OpenAI announced late Friday that CEO Sam Altman is stepping down, saying the company’s board “no longer has confidence in his ability” to lead the AI startup backed by Microsoft (MSFT). MSFT stock wavered in extended trading.
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“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,” the company said in a blog…
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