Former CEO of Twitch Emmett Shear Succeeds Sam Altman as CEO of OpenAI

OpenAI recently announced the appointment of Emmett Shear, former head of Twitch, as its new CEO, succeeding Sam Altman. This decision followed a sudden change in leadership, with Altman being ousted due to alleged communication issues with the board.

Emmett Shear, previously CEO of Twitch and a co-founder of Justin.tv, transitioned into the role after stepping down from Twitch in March. He brings with him a background that includes a stint as a part-time partner at Y Combinator, where Altman was previously involved before joining OpenAI.

Reports surfaced about the chaotic situation at OpenAI, revealing that the board had removed Altman and appointed Mira Murati, the technology chief, as an interim replacement. The move came as a surprise to many, prompting efforts by a group of investors—such as Microsoft, Tiger Global, Thrive Capital, and Sequoia Capital—to reverse the decision despite not holding board seats and being unaware of the board’s actions.

Altman, in a late Saturday post, expressed his affection for the OpenAI team, with Murati and others responding positively. OpenAI gained significant attention after the release of its ChatGPT chatbot in late 2022, allowing users to engage in sophisticated conversations by inputting simple text queries.

The company, initially structured as a nonprofit in 2015, didn’t follow the conventional equity ownership pattern of Silicon Valley startups. Rather, the board oversaw its activities, as highlighted in a recent blog post.

Have you read?  
U.S. Counties With the Worst Quality of Life In Every State.
Ranking Of The Best Female Business Leaders In Asia, 2023.
List Of Ships Being Constructed For The United States Navy.
Ranked: Best Love Triangles In Movie History.
The Billionaire’s Social Calendar: 2024 Event Calendar for the Ultra-Wealthy.

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Email Address*

Name