OpenAI's Sam Altman to depart as company's CEO

INSUBCONTINENT EXCLUSIVE:
38-year-old Altman into an instant celebrity, winning him an audience with world leaders including US President Joe Biden and UK Prime
Minister Rishi Sunak
while simultaneously warning of their potential to end mankind
His departure came as a surprise to those both inside and outside of the company: Altman was still sending regular emails to employees as of
co-founder Ilya Sutskever said in a meeting with staff just hours after the bombshell announcement, according to a person who was in
attendance.As CEO, Altman turned OpenAI into the most consequential AI company in the world
The company was recently in talks to sell employee shares to investors at a valuation of $86 billion
Both tools leverage a technology that trains on vast swathes of digital data and can produce human-like content such as images, text and
code when prompted.Watch: What ChatGPT's Sam Altman thinks of AI regulation and election disinformationFounded in 2015, OpenAI released
ChatGPT about a year ago, setting off a rush of interest in AI technology
About 100 million people use ChatGPT each week, the company said in November, and more than 90% of Fortune 500 businesses are building tools
The company provides its software to businesses, and is on track to have annual revenue of about $1 billion, Bloomberg reported in August.At
the same time, OpenAI is facing growing competition from well-funded rival products developed at other startups and tech giants, including
have been thrown into limbo, according to people familiar with the matter
Some transactions are on hold and some have been cancelled outright, the people said.Those inside and outside the company were left to
Pieter Abbeel, a professor at the University of California, Berkeley and an AI startup founder who worked as a research scientist at OpenAI
Abbeel noted that while Altman was one of several key employees at the company, he was instrumental in leading OpenAI and raising the
tremendous amount of money needed for it to build increasingly powerful AI models.Rowan Curran, a senior analyst at Forrester who covers
She was made CTO last year
believes she is uniquely qualified for the role and anticipates a seamless transition while it conducts a formal search for a permanent
WatchChatGPT's Sam Altman on AI, regulation: If this technology goes wrong, it can go quite wrong