Sign In  |  Register  |  About Menlo Park  |  Contact Us

Menlo Park, CA
September 01, 2020 1:28pm
7-Day Forecast | Traffic
  • Search Hotels in Menlo Park

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Sam Altman named as Time magazine's CEO of the Year

OpenAI founder and CEO Sam Altman has been named Time magazine's "CEO of the Year" after wrestling control of his company back from a rogue board last month.

OpenAI founder Sam Altman has been chosen by Time magazine as "CEO of the year."

Altman, who recently wrestled control of the company he founded back from a runaway board, has returned to the forefront of artificial intelligence development.

"Building superintelligence is going to be a society-wide project," Altman told Time. "We would like to be one of the shapers, but it’s not going to be something that one company just does. It will be far bigger than any one company."

SAM ALTMAN HAS OFFICIALLY BEEN REINSTATED ATOP OPENAI AS CEO

"And I think we’re in a position where we’re gonna get to provide that input no matter what at this point. Unless we really screw up badly," he added.

Altman confirmed last month that he was returning to the helm at OpenAI as CEO, nearly two weeks after he was ousted from the company he co-founded.

OpenAI was in turmoil following Altman's ouster, as nearly all the company's 770 or so employees signed a letter threatening to join Altman at Microsoft unless he was reinstated, and the board stepped down.

OPENAI BRINGS BACK SAM ALTMAN AS CEO, ESTABLISHES NEW BOARD DAYS AFTER CO-FOUNDER'S OUSTER

In a blog post on OpenAI, Altman said he was returning, his replacement would resume their previous role and the new initial board would consist of Bret Taylor as chair, Larry Summers and Adam D’Angelo.

Altman then went into three immediate priorities for the artificial intelligence company, which are advancing the research plan, continuing to improve and deploy products while serving customers, and expanding its board.

"We’re unable to disclose specific details until the board’s independent review is complete. We look forward to the findings of the review and continue to stand behind Sam," an OpenAI spokesperson told Time magazine.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The spokesperson added, "Our primary focus remains on developing and releasing useful and safe AI, and supporting the new board as they work to make improvements to our governance structure." 

ChatGPT — OpenAI's flagship product — celebrated its one-year anniversary on Nov. 30.

A UBS study released on Feb. 1 estimated that ChatGPT had reached 100 million active users in January – just two months after its launch – making it one of the fastest-growing consumer applications in history.

Fox News Digital's Greg Wehner and Breck Dumas contributed to this report.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 MenloPark.com & California Media Partners, LLC. All rights reserved.