OpenAI’s Ex-CEO Planning New Venture: Report

Sun Nov 19 2023
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WASHINGTON:  Sam Altman, the recently removed Chief Executive Officer of OpenAI, has been telling investors that he is making a plan to initiate a new venture, local media reported on Saturday.

Former OpenAI head Greg Brockman is likely to join the effort and the project is still in progress, the media reported quoting a person familiar with the development.

Altman and Greg Brockman did not issue any statement over their new Planning in Artificial Intelligence industry.

OpenAI’s Ex-CEO Planning New Venture: Report

Earlier, in September, some section of media reported that Sam Altman and Apple’s ex-design head Jony Ive have been talking building a new AI hardware device. It also added at the time that SoftBank Chief Executive Officer Masayoshi Son has also been involved in the discussion.

Earlier, OpenAI, the firm behind the ChatGPT, sacked its Chief Executive Office and founder, Sam Altman, on Friday.  The firm, in a statement, stated an internal probe found that Sam Altman was not always truthful with the board of the company.

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“Sam Altman’s exit follows a deliberative review process by the board of the company, which concluded that he was not reliably truthful in his interaction with the board, impeding its capability to exercise its tasks,” the firm said in its statement. “The board of the firm no longer has complete confidence in his capability to continue leading OpenAI.”

OpenAI said that Mira Murati, the firm’s chief technology officer, will serve as interim Chief Executive Officer until a permanent CEO is chosen. Co-founder Brockman also quit shortly after the development.

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