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Worldcoin Price Heads Up in Anticipation of Altman’s Possible Return As OpenAI CEO

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Worldcoin price (WLD) heads up from $1.86 on November 18, to $2.133 when writing this news, driven by the potential return of Altman as OpenAI’s CEO. Following his removal from the position, the OpenAI board is in talks with the ousted CEO to return (as reported by theverge.com) as the company’s CEO.  

 

The OpenAI board’s discussion with Sam Altman after a day he was fired might be the result of pressure from major investors and employees in the company. Investors including Microsoft (which reportedly owns a 49% stake in the company) are worried about the damage to the company due to the mass exodus of talent without Altman. They are discussing pressuring the board to restore Altman as CEO.

 

According to the source, Altman (as an option) is considering launching a new artificial intelligence company backed by some core OpenAI researchers and loyal employees to Altman. Khosla Ventures, an early investor in OpenAI, is ready to back Altman in any future endeavors.

Khosla Ventures

 

Altman, a co-founder of Worldcoin alongside Max Novendstern and Alex Blania in 2019, was removed from his position as OpenAI’s CEO due to alleged issues with transparent communication that impacted the board’s responsibilities. The board of directors, in a blog post on Friday, expressed a loss of confidence in Altman’s ability to continue leading OpenAI.

However, following Altman’s removal, some company employees expressed solidarity for joining Altman in starting a new company, whereas others considered quitting if Altman was not reappointed as OpenAI CEO by Saturday.


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