Open AI fires CEO Sam Altman as board lost confidence in his ability

Sam Altman was fired as CEO of OpenAI, the company that developed ChatGPT on Friday. The company said, “The board lost confidence in his ability to lead” in a statement.

“Mr Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities,” the company said in a blog post.

“The board no longer has confidence in his ability to continue leading OpenAI,” the company added.

This follows an increase in deepfake incidents in India, where a number of Bollywood actresses were duped, including Rashmika Mandanna, Katrina Kaif, and Kajol.

The company also announced that it will hold a formal search for a permanent CEO and that Mira Murati, Chief Technology Officer of OpenAI, will take on the role of interim CEO.

Altman took to X (formerly X) and said, “I loved my time at OpenAI. It was transformative for me personally, and hopefully the world a little bit. Most of all I loved working with such talented people. Will have more to say about what’s next later.”

The company also announced that it will hold a formal search for a permanent CEO and that Mira Murati, Chief Technology Officer of OpenAI, will take on the role of interim CEO.

With the help of significant funding from Microsoft, OpenAI launched its ChatGPT chatbot in November of last year, sparking the generative AI movement and quickly rising to the top of the global software applications.

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