Cryptocurrency News

Who is the new OpenAI CEO Emmet Shear?

2a406b11 68a0 42a0 afa1 91d8e110dfc4


The Microsoft-backed artificial intelligence (AI) company OpenAI had a major shift in leadership over the weekend after its board of directors abruptly ousted former CEO and co-founder Sam Altman on Nov. 17. 

In the days following the board received pressure to reinstate Altman as CEO and meanwhile chief technology officer Mira Murati was appointed as interim CEO of the company.

However, on Nov. 20, three days after Altman’s departure, OpenAI announced its new CEO to be Emmett Shear. Shear is the co-founder and former CEO of the video streaming platform Twitch, which is owned by Amazon.

5204c0ef 4978 4e5e a052 716dfa80061f
Emmett Shear, new CEO of OpenAI. Source: Reddit

Shortly after the announcement surfaced, Shear took to X and confirmed his acceptance of the new role with a lengthy post about his future plans for the company. He said he stepped down from Twitch due to becoming a father and did not take the decision “lightly” when approached by the OpenAI board.

He said the process around the “removal” of Altman was, “handled very badly, which has seriously damaged our trust.” 

According to the new CEO in the next 30 days he plans to hire a private investigator to dig through the events that led up to his hiring, speak with remaining employees and reform management and leadership.

“OpenAI’s stability and success are too important to allow turmoil to disrupt them like this,” he said. “I will endeavor to address the key concerns as well, although in many cases I believe it may take longer than a month to achieve true progress.”

Related: Sam Altman’s OpenAI ouster sees rollercoaster Worldcoin price

He also clarified in his post that prior to taking the role he checked the “reasoning” behind the change and stated that:

“The board did *not* remove Sam over any specific disagreement on safety, their reasoning was completely different from that.”

Shear also served as a part-time partner at venture capital firm Y Combinator and is a graduate of Yale University with a degree in Bachelor of Science with a major in computer science. 

Since his appointment as replacement CEO of Altman, images have begun circulating on social media of the two executives together in a “Y Combinator” class. 

Earlier this year, Shear appeared on a podcast in which he called advanced AI an “intrinsically very dangerous thing because intelligence is power.”

Hours before OpenAI named its new CEO, Big Tech giant Microsoft, a majority backer of OpenAI, announced that it would be hiring both Altman and former board member and president Greg Brockman. 

Magazine: ‘AI has killed the industry’: EasyTranslate boss on adapting to change