
the staff of the Ridgewood blog
Ridgewood NJ, on Friday, Silicon Valley experienced a significant upheaval as Sam Altman, co-founder of OpenAI and a prominent advocate for artificial intelligence, was ousted by the board of directors. Altman’s dismissal stemmed from an escalating dispute with fellow co-founder Ilya Sutskever over the speed and safety of product rollouts, disagreements regarding Altman’s fundraising efforts for a separate AI chip company, and a project involving AI-related hardware with former Apple designer Jony Ive. The board may have been uncomfortable with Altman using OpenAI’s name for fundraising and the proposed companies not adhering to OpenAI’s capped-profit governance model. Former OpenAI President Greg Brockman, who resigned alongside Altman, expressed shock and sadness, hinting at the possibility of launching a competing company. Altman’s exit could have far-reaching implications for the AI industry and the futuristic technology he championed. While founder dismissals are not uncommon in Silicon Valley, Altman’s departure may leave a significant impact on the industry.
Former Chairman of Google Eric Schmidt said on X formerly known as twitter , “Sam Altman is a hero of mine. He built a company from nothing to $90 Billion in value, and changed our collective world forever. I can’t wait to see what he does next. I, and billions of people, will benefit from his future work- it’s going to be simply incredible.”
He’s now a Microsoft employee….
MSFT had a nice 2% pop on the news today
Bunch of weirdos fighting with each other.