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    Home»Markets»Stocks»Sam Altman’s tumultuous weekend By Reuters
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    Sam Altman’s tumultuous weekend By Reuters

    Press RoomBy Press RoomNovember 20, 2023No Comments2 Mins Read
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    From OpenAI ouster to Microsoft AI research CEO: Sam Altman's tumultuous weekend
    © Reuters. FILE PHOTO: Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria/File Photo

    (Reuters) – Following a surprise ouster, OpenAI co-founder and former CEO Sam Altman joined Microsoft (NASDAQ:) as the head of artificial intelligence research along with the ChatGPT maker’s former President Greg Brockman and other staff.

    The developments come less than a year after OpenAI kicked off the generative AI frenzy with the launch of viral chatbot ChatGPT and bagged Microsoft as an investor, among other big names.

    The shakeup is not the first at OpenAI, which was launched in 2015. Tesla (NASDAQ:) CEO Elon Musk, a co-founder of the non-profit, was once its co-chair, and in 2020 other executives departed, going on to found competitor Anthropic, which claims to have a greater focus on AI safety.

    Date Event

    Nov. 17 OpenAI board fires CEO, co-founder Sam Altman

    and President Greg Brockman quits after being

    removed from the board. Company names Mira

    Murati as interim CEO

    Nov. 18 Altman’s firing was over a “breakdown in

    communication between Sam and the board,” and

    not “malfeasance”, COO Brad Lightcap says in

    an internal memo

    Nov. 18 Early investor Khosla Ventures says it wants

    Altman back at OpenAI, “but will back him in

    whatever he does next”

    Nov. 18 Some employees contemplated quitting if Altman

    was not restored as CEO by the end of the

    weekend, while others expressed support for

    joining his new venture, people familiar with

    the matter said

    Nov. 19 Altman discusses a possible return to the

    company, considers launching new AI startup,

    source tells Reuters

    Nov. 20 Microsoft CEO Satya Nadella says the Windows

    maker has hired Altman, Brockman and their

    colleagues to lead a new advanced AI research

    team

    Nov. 20 OpenAI appoints former Twitch boss Emmett

    Shear as interim CEO

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