OpenAI is hiring former Twitch CEO Emmett Shear to run company two days after ousting Sam Altman

OpenAI is bringing in former Twitch CEO Emmett Shear to run the artificial intelligence company, two days after the sudden ouster of Sam Altman, CNBC has confirmed. OpenAIs board announced late Friday that it was removing Altman and replacing him on an interim basis with technology chief Mira Murati. OpenAI, which was reportedly in talks as recently as last month to sell employee shares to investors at an $86 billion valuation, emerged as a household name this year after releasing its ChatGPT chatbot in late 2022. ChatGPT allows users to type in simple text queries and retrieve smart-sounding answers that can lead to more in-depth conversations. Unlike most Silicon Valley startups, OpenAI wasnt structured like a typical corporation with large chunks of equity controlled by the founders.