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OpenAI shareholders conspire to replace Altman again, dissatisfied with his attention being divided by various "side projects."

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PANews
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3 hours ago
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PANews April 18 news, according to Wall Street Watch, more than two years ago the grand “palace drama” at OpenAI is still a hot topic for outside observers. Now, a new personnel upheaval may be brewing — OpenAI's shareholders are considering replacing Sam Altman once again. According to media reports, some OpenAI investors believe that Altman has been distracted by various “side projects,” raising doubts about whether he is still suitable to lead OpenAI to an IPO, and are turning their attention to another executive. On April 18 alone, three core members of OpenAI announced their resignations, including Sora founder Bill Peebles, OpenAI Chief Product Officer Kevin Weil, and Corporate Application CTO Srinivas Narayanan.

It is worth noting that just a few days ago, another report pointed out that OpenAI's $85.2 billion valuation is being questioned, and some investors are extremely dissatisfied with the company's business direction. An early investor bluntly stated: “You have a ChatGPT business with a user scale of one billion and an annual growth rate of 50% to 100%, yet you are still talking about the enterprise market and code tools? This is a company that seriously lacks focus.” Moreover, secondary market data shows that demand for Anthropic stocks is now exceeding that for OpenAI, and buyers are willing to pay a valuation premium for Anthropic for the first time.

Concerns regarding “whether Altman can be qualified as a CEO of a public company” have long existed, primarily rooted in his personal investments. When Altman was removed from his position, some members of the OpenAI board questioned his investments in other “side projects.” Altman has always insisted that he holds no shares in OpenAI to avoid any interference of financial motives in decision-making.

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