Ex-Twitch CEO Emmett Shear Takes Reins as New OpenAI Chief

Jonathan Stoker Nov 20, 2023, 12:15pm 248 views

Ex-Twitch CEO Emmett Shear Takes Reins as New OpenAI Chief

Emmett Shear Takes Helm as CEO of AI Firm OpenAI

Emmett Shear, the co-founder and ex-CEO of Twitch, the renowned streaming platform, has been named the new CEO of the artificial intelligence company, OpenAI. The change in leadership comes after Sam Altman was removed as CEO by the OpenAI board, citing a lack of confidence in his capacity to effectively guide the company. The decision was primarily driven by allegations stating that Altman was not being consistently straightforward in his interactions.

Shear's Commitment to OpenAI

Shear expressed his commitment to aid OpenAI going forward, as announced on his X, previously referred to as Twitter, page on Monday.

Crypto Tokens in the AI Space Experience Boost

In spite of the recent upheaval at OpenAI, cryptocurrency tokens with a focus on AI experienced a rally over the weekend. This surge came in the wake of an announcement by X's high-profile CEO, Elon Musk, stating that shareholders of its parent company, X Corp, would command a 25% stake in the new AI venture, xAI.

Altman's Potential Return to OpenAI

There are rumors surfacing about the possibility of Altman making a comeback to the OpenAI board. This prospect presents a favorable sign for traders, instilling further optimism in the market.

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Edited by Jonathan Stoker

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