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Published 4 months ago

OpenAI is a nonprofit-corporate hybrid: A management expert explains how this model works − and how it fueled the tumult around CEO Sam Altman's short-lived ouster

Summary by Ground News
The board of OpenAI fired Sam Altman, its chief executive officer, in late November 2023. Chaos ensued as investors and employees rebelled. Altman returned triumphantly to the OpenAI fold amid staff euphoria. The structure of the board overseeing a for-profit subsidiary seems to have played a role in the drama.

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