DIGIVESTASI - OpenAI has fired Sam Altman from its corporate venture pipeline. The startup that founded ChatGPT said in its filing with the US Securities and Exchange Commission (SEC) that Altman no longer owns or manages OpenAI's startup fund. The change was documented on March 29, 2024. Based on Reuters quotes on Tuesday (02/04/2024), the company said that although Mr. Altman was an owner, he was not interested in the financial company.

An OpenAI spokesperson said the previous General Partner (GP) structure was only temporary. This change is intended to provide further clarity. 

The role of fund controller has been held by Ian Hathaway since 2021. It was also stated that Mr. Altman is no longer the general partner of the company. For reference, the OpenAI Startup Fund has invested $175 million. The funding came from the company's partners, including Microsoft. The latest news follows five days of layoffs last November.

It was announced that Altman had been removed from his leadership position at OpenAI.  The board said the reason for the dismissal was Mr. Altman's lack of integrity. It was not made clear what Mr. Altman was hiding from the company.

"Mr. Altman's resignation relates to a careful review process by the Board which concluded that Mr. Altman was not consistently honest in his communications with the Board, thereby impacting the Board's ability to discharge its responsibilities." , the company's board said in a statement. a statement. Guardian. In addition to Altman, the company's other founder, Greg Brockman, was also removed as CEO. It was then announced that Mira Murati, OpenAI's CTO, would replace Altman. 

Just five days later, it was announced that Altman would return as CEO. At the same time, the company's board of directors conducted a comprehensive review.

Find more news and articles on Google News