Planned sale of employee shares OpenAIwhich on paper values the startup at about $86 billion, Hang on a wire following the sudden ouster of CEO Sam Altman and a series of departures of top executives, reported Saturday Information.
The takeover bid, led by Thrive Capital, has not yet closed but is in its final stages. It was expected to be completed as early as next month. This is stated in the message with reference to a person familiar with the situation.
What happened to Altman?
American artificial intelligence company OpenAI. creator of ChatGPTannounced this Friday the dismissal of Sam Altman as CEO and member of the board of directors, losing the “confidence” of this body.
The board of directors issued a statement about the “change in leadership” in which it said it had concluded that Altman “has not always been honest in his dealings” with the body, which “limited his ability to perform his duties.”
“The board of directors no longer has confidence in your ability to continue to lead OpenAI,” it said, adding Mira Murati, still chief technology officer, has been named interim CEO while a search for a candidate is conducted. “permanent” candidate.
“OpenAI was specifically created to achieve our mission: ensure that artificial general intelligence benefits all of humanity“The body is talking about a type of technology that has not yet been developed and that is increasingly similar to human intelligence.
Photo: Reuters
Managers once again briefly mention Altman, the visible face of the company and the era of innovation in the field, only to thank him for his “numerous contributions,” including its founding in 2015, and its “growth.”
Altman co-founded and co-chaired OpenAI with Elon Musk, who left the company in 2018.
OpenAI has a multimillion-dollar deal with Microsoft and has been at the forefront of generative artificial intelligence since almost a year ago it launched ChatGPT, a chatbot that went viral for its ability to communicate with human users.
Another change announced today is the departure of Chairman Greg Brockman, who will “continue his role with the company, reporting to the CEO.”
OpenAI, structured as a not-for-profit company and governed by a majority independent board of directors (independent members have no equity ownership), said it remains “fully committed” to its mission.
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
