI hardware startups (he is, in fact) and likely planning on having OpenAI doing business with them. buying them, or merging with them in the future.
The board really needs to explain to the investors why he was fired, It is utterly ridiculous that they don't know.
He may very well have been fired for a reasonable reason, but I'm not seeing it because why would you just fire someone out of the blue and then not release a statement if you've got reasonable cause? The only reason to act like they've got something to hide is because they do have something to hide.
If they had just fired him secretly it wouldn't be so weird, but such open support from his co-workers and co-managers of the company and even other people resigning because of his firing are what is making me interested in the issue.
The board (which is the board of the non-profit) wanted the company to be more focused on its mission and less profit-driven. Altman is the one that's been letting Microsoft get its tendrils around OpenAI and push a narrative that everything must be closed off and profit focused.
OpenAI investors are pushing to bring back Sam Altman as CEO one day after he was ousted by the board, according to people familiar with the matter says CNBC.
Microsoft, Tiger Global and venture firm Thrive Capital are among several of OpenAI’s top backers that are part of an effort to reinstate Altman, said a source, who asked not to be named because discussions are confidential.
OpenAI’s announcement late Friday that the company was firing Altman and replacing him on an interim basis with technology chief Mira Murati sent shockwaves across Silicon Valley.
OpenAI has emerged as the hottest startup on the planet since launching its ChatGPT chatbot last year and spurring a rush of investment generative artificial intelligence market.
Microsoft, which has invested billions of dollars in OpenAI and has a close technology partnership with the company, was surprised by the announcement.
In addition to ousting Altman, the company removed Brockman, the chairman, from his board leadership position but said he would remain as president.
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They're investors, as in partial owners of the business. That means that they do get to express their opinion. If enough of them want Altman back, they could vote out the old board and put in a board that represents their own interests as owners.