00:00 OpenAI's erstwhile boss, Sam Altman, will not return to the company as CEO, despite
00:05 efforts from the company's executives to bring him back.
00:08 OpenAI took the world by storm with generative AI, ChatGPT.
00:13 The Information reports X-Twitch boss Emmett Shear will become the new interim CEO.
00:18 The board of the company on Friday, November 17, fired Altman, who was the human face of
00:22 generative AI, sending shockwaves across the tech industry.
00:26 Directors of the company, now worth about $80 billion, cited Altman's failure to be
00:31 consistently candid in his communications.
00:34 Altman, the company's biggest fundraiser, reportedly single-handedly convinced Microsoft
00:39 to commit $10 billion to the company.
00:41 Altman posted on Sunday an image of himself wearing an OpenAI guest badge with the caption,
00:46 "First and last time I ever wear one of these."
00:49 Altman's sacking angered current and former employees, fueling worries for an upcoming
00:53 $86 billion share sale.
00:55 (upbeat music)
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