OpenAI Sees Mass Exodus of Top Executives in Strategic Pivot

Published On Sun Sep 29 2024
OpenAI Sees Mass Exodus of Top Executives in Strategic Pivot

3 OpenAI Executives Leave as Company Goes for-profit

Three more top executives at OpenAI have announced their departure from the company. Most surprisingly, it includes Chief Technology Officer Mira Murati. The other two are OpenAI’s Chief Research Officer Bob McGrew and Vice President of Research Barret Zoph.

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The news came on Wednesday afternoon through a post on X. “My six-and-a-half years with the OpenAI team have been an extraordinary privilege. There’s never an ideal time to step away from a place one cherishes, yet this moment feels right.” – Mira Murati

She had played a pivotal role in the development of ChatGPT and Dall-E. She was also appointed the interim CEO when Altman was briefly ousted from the company in November 2022. Over the last few months, OpenAI has witnessed many key departures.

Both McGrew and Zoph also announced their departure through X. McGrew shared a text screenshot with a message dedicated to AI while Zoph said it’s a natural point for him to explore something new and the team is being left in good hands. In a post on X, Sam Altman addressed these departures and said that all three of them had made this decision independently.

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After Bob McGrew and Barret Zoph made their announcements, Altman updated his post and acknowledged their departures as well. In the same post, he announced the replacements.

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The string of departures is no coincidence. It’s a result of OpenAI’s plans to restructure the company. It initially started out as a non-profit research lab in 2015. But a few years later, a for-profit unit was established. And now, there are talks about restructuring the company in a way that will help generate more funds from investors. A new fundraising round is already being talked about, which can take the value of the company to $150 billion.

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And some of the team members are not happy with this change. The original vision for the company that encouraged them to be a part of this journey is no longer the same and they don’t want to be a part of this new vision.

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