‘Top executive draws power to himself at OpenAI, drastically changes course’
OpenAI is undergoing major changes, with a significant drain on senior technical staff as CEO Sam Altman strengthens control. Consideration is being given to giving 7% of the shares to Altman and changing the company’s stock price to generate profits. This has led to unrest within the company, with the departure of technology director Mira Murati who wants more room for his own research.
Discussions about profitability have been ongoing for some time, leading to chaos and Altman’s temporary dismissal in 2023. Now the CTO and two other researchers are also stepping down, after key staff members left earlier. Shareholders such as Microsoft, Apple and Nvidia have been pressing for a focus on profits, which could potentially give OpenAI a $150 billion valuation in a subsequent investment round.
Source: BNR News