AI giant OpenAI fires CEO Sam Altman and Here's why

Microsoft-backed ChatGPT maker OpenAI has fired its CEO Sam Altman as the board no longer believes in his ability to lead the company.

While announcing the departure of Sam Altman, OpenAI said it has appointed current chief technology officer (CTO) Mira Murati as interim CEO until it finds a permanent successor.

It's worth mentioning that co-founder Greg Brockman will also be stepping down as chairman of the board and will remain in his role at the company, reporting to the CEO.

Reflecting on his tenure, Altman, in a tweet, wrote, "I loved my time at OpenAI. It was transformative for me personally and, hopefully, the world a little bit. Most of all, I loved working with such talented people." He concluded with a hint of future plans, stating, "Will have more to say about what's next later."

Why did OpenAI fire Sam Altman?

Explaining the reason behind his departure, OpenAI said that the decision came after "a deliberative review process," during which concerns arose about Altman's transparency with the board, ultimately hindering its oversight functions.