Open AI names ex-Twitch chief Emmett Shear as new Interim CEO following Sam Altman's ouster: Reports
Open AI has named former Twitch CEO and co-founder Emmett Shear as the company's interim CEO, media reports said.
If media reports are to be believed then former CEO Sam Altman will not return to the company which created ChatGPT bot.
Emmett Shear, the co-founder of Twitch, a popular video game streaming platform Amazon acquired in 2014, will be named the company’s interim CEO, replacing Mira Murati, who was named interim CEO in a management reshuffle Friday, a person familiar with the development told The Washington Post.
Shear’s surprise appointment comes after OpenAI’s four-person board refused to step down and let Altman return, sources told The Verge.
Open AI on Friday (November 17, 2023) sacked CEO Sam Altman, prompting the co-founder Greg Brockman to quit soon after.
The company said in a statement: "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 board no longer has confidence in his ability to continue leading OpenAI."
Who is Emmett Shear?
Shear is an American internet entrepreneur, and investor.
He served as a part-time partner at venture capital firm Y Combinator.
He became the CEO of Twitch in 2011.
E-commerce major Amazon acquired it for nearly $1 billion in 2014.
Shear quit Twitch in March 2023.
Before his professional career started, Shear received a Bachelor of Science with a major in computer science from Yale University in 2005.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
18 Bangladeshi immigrants escape from Narsingarh detention camp
Belonia Women PS refused to register gang rape case, suggests victim to lodge complaint before Gram Panchayat
Crackdown on high decibel fire cracker launched by district administration, TSPCB
Odia Samaj Tripura bring free healthcare to Durgabari tea estate community
