{"id":143334,"date":"2024-09-27T16:29:04","date_gmt":"2024-09-27T16:29:04","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/09\/27\/openais-sam-altman-denies-executives-departure-linked-to-restructuring\/"},"modified":"2024-09-27T16:29:04","modified_gmt":"2024-09-27T16:29:04","slug":"openais-sam-altman-denies-executives-departure-linked-to-restructuring","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/09\/27\/openais-sam-altman-denies-executives-departure-linked-to-restructuring\/","title":{"rendered":"OpenAI’s Sam Altman Denies Executives’ Departure Linked to Restructuring"},"content":{"rendered":"
\"OpenAI’s<\/div>


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Sam Altman denied on Thursday that there was any link between the departure of three senior OpenAI executives and a planned restructuring of the company which he said the board had been considering for several months.<\/p>\n

The world-leading AI<\/a>\u00a0firm’s longtime chief technology officer Mira Murati abruptly announced<\/a> her departure on Wednesday. Within hours, two senior research executives Barret Zoph and Bob McGrew revealed they were also leaving the company.<\/p>\n

On the same day, Reuters reported OpenAI <\/a>was working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, in a move aimed at making the company more attractive to investors.<\/p>\n

Speaking on stage at the Italian Tech Week conference in Turin, OpenAI CEO Altman<\/a>\u00a0said that “some stuff” reported around the executives’ departures was inaccurate, adding that the personnel changes were unrelated to the restructuring.<\/p>\n

“That’s totally not true,” he told event organiser John Elkann, the chairman of car companies Ferrari and Stellantis.<\/p>\n

“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.”<\/p>\n

Altman praised the departing executives, adding he was excited to simplify the company’s structure and work more closely with technical staff.<\/p>\n

“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.<\/p>\n

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

Details of the proposed restructure highlight significant changes behind the scenes at one of the world’s top AI companies.<\/p>\n

Sources told Reuters the plans were still being negotiated between lawyers and shareholders at the time of writing, with the timeline for completion still uncertain.<\/p>\n

\u00a9 Thomson Reuters 2024<\/em><\/p>\n

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)<\/i><\/p>\n<\/div>\n


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Sam Altman denied on Thursday that there was any link between the departure of three senior OpenAI executives and a planned restructuring of the company which he said the board had been considering for several months. The world-leading AI\u00a0firm’s longtime chief technology officer Mira Murati abruptly announced her departure on Wednesday. Within hours, two senior […]<\/p>\n","protected":false},"author":2,"featured_media":143335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/i.gadgets360cdn.com\/large\/sam_altman_409338060_bloomberg_1711182226536.jpg","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[1274,30142,10240,1454,6535,10651,1109,1101,114002,19885,14990,935],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/143334"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=143334"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/143334\/revisions"}],"predecessor-version":[{"id":143336,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/143334\/revisions\/143336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/143335"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=143334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=143334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=143334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}