The board of directors at OpenAI is reportedly receiving criticism from investors over the decision to terminate its CEO, Sam Altman.
According to a Nov. 19 Bloomberg report citing people familiar with the matter, several investors in OpenAI — the artificial intelligence (AI) company behind ChatGPT — are reportedly in contact with its largest shareholder, Microsoft, in an effort to reinstate Altman as CEO.
On Nov. 17, OpenAI announced the removal of Altman as CEO, with its chief technology officer Mira Murati stepping into the position.
In a blog post, the board claimed that Altman’s communication lacked clarity and honesty, making it challenging to obtain a comprehensive understanding of the operations.
Thrive Capital, anticipated to spearhead a tender offer for employee shares, has reportedly not sent the funds yet, and Altman’s departure is poised to impact its course of action.
Reportedly, Thrive wants the board to reengage both Altman and Greg Brockman, its president, who departed on Friday shortly after Altman was removed from the company.
Sam and I are shocked and saddened by what the board did today.
Let us first say thank you to all the incredible people who we have worked with at OpenAI, our customers, our investors, and all of those who have been reaching out.
We too are still trying to figure out exactly…
— Greg Brockman (@gdb) November 18, 2023
Brockman announced his departure after it was revealed that Altman had been dropped by the board.
“Based on today’s news, I quit,” Brockman declared in a post on X (formerly Twitter).
Following the news,
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Author: Ciaran Lyons
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