OpenAI has appointed Emmett Shear as its new interim CEO after removing former CEO Sama Altman from his position. This was announced in an internal memo sent to the company staff, which expressed the board’s confidence in Shear’s ability to lead the company. The board also stated that they stand by their decision to remove Altman, citing his behavior and lack of transparency as reasons for his dismissal.

The memo did not specify the exact reasons for Altman’s removal, but it emphasized the importance of honesty and transparency between executives and the board of directors. Microsoft, a major investor in OpenAI, was reportedly taken by surprise by Altman’s departure. They were only informed of his termination a minute before it was publicly announced.

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