OpenAI Investors Consider Suing the Board After CEO's Firing
OpenAI investors are considering suing the company’s board after its sudden firing of CEO Sam Altman last week, according to sources familiar with the matter. The board’s firing of Altman sparked a wave of potential departures from the company as well. JUST IN: OpenAI investors consider suing the board after firing CEO Sam Altman. — Watcher.Guru (@WatcherGuru) November 20, 2023 Investors are reportedly working with legal advisers to study options on approaching the tech company’s recent decision. No official decision has been made if these investors will sue OpenAI’s board yet. The sources add that investors are worried that the hundreds of millions invested in OpenAI could suffer catastrophic losses as a result of what appears to be a potential collapse of the AI startup. Wired reported that over 500 OpenAI employees signed a protest letter threatening to walk out after Altman’s firing as well. Since his firing, Sam Altman has joi...