OpenAI Employee Stock Sales Plan Threatened After Sam Altman's Dismissal

Greg Brockman, president and co-founder of OpenAI (photo: x @gbd)

The plan to sell shares of OpenAI employees who will assess the startup is around US$86 billion (Rp1,264.7 trillion) theoretically in an uncertain situation after the sudden dismissal of the CEO Sam Altman and a number of other chief executives. This was first reported by The Information on Saturday, November 18.

The tender offer, led by Thrive Capital, has not been closed but is in the final stages and is expected to be completed soon. OPENAI and Thrive Capital did not immediately respond to a Reuters request for comment.

Sam and I are shocked and saddened by what the board did today.Let us first say thank you to all the incredible people who we have worked with at OpenAI, our customers, our investors, and all of those who have been reaching out.We too are still trying to figure out exactly…

— Greg Brockman (@gdb) November 18, 2023

Sam and I are shocked and saddened by what the board did today. Let us first say thank you to all the impossible people who we have worked with at OpenAI, our customers, our investors, and all of those who have been reaching out. We too are still trying to figure out exactly...

This news came after the company's board behind ChatGPT sacked Altman on Friday, November 17.

Greg Brockman, president and co-founder of OpenAI, who stepped down from the board as chairman, as part of a management overhaul, also left the company.

The departure surprised many employees who were aware of the sudden changes in management through the company's internal message and public blog.

Ditopang oleh miliar dolar dari Microsoft, yang tidak memiliki kursi dewan dalam lembaga nirlaba yang mengatur startup tersebut, OpenAI memulai gebrakan intelijen buatan generif pada November tahun lalu dengan merilis ChatGPT.