Intel CEO Pat Gelsinger Retires
Intel CEO Pat Gelsinger retired from the company and has stepped down from the board of directors, effective December 1.
Three executives, including long-time CTO Mira Murati, announced they would be leaving OpenAI. The news comes as speculation emerged the company is set for a restructure.
Murati, who served as interim CEO following a row that saw CEO Sam Altman ousted and then rehired in 2023, told employees she had made the difficult decision to leave OpenAI after six-and-a-half years. Considered one of the key executives behind the ChatGPT platform, Murati helped propel OpenAI into the mainstream and become one of the most valuable companies in the technology sector.
She will be followed out the door by VP of Research Barret Zoph and Chief Research Officer Bob McGrew, who also announced their departures yesterday. In a post on X, Altman said Murati has been instrumental in OpenAI’s progress and a hugely significant factor in the development from an unknown research lab to an important company.
He also referred to Zoph and McGrew’s departures but said the trio had made their decisions to exit independently of each other and amicably. “The timing of Mira’s decision was such that it made sense to now do this all at once so that we can work together for a smooth handover to the next generation of leadership.”
News of the departures came shortly before Reuters reported the company is moving ahead with plans to establish a separate for-profit entity. It would run as a public benefit corporation committed to bettering society, in a bid to attract more investors, reported the outlet. The OpenAI non-profit will continue to exist and own a minority stake in the spin-off company. Reuters also reported Altman is in discussions with the board to acquire an equity stake in OpenAI for the first time.