00:00 It's Benzinga and here's what's on the block.
00:02 Helen Toner, a former OpenAI board member, discussed on a podcast why CEO Sam Altman
00:07 was fired in November. Helen Toner stated that Sam Altman was fired because he failed to inform
00:12 the OpenAI board about the release of ChatGPT and his ownership of the OpenAI startup fund,
00:18 compromising the board's mission to prioritize public good over profits.
00:22 Two OpenAI executives told the board in October they couldn't trust Altman and
00:25 questioned if he could lead the company to artificial general intelligence.
00:29 Altman was rehired as CEO within a week, but Toner and another board member who voted to
00:34 fire him were removed. An investigation found the prior board acted in good faith but didn't
00:39 oversee instability after Altman's firing. For all things money, visit Benzinga.com.
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