OpenAI has named co-founder and former Twitch CEO Emmett Shear as its new CEO. OpenAI is an artificial intelligence (AI) startup.
Sam Altman was dismissed from his position as CEO of OpenAI last week after the board expressed lack of faith in his ability to guide the business due to allegations that “he was not consistently candid in his communications.”
On Monday, Shear posted on his X page (formerly Twitter), stating that he felt he had “a duty to help” OpenAI.
Cryptocurrency tokens with an AI focus saw a surge over the weekend despite the drama at OpenAI, following Elon Musk’s announcement that X Corp shareholders would own a quarter of the new AI venture, xAI. There have also been rumours that Altman may rejoin the OpenAI board, providing traders with even more bullish news.