November 18, 2023

WORLD Last Updated: November 18, 2023, 10:10 AM IST. OpenAI Faces Leadership Turmoil: Sam Altman Steps Down as CEO – What’s Next? OpenAI, a Leading Force in AI Innovation, Announces Major Leadership Shake-Up Key Highlights: Sam Altman steps down as CEO, with Mira Murati stepping in as interim CEO. Co-founder Greg Brockman announces his departure from the company. OpenAI continues its trajectory of rapid growth and innovation. The tech world experienced a significant shake-up recently, with Sam Altman stepping down as CEO of OpenAI. This unexpected development, announced by the company’s board, points to concerns over Altman’s communication with them. Altman, a key figure since co-founding OpenAI in 2015, played a pivotal role in launching ChatGPT and fostering an AI boom. His leadership since 2019 has been crucial for OpenAI’s growth and prominence. In another surprising turn of events, Greg Brockman, OpenAI’s president and co-founder, also announced his departure. He expressed pride in the company’s achievements since its inception but chose to resign in light of the day’s developments. His announcement came despite earlier statements about stepping down as board chairman while retaining the presidency. The interim CEO role will be filled by Mira Murati, OpenAI’s Chief Technology Officer. A Tesla veteran, Murati joined OpenAI in 2018 and brings a wealth of experience, including her involvement with the U.N.’s AI advisory body. Under Altman’s leadership, OpenAI underwent a significant transformation in 2019. The company shifted from a purely non-profit organization to a hybrid model with a capped return for new investors. This change enabled a strategic partnership with Microsoft, leading to substantial investments and support in developing the GPT series of language models. Despite these board-level changes, OpenAI’s commitment to advancing AI technology remains steadfast. Microsoft, a key partner, reaffirmed its support for the company under Murati’s leadership, signaling confidence in OpenAI’s future direction. Altman, reflecting on his tenure at OpenAI, expressed that it was a transformative experience. He hinted at sharing more about his future plans at a later date. Founded in 2015 as a non-profit, OpenAI’s rise to fame was notably accelerated by the public release of ChatGPT, now boasting over 100 million weekly users. The company’s rapid growth has been remarkable, with projections of generating over $1 billion in revenue from its AI products. Microsoft’s substantial investment in OpenAI, including a recent $10 billion infusion, has deepened their existing relationship. This partnership is notably evident in Microsoft’s integration of ChatGPT into its Bing search engine. Altman has been a vocal advocate for responsible AI development. He underscored the need for caution and regulatory oversight in AI technology, advocating for regulations to mitigate the risks associated with powerful AI models. His testimony before Congress highlighted these concerns, particularly regarding the latest version of ChatGPT, GPT-4. With Altman and Brockman’s departures, OpenAI’s board now comprises primarily external members, including notable figures such as Ilya Sutskever, OpenAI’s chief scientist, and Adam D’Angelo, CEO of Quora. This shift indicates a new chapter for OpenAI, one that continues to prioritize innovation and safety in the rapidly evolving field of artificial intelligence. Latest News World Elon Musk and the White House: A Collision Course over Hate Speech November 18, 2023 // World // Science & Tech,World OpenAI Faces Leadership Turmoil: Sam Altman Steps Down as CEO – What’s Next? November 18, 2023 // Science & Tech,World // Science & Tech Cosmic Shockwave: How a Distant Supernova Impacted Earth’s Ozone Layer November 17, 2023 // Science & Tech // Health Rising Concern: Zika Virus Cases Escalate in Maharashtra November 17, 2023 // Health // Entertainment Streaming Now: Ravi Teja’s ‘Tiger Nageswara Rao’ Drops Early on OTT November 17, 2023 // Entertainment // World News Elon Musk and the White House: A Collision Course over Hate Speech November 18, 2023 OpenAI Faces Leadership Turmoil: Sam Altman Steps Down as CEO – What’s Next? November 18, 2023 Iceland Declares State of Emergency After 800 Earthquakes in 14 Hours November 11, 2023 End of an Era: Omegle Shuts Down Amidst Controversy and Calls for Online Safety November 9, 2023 This Week No posts found.