TTB White LOGO TB
  • News
  • PC & Hardware
  • Mobiles
  • Gaming
  • Electronics
  • Gadget
  • Reviews
  • How To
Trending
Spotify Gives Discover Weekly More Control With New Genre Picks
Apple Vision Pro M5 Chip: 2025 Launch, Roadmap Details
YouTube Raises Livestream Age to 16: New 2025 Rules
Nvidia RTX 50 Super Leak: Up to 24 GB VRAM and 415 W TGP
Samsung Tri Fold Phone Rumored to Debut in July with October Release
Tuesday, Jul 1, 2025
The Tech BasicThe Tech Basic
Font ResizerAa
Search
  • News
  • PC & Hardware
  • Mobiles
  • Gaming
  • Electronics
  • Gadget
  • Reviews
  • How To
Follow US
OpenAI
The Tech Basic > News > Executive Shake-Up at OpenAI with Altman’s Ouster Sparks Investor Backlash and Speculation
News

Executive Shake-Up at OpenAI with Altman’s Ouster Sparks Investor Backlash and Speculation

Evelyn Blake
Last updated: 19 November 2023 18:55
Evelyn Blake
Share
SHARE

Both Sam Altman and Greg Brockman, high-ranking executives at OpenAI, with Altman serving as the CEO, departed the startup after a tumultuous meeting last Friday. However, there are ongoing rumors suggesting that they are currently in discussions with board members to make a comeback to the company.

OpenAI

Please follow us on Twitter and Facebook.

The catalyst for this debate was the negative response from investors and Altman supporters to his departure. This group exerted pressure on the startup’s board to reinstate him. Six sources, speaking on the condition of anonymity, confirmed this information to The New York Times.

Microsoft, a major investor that injected $13 billion into OpenAI, is reported to be a leading force behind the campaign advocating for Altman’s return. Investors from OpenAI, who have expressed support for Altman’s reinstatement, have also signaled their willingness to invest further should Altman decide to embark on a new venture. Discussions about such a possibility began almost immediately after Altman’s forced departure, according to insiders.

However, there is no guarantee that both Altman and Brockman will return to OpenAI. The company operates under the control of a nonprofit organization, with the board wielding the authority to govern the activities of its AI-focused subsidiary. Consequently, investors may not have an official say in determining the fate of the startup or its leadership.

The San Francisco-based startup gained significant attention last year with the launch of the ChatGPT chatbot, showcasing the capabilities of artificial intelligence. Altman, as one of the founders of OpenAI, swiftly became a prominent figure in the AI industry. Meanwhile, tech giants like Google, Meta, and others raced to assert their dominance in the field.

The abrupt announcement from OpenAI on Friday revealed that Altman had been removed as CEO by the board, citing that “he had not been consistently forthcoming in his communications with the board.” However, the board refrained from providing additional details.

According to reports, Altman was invited to a video meeting with the board and was promptly dismissed, as stated by Brockman. Despite being the chairman of the company’s board, Brockman clarified that he did not participate in the meeting and subsequently announced his departure from the company.

Our best picks for you;

SAMSUNG NOW HAS ITS OWN CHATGPT, THIS IS SAMSUNG GAUSS

SAMSUNG FOOD IS AN APPLICATION THAT CAN GENERATE RECIPES USING ARTIFICIAL INTELLIGENCE.

 

Share This Article
Facebook Reddit Copy Link Print
Share
Evelyn Blake
By Evelyn Blake
Follow:
Evelyn Blake is an investor in technology and journalist who has been in the nascent space since 2014. Her love and passion for technological innovations made her delve deeper into the world of technology evolution. As a journalist, Evelyn has been covering latest trends and emerging gadgetries. She is a philanthropist and human rights activist.

Let's Connect

FacebookLike
XFollow
PinterestPin
InstagramFollow
Google NewsFollow
FlipboardFollow

Popular Posts

Spotify

Spotify Gives Discover Weekly More Control With New Genre Picks

Salman Akhtar
Apple Vision Pro

Apple Vision Pro M5 Chip: 2025 Launch, Roadmap Details

Salman Akhtar
YouTube

YouTube Raises Livestream Age to 16: New 2025 Rules

Salman Akhtar
Nvidia

Nvidia RTX 50 Super Leak: Up to 24 GB VRAM and 415 W TGP

Salman Akhtar

You Might Also Like

Samsung Tri Fold Phone
News

Samsung Tri Fold Phone Rumored to Debut in July with October Release

Meta
News

Meta Eyes PlayAI Acquisition for Voice Cloning Technology

TikTok
News

How TikTok’s Bulletin Boards Will Change Brand Engagement

DeepSeek
News

German Privacy Watchdog Forces Apple and Google to Drop DeepSeek

Social Networks

Facebook-f Twitter Instagram Pinterest Rss

Company

  • About Us
  • Our Team
  • Contact Us

Policies

  • Disclaimer
  • Privacy Policy
  • Cookies Policy
Latest
Google Labs Launches Doppl to Help You Preview Style on Your Own Body
Publishers Gain New Revenue Options with Google Offerwall Launch
Windows Blue Screen of Death Replaced by Black Error Screen in 2025 Update
DeepSeek R2 Model Delayed: Nvidia Chip Shortage & Performance Concerns
YouTube Turns Search Into Suggestions—Smarter Trips Begin Here

© 2024 The Tech Basic INC. 700 – 2 Park Avenue New York, NY.

TTB White LOGO TB
Follow US
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?