Sam Altman's abrupt firing from his role as CEO of OpenAI came as a shock, as he had been actively promoting the company and AI industry in his public appearances up until his dismissal. Altman spoke at OpenAI's DevDay on November 6th where he announced new products and Microsoft CEO Satya Nadella made a surprise appearance to discuss their partnership. Altman was informed of his firing by cofounder Ilya Sutskever in a meeting with board members on Friday where he was dismissed. OpenAI president Greg Brockman was also stripped of his chairman role but remained as president, though he later resigned as well. The board said it no longer had confidence in Altman's ability to lead OpenAI but did not cite any specific reasons for his dismissal.
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00:00 It's Benzinga and here's what's on the block.
00:02 Sam Altman's abrupt firing from his role as CEO of OpenAI came as a shock as he had
00:06 been actively promoting the company and AI industry in his public appearances up until
00:10 his dismissal.
00:11 Altman spoke at OpenAI's Dev Day on November 6th where he announced new products and Microsoft
00:16 CEO Satya Nadella made a surprise appearance to discuss their partnership.
00:20 Altman was informed of his firing by co-founder Ilya Tsutskever in a meeting with board members
00:24 on Friday where he was dismissed.
00:26 OpenAI president Greg Brockman was also stripped of his chairman role but remained as president
00:30 although he later resigned as well.
00:32 The board said it no longer had confidence in Altman's ability to lead OpenAI but did
00:36 not cite any specific reasons for his dismissal.
00:39 For all things money, visit Benzinga.com.
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