Get All Access for $5/mo

Sam Altman Joins Microsoft After Sudden Firing From OpenAI The OpenAI co-founder was ousted on Friday afternoon, sending the tech world into a tizzy.

By Emily Rella

Getty Images

The dramatic cycle of firing, hiring, and change at Open AI has taken another turn as co-founder and now ex-CEO Sam Altman has announced that he will be joining Microsoft in an attempt to help the company rev up its presence in the AI space.

Altman will be joined by Greg Brockman, the former president and co-founder of Open AI who quit after Altman was fired by the Board on Friday.

Related: 'The Board No Longer Has Confidence In His Ability': ChatGPT Fires Controversial CEO Sam Altman

Microsoft CEO Satya Nadella confirmed the news on X, noting that the two men would be joined by other colleagues and that the team is looking forward to "moving quickly" on getting the ball rolling.

Microsoft currently holds a $13 billion stake in Open AI.

On Friday, Altman was fired after a "deliberative review process" by the company's Board, which alleged that the founder was "not consistently candid in his communications" and that the Board moving forward would "no longer have confidence" in Altman leading the company

Altman took to X on Friday to share his thoughts on his departure and the future of the company, calling his firing a "weird experience" and an "unexpected" turn of events.

On Monday, Altman alluded that he and the other Open AI employees — namely Mira Murati, COO Brad Lightcap, and Chief Strategy Officer Jason Kwon — would all "work together some way or other" and that they remained "one team, one mission."

Murati was replaced as interim CEO by Emmer Shear (the former CEO of Twitch) and has resumed her role as Chief Technology Officer.

Related: Who Is OpenAI Co-Founder Sam Altman?

Though not much is specifically known about the reasoning behind Altman's departure, Lightcap penned an internal company memo to address the rumors and speculations.

"We can say definitively that the board's decision was not made in response to malfeasance or anything related to our financial, business, safety, or security/privacy practices," he wrote. "This was a breakdown in communication between Sam and the board."

Altman co-founded OpenAI in 2015 (alongside other names including Elon Musk) and instantly became a pioneer in the technology industry after rolling out the infamous ChatGPT last year.

"I think if this technology goes wrong, it can go quite wrong, and we want to be vocal about that. We want to work with the government to prevent that from happening," Altman said during a Senate hearing in May at a conference discussing the regulation of AI technology. "But we try to be very clear-eyed about what the downside case is and the work that we have to do to mitigate that."

This is a developing story.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Side Hustle

10 Online Side Hustles Proven to Boost Your Bank Account

Even the busiest schedules can accommodate finding a precious few hours to create a profitable online venture — something that many are already mastering.