HomeNewsBusinessCompaniesMicrosoft-backed OpenAI’s CTO Mira Murati resigns amid wave of executive departures

Microsoft-backed OpenAI’s CTO Mira Murati resigns amid wave of executive departures

Murati has been with OpenAI for over six years, having joined in 2017. She briefly stepped into the role of CEO during the company’s leadership turmoil in November, following the board’s temporary ousting of Altman.

September 26, 2024 / 07:10 IST
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As CTO, Murati was a prominent public figure at OpenAI
As CTO, Murati was a prominent public figure at OpenAI

Mira Murati, Chief Technology Officer at Microsoft-backed OpenAI, has announced her departure from the artificial intelligence startup, marking the latest in a series of executive exits this year. Murati, who played a key role in OpenAI’s advancements, shared the news via a post on X (formerly Twitter), stating her desire to "create the time and space to do [her] own exploration."

In her message, Murati expressed gratitude towards OpenAI CEO Sam Altman and co-founder Greg Brockman, reflecting on their collaborative success in pushing the boundaries of AI. “I have made the difficult decision to leave OpenAI,” she wrote, thanking the team for their work together.

Just hours after Murati’s announcement, OpenAI CEO Sam Altman revealed that two additional senior technical leaders, Barret Zoph, VP of Research, and Bob McGrew, Chief Research Officer, also resigned. Their exits are the latest in a series of leadership changes at the company.

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These departures come as OpenAI prepares to finalise a significant $6.5 billion funding round, which could value the company at $150 billion, according to a report by Reuters. The financing deal reportedly hinges on restructuring OpenAI into a for-profit benefit corporation, a move that would also grant Altman an equity stake, the report added. It remains unclear if Murati’s exit will impact the ongoing fundraising efforts, as such agreements often include clauses that allow investors to reconsider terms in the event of major leadership changes.

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