BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BREAKING NEWS

OpenAI CEO Sam Altman Departs as Board Finds Him Unfit to Lead

BlockNews.com Team by BlockNews.com Team
November 17, 2023
in BREAKING NEWS, BUSINESS, FEATURED, MEDIA, TECHNOLOGY
#image_title

#image_title

Share on XShare in TelegramShare on Reddit
  • Sam Altman is stepping down as OpenAI’s CEO and leaving the board after the board lost confidence in his leadership due to lack of transparency.
  • OpenAI CTO Mira Murati will take over as interim CEO during the transition period as she has extensive leadership experience at OpenAI.
  • Despite the leadership turmoil, OpenAI’s independent-majority board remains committed to the company’s mission of developing AI safely for broad benefit.

OpenAI, the AI research company, announced a major leadership change today. Sam Altman is stepping down as CEO and leaving the board of directors. The company’s CTO, Mira Murati, will take over as interim CEO.

Background on OpenAI

OpenAI was founded in 2015 as a non-profit to ensure that artificial general intelligence benefits humanity. In 2019, it restructured to allow outside investment while preserving the nonprofit mission and oversight. The board aims to advance OpenAI’s charter of using AI safely for broad benefit.

Departure of Sam Altman

After reviewing Altman’s performance, the board concluded he was not consistently transparent with them. This undermined their oversight duties. As a result, the board has lost confidence in Altman’s leadership. He is immediately departing as CEO and leaving the board.

🚨 NEWS: @OpenAI Announces Departure of CEO Sam Altman.

CTO Mira Murati Appointed Interim CEO.

The change follows a board review questioning Altman's candidness and his ability to lead. pic.twitter.com/eDxt0BSsEH

— BlockNews.com (@blocknewsdotcom) November 17, 2023

Mira Murati Named Interim CEO

Murati has been part of OpenAI’s leadership for 5 years. She has overseen research, products, and safety. Her experience makes her well-qualified to lead during the transition, per the board. She will temporarily assume the CEO role while the board searches for a permanent replacement.

Board Commitment to OpenAI’s Mission

Despite the turmoil, OpenAI’s independent-majority board remains committed to the company’s mission. They believe new leadership is necessary going forward. The board has full confidence in Murati to steer OpenAI at this time.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BusinessOpenAI
TweetShareShare
BlockNews.com Team

BlockNews.com Team

The go-to news source for Cryptocurrency, Blockchain, Technology, & Finance

DON'T MISS THESE! HOT OFF THE PRESS

Crypto’s Quiet Setup for a Bigger Move Ahead: What You Need to Know
BITCOIN

Crypto’s Quiet Setup for a Bigger Move Ahead: What You Need to Know

December 9, 2025
BTC Flips Green Year-to-date: Why Things Are Heating Up for Bitcoin and the Market
BITCOIN

BTC Flips Green Year-to-date: Why Things Are Heating Up for Bitcoin and the Market

December 9, 2025
US Allows NVIDIA to Export H200 AI Chips to China – Here Is What This Policy Shift Really Signals
FINANCE

US Allows NVIDIA to Export H200 AI Chips to China – Here Is What This Policy Shift Really Signals

December 8, 2025
Zcash Rebounds After Defending $310 As Bulls Attempt Trend Breakout – Here Is Whether ZEC Can Keep Climbing
CRYPTO

Zcash Rebounds After Defending $310 As Bulls Attempt Trend Breakout – Here Is Whether ZEC Can Keep Climbing

December 8, 2025
Meta Prepares Deep Metaverse Budget Cuts of Up to 30% – Here Is What Zuckerberg Plans Next
OPINION

Meta Prepares Deep Metaverse Budget Cuts of Up to 30% – Here Is What Zuckerberg Plans Next

December 4, 2025
CLASH Weekly Tournament Update: Pro vs Normal Circuits Return This Week
CRYPTO

CLASH Weekly Tournament Update: Pro vs Normal Circuits Return This Week

December 3, 2025
Load More

Related News

Shiba Inu Struggles To Reclaim Momentum as Investors Eye a Zero Deletion Soon – Here Is What Could Trigger It

Shiba Inu Struggles To Reclaim Momentum as Investors Eye a Zero Deletion Soon – Here Is What Could Trigger It

December 10, 2025
Powell Signals Rate Hikes Are Off the Table After Latest Cut – Here Is What That Means for Markets

Powell Signals Rate Hikes Are Off the Table After Latest Cut – Here Is What That Means for Markets

December 10, 2025
TON Holds Above Key Support Ahead of Fed Decision – Here Is What Traders Should Watch

TON Holds Above Key Support Ahead of Fed Decision – Here Is What Traders Should Watch

December 10, 2025
Fed Cuts Rates by 25bps as Markets Brace for 2026 Shift – Here Is What It Means for Bitcoin

Fed Cuts Rates by 25bps as Markets Brace for 2026 Shift – Here Is What It Means for Bitcoin

December 10, 2025
Bitcoin’s Bottom is in and Here is Why — A Bold Call from the “World’s Highest IQ”

Bitcoin’s Bottom is in and Here is Why — A Bold Call from the “World’s Highest IQ”

December 10, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews