Close Menu
  • Home
  • News
  • Startups
  • Innovation
  • Industry
  • Business
  • Green Innovations
  • Venture Capital
  • Market Data
    • Economic Calendar
    • Stocks
    • Commodities
    • Crypto
    • Forex
Facebook X (Twitter) Instagram
[gtranslate]
Facebook X (Twitter) Instagram YouTube
Innovation & Industry
Banner
  • Home
  • News
  • Startups
  • Innovation
  • Industry
  • Business
  • Green Innovations
  • Venture Capital
  • Market Data
    • Economic Calendar
    • Stocks
    • Commodities
    • Crypto
    • Forex
Login
Innovation & Industry
Startups

Most of OpenAI’s employees threaten to quit if Sam Altman isn’t reappointed CEO

News RoomNews RoomNovember 20, 2023No Comments3 Mins Read

The OpenAI saga continues.

This morning, Ilya Sutskever, the AI startup’s chief scientist and board director, published a mea culpa of sorts on X (formerly) Twitter. Sutskever was among those who pushed to abruptly remove former Y Combinator president Sam Altman as CEO of OpenAI and demote Greg Brockman, the company’s president, from his position as board chairman:

I deeply regret my participation in the board’s actions. I never intended to harm OpenAI. I love everything we’ve built together and I will do everything I can to reunite the company.

— Ilya Sutskever (@ilyasut) November 20, 2023

Why the about-face? Well, a couple of reasons come to mind:

  1. Nearly 500 of OpenAI’s roughly 770 employees — including, remarkably, Sutskever — have signed a letter saying that they might quit unless the startup’s board resigns and reappoints the ousted Altman. “The process through which [the board] terminated Altman and removed Brockman from the board has jeopardized all of this work and undermined our mission and company,” the letter reads. “Your conduct has made it clear you didn’t have the competence to oversee OpenAI.”
  2. Altman joined Microsoft to lead a research lab alongside Brockman, where the two will — in Microsoft CEO Satya Nadella’s words — “set a new pace for innovation.” Nadella suggested that other OpenAI colleagues would be welcome to join and given the “resources needed for their success.” (Mr. Altman responded cryptically, writing on X, “the mission continues.”)

So Sutskever’s stuck between a rock and a hard place. Investors aren’t pleased with the outcome of the weekend’s debacle, putting OpenAI’s financing in jeopardy; Microsoft, once a close partner, is now positioning itself as a rival; and OpenAI employees are already leaving the ranks in protest.

But he only has himself to blame.

As recently as Sunday, Sutskever — along with the rest of OpenAI’s board — released a statement saying that the board “stood by its decision as the only path to advance and defend the mission of OpenAI” and criticized “Sam’s behavior and lack of transparency.” And — rather than capitulate and bow to Altman’s reported demands for returning as CEO, including restructuring OpenAI’s board and appointing new board members — the board hired a new interim CEO, former Twitch co-founder Emmett Shear.

What primarily precipitated Altman’s removal, according to reporting over the weekend, was clashes with Sutskever over differences in reducing AI’s potential harm to the public. Sutskever feared that OpenAI was commercializing its technologies too quickly at the expense of safety; he was said to be “infuriated” by a number of announcements at OpenAI’s first annual developer conference, DevDay, like custom GPTs that OpenAI has said may one day run autonomously.

Sutskever said during a company all-hands meeting on Friday that he felt removing Altman was “necessary” to protect OpenAI’s mission of “making AI beneficial to humanity,” However, he nor the board didn’t cite — and still haven’t cited — specific incidents involving Altman as the cause for removing him.

The board unceremoniously announced Altman’s firing Friday afternoon — opting not to give investors, or employees, any sort of heads up. By Friday evening — telegraphing his move to Microsoft, as it’d turn out — Altman was pitching a new AI startup to investors and planned to start the company with Brockman.



Read the full article here

Related Articles

Learn how to master cap table management with Fidelity Private Shares

Startups April 16, 2024

Consumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV

Startups April 16, 2024

Investors and founders can meet their match with Cherub, the ‘Raya of angel investing’

Startups April 16, 2024

Loft Labs brings power of virtualization to Kubernetes clusters

Startups April 16, 2024

Indaband’s new app lets you create music with people around the world

Startups April 16, 2024

GovDash aims to help businesses use AI to land government contracts

Startups April 16, 2024
Add A Comment
Leave A Reply Cancel Reply

Copyright © 2026. Innovation & Industry. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?