OpenAI’s CEO Was Fired. Here’s Why.

#shorts #Sam Altman #OpenAIs now-teetering board #Bloomberg #burgeoning AI era Sam Altman, the CEO of OpenAI, was fired because he wasn’t “candid” with the board. It turns out he was working on a side hustle to start a chip company that would compete with Nvidia. He was also working on a secret AI hardware project with Jony Ive. The board was worried that this would disrupt their plans to sell their shares at an $86 billion valuation. Also, Altman’s co-founder, Ilya Sutskever, felt that OpenAI was not paying enough attention to safety standards. So, Altman was fired. But Sutskever has now backtracked and said he regrets his decision.

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