Sam Altman is stepping down as CEO of OpenAI

Sam Altman is stepping down as CEO of OpenAI

Altman’s departure comes after a review by the company’s board of directors.

Sam Altman will step down as CEO of OpenAI, the company announced on Friday.

OpenAI, maker of the popular chatbot ChatGPT, said the departure comes after a review process conducted by the company’s board of directors.

“Mr. Altman’s departure follows a deliberative review process by the Board of Directors, which concluded that he was not consistently honest in his communications with the Board, which hindered his ability to exercise his responsibilities,” OpenAI said in a statement. “The Board no longer has confidence in his ability to continue to lead OpenAI.”

OpenAI said the company’s chief technology officer, Mira Moratti, will take over as CEO on an interim basis.

“I loved my time at openai. It was transformative for me personally, and I hope for the world in some ways. Most of all, I loved working with these talented people,” Altman said in a statement on Channel X, adding that he “will have a More to say about what’s next later.”

Following Altman’s departure, OpenAI president and co-founder Greg Brockman Announce He resigned “based on today’s news.”

“I wish you all nothing but the best,” Brockman said in a message to the OpenAI team shared on X. “I continue to believe in the mission of creating safe general artificial intelligence that benefits all of humanity.”

Founded as a non-profit in 2015, OpenAI has risen to prominence since making ChatGPT available to the public a year ago. Altman announced earlier this month that the chatbot now has more than 100 million weekly users.

At the same time, the company has grown significantly. As of October, OpenAI was scheduled to generate more than $1 billion in revenue over the course of a full year through the sale of its AI products, according to The Information.

In January, Microsoft announced that it was investing $10 billion in OpenAI. The move deepens the long-standing relationship between Microsoft and OpenAI, which began with a $1 billion investment four years ago. Microsoft Bing search engine provides users with access to ChatGPT.

Speaking with ABC News’ Rebecca Jarvis in March, Altman said AI has the potential to profoundly improve people’s lives but also poses serious risks.

“We have to be careful here,” Altman said. “I think people should be happy that we’re a little scared of this.”

In May, Altman testified before Congress with a similarly sober message about AI products, including the latest version of ChatGPT called GPT-4. He called on lawmakers to impose regulations on artificial intelligence.

“GPT-4 is more likely to respond helpfully and truthfully, and reject malicious requests, than any other widely deployed model with similar capabilities,” Altman said.

“However, we believe that regulatory intervention by governments will be crucial to mitigate the risks of increasingly powerful models,” he added, suggesting the adoption of licenses or safety requirements necessary to operate AI models.

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