“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities,” OpenAI’s post said. “The board no longer has confidence in his ability to continue leading OpenAI.”
The article also says:
Rumors and speculation swirled on social media, with tech industry heads, reporters, and onlookers trying to make sense of the situation based on what little information was provided in the board’s announcement. Tech journalist Kara Swisher quickly reported that based on what information she had from sources, there was a “misalignment” between OpenAI’s for-profit side, represented by Altman, and the nonprofit side, which is controlled by the board.
As far as I know the exact issue was not made public, but basically the board is there to make sure the company puts ethics over profits. Altman was hiding stuff from the board (presumably because they would consider it in conflict with their goal), and so the board fired him. But then there was an uproar from the investors, Microsoft almost ended up hiring half the company as they threatened to resign in droves, and in the end the board resigned and was replaced.
Did they kick the CEO out for doing this or was it because of something else?
This summary article says the board stated:
The article also says:
As far as I know the exact issue was not made public, but basically the board is there to make sure the company puts ethics over profits. Altman was hiding stuff from the board (presumably because they would consider it in conflict with their goal), and so the board fired him. But then there was an uproar from the investors, Microsoft almost ended up hiring half the company as they threatened to resign in droves, and in the end the board resigned and was replaced.
Does that answer the question?