Sam Altman Exits OpenAI as CEO; Worldcoin Value Plummets by 12%

• OpenAI Dismisses CEO Sam Altman
• Reasons Behind Altman's Departure
• Impact on Altman's Cryptocurrency Project
• Further Reading: Inside the Launch of Worldcoin
• Mira Murati Appointed as Interim CEO

OpenAI Dismisses CEO Sam Altman

The AI company OpenAI has removed Sam Altman from his position as CEO and from the board, as announced in a blog post on Friday by the board of directors.

Reasons Behind Altman's Departure

Following a thorough review process, the board came to a decision that Altman had not been consistently transparent in his communications with them, thereby obstructing its ability to fulfill its duties. Consequently, the board expressed a lack of confidence in Altman's capacity to continue to lead OpenAI.

Impact on Altman's Cryptocurrency Project

The news had an immediate impact on Worldcoin (WLD), Altman's eye-scanning cryptocurrency project, as its value plummeted by 12% in the aftermath of the announcement.

Further Reading: Inside the Launch of Worldcoin

For more information on this, refer to the untold story of Worldcoin's launch, which gives a detailed account of the project.

Mira Murati Appointed as Interim CEO

Mira Murati, the company's chief technology officer, has been selected as the interim CEO, as the search for a permanent successor continues. Simultaneously, Greg Brockman, one of the co-founders of OpenAI, has been relieved of his chairman of the board position. However, he will stay on as the company's president, reporting to Murati.

Edited by Jonathan Stoker