OpenAI executives are leaving as Sam Altman company tries to raise funds: Report

OpenAI CTO Mira Murati and two executives have left as the company faces an exodus of leaders amidst efforts to secure billions in funding for AI development.OpenAI Chief Technology Officer Mira Murati and two other executives announced their departures as senior leaders of the ChatGPT maker has witnessed an exodus of senior leaders. This comes as the company is seeking billions of dollars in new funding to keep pace with its Big Tech rivals in the AI arms race,

Washington Post reported. Mira Murati joined the company in 2018 and had become OpenAI’s most prominent executive besides Sam Altman. She represented the company at product announcements and in media interviews. On X, she wrote, “I’m stepping away because I want to create the time and space to do my own exploration."Sam Altman said that Chief Research Officer Bob McGrew and a vice president of research Barret Zoph were also leaving the company. They said that they all made their decisions to leave independently.

Sam Altman said, “Leadership changes are a natural part of companies, especially companies that grow so quickly and are so demanding. I obviously won’t pretend it’s natural for this one to be so abrupt, but we are not a normal company."

Several OpenAI researchers have quit over the past year alleging the company hadn’t taken its own commitments to AI safety seriously enough. The turnover of personnel comes at a crucial time as OpenAI is in the midst of securing more than $100 billion in new investment funding. At the same time, the company is planning to restructure itself from being controlled by a nonprofit board bound to a charter that states OpenAI will ensure advanced AI benefits all of humanity,

into a for-profit benefit corporation.Just how do new tech and AI help companies, leaders, decision-makers, and CEOs? Let’s try and understand that first. We know that AI has the ability to demonstrate reasoning abilities that are on par with human beings. One of the strong points of using AI in any field of human endeavour and more so in business is that it can analyse vast amounts of data quickly, identifying patterns and providing data-driven insights. This ensures CEOs and decision-makers are better equipped to make sound business decisions.