ChatGPT-maker Open AI pushes out co-founder and CEO Sam Altman
The Hindu
Open AI board ousts CEO Sam Altman after review finds he was "not consistently candid" in communications; CTO Mira Murati appointed interim CEO; Altman had become face of Open AI after ChatGPT explosion; Altman had predicted AI will be "greatest leap forward" of tech revolutions.
The board of ChatGPT-maker Open AI said Friday, November 17, 2023, it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.
“The board no longer has confidence in his ability to continue leading OpenAI,” the company said in a statement on November 17, 2023.
It has appointed Mira Murati, OpenAI’s chief technology officer, to an interim CEO role effective immediately as it begins a search for a permanent replacement.
A company spokesperson didn't immediately respond to request for comment on what the alleged lack of candor was about. The statement said Mr. Altman's behavior was hindering the board's ability to exercise its responsibilities.
Mr. Altman helped start OpenAI as a nonprofit research laboratory in 2015.
But in the past year, he was thrust into the global spotlight as the face of OpenAI after ChatGPT exploded into public consciousness. On a world tour earlier this year, he was mobbed by a crowd of adoring fans at an event in London.
Just Thursday, he took part in a CEO summit at the Asia-Pacific Economic Cooperation conference in San Francisco, where OpenAI is based.
Rupee strengthens to 89.96 per US dollar amid corporate inflows and falling crude prices, signaling improved market sentiment.
Alembic Pharma gets U.S. FDA approval for its generic Travoprost ophthalmic solution
Aurobindo Pharma's subsidiary receives five observations from the U.S. FDA
Shares of Dell Technologies down 3.2% and HP Inc losing 3.5% on Thursday, missing out on tech rally sparked by an outsized profit forecast from Micron Technology.
Meta’s outgoing chief artificial intelligence scientist Yann LeCun is holding early talks to raise 500 million euros ($586.00 million) for a new startup
India’s trade data for November reveals continued resilience in exports despite mounting U.S. tariffs on several key products. This is particularly significant given that the U.S. remains India’s largest export partner by a substantial margin. Interestingly, overall exports have not only grown, but shipments specifically to the U.S. have also rebounded.
Bharti Airtel Ltd. Chief Executive Officer-designate Shashwat Sharma, who is currently the firm’s chief operating officer, will take over the firm’s reins as CEO on January 1, 2026.
India's crude processing rose 2.3% YoY in November, with state-owned refiners handling two-thirds of the total.
The government is working to amend the Sugar Control Order and further align it with the requirements of the industry at present, Secretary (Food) at the Ministry of Consumer Affairs, Food and Public Distribution Sanjeev Chopra said Thursday.
Indian stock markets decline for the fourth day due to weak global trends and uncertainty over a U.S. trade deal.
The rupee gained 12 paise to 90.26 against the dollar, supported by crude prices and RBI intervention.
India and Oman sign a free trade agreement, enhancing trade access and reducing tariffs on numerous goods and services.
Cyient Semiconductors to acquire a majority stake in Kinetic Tech for $93 million, enhancing its power IC leadership in Edge AI markets.