OpenAI CEO denies on link between departures of executives and firm’s restructuring

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OpenAI CEO denies on link between departures of executives and firm's restructuring
OpenAI CEO denies on link between departures of executives and firm's restructuring

On Thursday, Sam Altman refuted any connection between the departure of three top OpenAI executives and the company’s upcoming restructure, which he claimed the board has been debating for several months.

Mira Murati, the long-time chief technical officer of the top AI company in the world, abruptly announced her resignation on Wednesday. Barret Zoph and Bob McGrew, two senior research leaders, announced their departure from the organization within hours of one another.

In an effort to attract investors, OpenAI is planning to convert its primary business into a for-profit benefit corporation that will be independent of its non-profit board, according to a report published by Reuters on the same day.

OpenAI CEO Altman said during a speech on stage at the Italian Tech Week conference in Turin that “some stuff” that was reported about the executives’ leaving was false and that the personnel changes had nothing to do with the restructuring.

He said to John Elkann, the head of the automakers Stellantis and Ferrari, “That’s totally not true.”

“A lot of the stuff I saw was also just totally wrong, but we have been thinking about that (restructuring), our board has, for almost a year, independently, as we think about what it takes to get to our next stage.”

Prizing the outgoing leaders, Altman said he was eager to engage more closely with technical workers and streamline the organization’s structure.

“I have not been as involved in the tech recently as other things; because there’s been so much going on, I’m excited to do that,” he said.

“This will be, hopefully, a great transition for everyone involved, and OpenAI will be stronger for it, as we are for all our transitions.”

The proposed restructuring’s specifics shed light on important internal developments that have taken place at one of the leading AI businesses in the world.

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