Chief technology officer Mira Murati appointed interim CEO to lead OpenAI; Sam Altman departs the company. Search process underway to identify permanent successor.
Their board is independent and as such do not have equity in the company - Microsoft is not part of this. It’s a very different dynamic.
Based on the language, if I HAD to guess, I’d say he straight up lied to the board or acted on something without them when they were supposed to be involved. Serious charter-violating stuff.
My guess is he hid a security breach from the SEC and the board. That makes the most sense as to what would prevent the board from being able to execute on their legal duties.
Their board is independent and as such do not have equity in the company - Microsoft is not part of this. It’s a very different dynamic.
Based on the language, if I HAD to guess, I’d say he straight up lied to the board or acted on something without them when they were supposed to be involved. Serious charter-violating stuff.
My guess is he hid a security breach from the SEC and the board. That makes the most sense as to what would prevent the board from being able to execute on their legal duties.