OpenAI says Sam Altman exits as CEO after board loses confidence

News Snapshot:

Sam Altman, Chief Executive Officer of OpenAI, and Mira Murati, Chief Technology Officer of OpenAI, speak during The Wall Street Journal's WSJ Tech Live Conference in Laguna Beach, California on October 17, 2023. OpenAI's board of directors said Friday that Sam Altman will step down as CEO and will be replaced by technology chief Mira Murati. The company said it conducted "a deliberative review process" and "concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities." "The board no longer has confidence in his ability to continue leading OpenAI," the...