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

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
Why is Crypto Pumping Today? $300 Billion Floods Into the Market as Institutions Reopen the Gates
BITCOIN

Why is Crypto Pumping Today? $300 Billion Floods Into the Market as Institutions Reopen the Gates

December 2, 2025
Why is Crypto Dumping Today? $240B Erased as Bitcoin Falls Below $85,000
BITCOIN

Why is Crypto Dumping Today? $240B Erased as Bitcoin Falls Below $85,000

December 1, 2025
3 Reasons Why Crypto Pumped This Week — and Where the $300B Came From
BITCOIN

3 Reasons Why Crypto Pumped This Week — and Where the $300B Came From

November 28, 2025
Record-Breaking 2026 Tax Refunds Are Coming — Here Is What Americans Can Expect Next Year
FEATURED

Record-Breaking 2026 Tax Refunds Are Coming — Here Is What Americans Can Expect Next Year

November 26, 2025
Load More

Related News

XRP Faces Critical Support at $1.90 After Sentiment Crash – Here Is How a Breakout Could Trigger Next

XRP Faces Critical Support at $1.90 After Sentiment Crash – Here Is How a Breakout Could Trigger Next

December 5, 2025
Investor Mood Turns Bearish as XRP Struggles — But Analyst Says Many Will Return Too Late

Investor Mood Turns Bearish as XRP Struggles — But Analyst Says Many Will Return Too Late

December 5, 2025
Tight ETH Supply, Strong On-Chain Demand And Clean Technical Setups Align – Here Is How This Could Fuel The Next Rally

Tight ETH Supply, Strong On-Chain Demand And Clean Technical Setups Align – Here Is How This Could Fuel The Next Rally

December 5, 2025
Bitcoin Faces Short-Term Pressure but Long-Term Target Hits $170K – Here Is How Analysts See the Next Move

Bitcoin Faces Short-Term Pressure but Long-Term Target Hits $170K – Here Is How Analysts See the Next Move

December 5, 2025
Polymarket Odds Show Rising Doubt for Bitcoin’s 2025 Rally – Here Is Why Traders Are Turning Cautious

Polymarket Odds Show Rising Doubt for Bitcoin’s 2025 Rally – Here Is Why Traders Are Turning Cautious

December 5, 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