Sam Altman loses position as CEO of OpenAI
November 17 2023
Sam Altman has been ousted from his roles as CEO and board member of the nonprofit OpenAI following a board review that found issues with his candor in interactions with the board, reportedly hindering their ability to execute their responsibilities. This decision has led to a change in leadership, with previous Chief Technology Officer Mira Murati taking over as interim CEO. Greg Brockman, co-founder of OpenAI along with Altman, will no longer serve as board chairman, but will continue as president of the organization. A search for a permanent CEO for OpenAI is set to commence immediately.
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What does it mean?
- CEO: This stands for Chief Executive Officer, and it is the highest-ranking person in a company or other institution, ultimately responsible for taking managerial decisions.
- Board Member: A person who is part of a group of individuals that are elected to oversee the management and direction of an organization.
- Nonprofit: A type of organization that uses its revenues to further achieve its purpose or mission, rather than distributing its income to the organization's leaders, shareholders, owners, or investors.
- OpenAI: A research organization committed to ensuring that artificial general intelligence (AGI) can be aligned with human values, can be robustly and verifiably controlled, and that its benefits are broadly shared.
- Chief Technology Officer (CTO): An executive who is responsible for managing an organization's technological needs and research and development (R&D).
- Interim CEO: A temporary CEO who is appointed to lead a company until a full-time CEO can be found.
- Co-founder: A person who, together with one or more individuals, helps to establish a company or organization.
- Board Chairman: The person who leads the board of directors in a company or other organization.
- President of the organization: An executive position that is typically second in command in an organization, and takes over if the CEO cannot serve.
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