On Friday, OpenAI’s board of directors announced in a blog post that its CEO Sam Altman is exiting the company. In the interim, Mira Murati, who previously served as chief technology officer, will assume the position.
“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 the post. “The board no longer has confidence in his ability to continue leading OpenAI.”
After helping to found OpenAI in 2015, Altman has become a high-profile tech executive in the last year following the company’s release of ChatGPT. Open AI is currently exploring a new round of funding that would put its value at more than $80 billion and will help to fuel GPT-5.