The departure of Sam Altman as the chief executive of the giant tech firm OpenAI has triggered a top-level exodus. A source privy to the information stated that the departure of Altman from OpenAI has deepened the leadership shakeup.
In a recent meeting, the OpenAI board of directors complained that they lacked confidence in Altman’s leadership. After careful consideration, the board agreed to remove Altman from office, citing that he “was not candid in his communications with the board.”
OpenAI Hit by Major Exodus of Key Executives
They regretted that lack of proper communication hindered the board from attaining its core objectives. The OpenAI team appointed Mira Maruti as the interim CEO. The tech company revealed plans to recruit a suitable candidate to succeed Altman.
Hours after the OpenAI team removed Altman from office, the chairman of the board of directors, Greg Brockman, announced plans to leave office. The departure of one of the biggest stars in the artificial intelligence industry has marked a shocking turn of events for OpenAI as three key executives in the research division have revealed plans to resign from their posts.
A November 17 announcement revealed that the OpenAI director of research, Jakub Pachocki, and an official in risk management, Aleksander Madry, had revealed plans to step down from office. Also, Szymon Sidor, a key player in the OpenAI research, will be resigning from his research duties.
According to the source familiar with the situation, the three executives expressed their disappointment with Altman’s removal from office.
Sam Altman Leaves Office
In a separate report, another OpenAI employee Alex Cohen updated X that he was dismissed from work. In his previous role, Cohen worked closely with the OpenAI board of directors and assisted them in preparing presentations. The official regretted that the OpenAI team did not provide further details concerning his dismissal.
The departure of Cohen and the resignation of high-profile executives have raised concerns about whether the tech company was preparing for a massive layoff. Cohen predicted that approximately 40% of the OpenAI team were actively searching for new job openings.
The executive stated that Altman and Brockman played a critical role in onboarding more customers to OpenAI. He regretted that the departure of OpenAI core players could undermine the company’s efforts to sustain its customer base and attract new clients.
Worldcoin Market Outlook
Even though the OpenAI did not mention whether Altman maintained a healthy work relationship, the outgoing CEO had some misunderstandings with chief scientist Ilya Sutskever. According to the report, Altman and Sutskever had engaged in a heated argument concerning the impending fundraising to support OpenAI in optimizing its operations.
News concerning the OpenAI leadership transition has triggered Worldcoin (WLD) to showcase a remarkable recovery. According to CoinMarketCap, WLD increased by 23% to trade at $2.44 in the last 24 hours. The WLD established an upward trajectory, pushing the daily trading volume to reach $256 million, a 42% increase in a day.
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