Breaking: OpenAI Fires CEO Sam Altman, Worldcoin (WLD) Plummets by 12%

On 17th of November 2023, ChatGPT’s developer, OpenAI removed Sam Altman from the post of Chief Executive Officer (CEO). The news came across the X (formerly Twitter) that the board of directors has decided on the change in leadership. Former CEO of OpenAI, Sam Altman will be removed from the position and the Chief Technology Officer (CTO), Mira Murati will be working as the interim CEO.

After the news spread into the market, Worldcoin (WLD) dropped by 12% in the last 24 hours. Sam Altman, the founder of Worldcoin (WLD) shared his positive remarks on social media, showing his best intentions about the firm and his experience at OpenAI.

OpenAI’s Removes Sam Altman as its CEO

It is believed that OpenAI’s board of directors decided to fire Sam Altman because of losing confidence in him. The board shares that he was not in proper communication with the directors regarding the operations of OpenAI. Upon the spread of this news, Altman couldn’t respond immediately, however, as the news spread in the market, Worldcoin plummeted by 12% in no time.

OpenAI’s board of directors has been reviewing Sam Altman’s performance over the last couple of weeks and now decided to replace Sam Altman with Mira Murati for the post of CEO. The board of directors assure the community that the decision was taken for the betterment of the firm and that OpenAI will keep evolving to serve the people in a better way.

Also Read: Study shows that ChatGPT’s Performance is Declining Day by Day

Sam Altman Reacts

Sam Altman showed a positive response to the decision taken by the board of directors of OpenAI. Although he couldn’t respond immediately, he shared a tweet later on and expressed his emotion and positive remarks about working at OpenAI.

He said that he loved his time at OpenAI as he learned a lot there and has high regard for the firm. He is looking forward to learning more in the coming years and exploring the growing tech. industry in the coming year.