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- OpenAI just announced that Sam Altman is out as CEO.
- The news comes as a surprise — it's highly uncommon for boards to make such sudden announcements about a CEO.
- OpenAI seemed to be doing well and just had a splashy event.
I want to level with you: We have no idea why Sam Altman is out as CEO at OpenAI.
The board announced a "leadership transition" late Friday.