- Published on November 20, 2023
- In Global Tech
Stop the OpenAI Drama, Please
If this continues, OpenAI might go bankrupt by the end of 2024.
Image by Nikhil Kumar
- By Mohit Pandey
“I’m tired of the OpenAI drama. The only thing that is clear is they need some proper corporate governance,” said Naveen Rao, the founder of Databricks. The unfolding drama is straight out of the movies.
The still-developing story, which started over the weekend with Sam Altman getting fired from the post of the CEO of OpenAI, has a lot of lessons for other companies. The first is to be extremely careful when making decisions that could bring your company’s value from “$90 billion to a Taco Bell dollar menu overnight,” as AI advisor Vin Vashishta said.
Another biggest mistake was the company going closed doors. “The ‘open’ in OpenAI is all about open source,” said Elon Musk, highlighting that the company has become a closed source for maximum profit company, w
📣 Want to advertise in AIM? Book here
Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
Related Posts
Top 10 Companies That Crowned Hyderabad as India’s Greenfield GCC Leader in 2025
Telangana has attracted over 75 greenfield GCCs in 2025, compared with 40-plus in Karnataka.
The AI Coding Gold Rush Ends Where Harness Begins
“Only 30% of software engineering happens on the laptop. The real 70% starts after you commit the code,” says Jyoti
How Gradient-Boosting is Quietly Powering India’s Research Push
From groundwater and slopes to carbon sinks, tools like CatBoost are enabling Indian scientists to extract insights and drive sustainability.
India’s Data Centre Boom Is Running Into a Talent Wall
With capacity expected to more than double this decade, the industry is investing in training as graduates struggle to meet
This Firm Wants to be the ‘Next Big Disruptor’ in Networking
Arrcus positions itself as a horizontal software layer that can run across different types of networking hardware.
Will 2026 be the year of AI IPOs?
With CoreWeave’s listing and Fractal Analytics going for an IPO, an array of AI companies are now looking to raise
Fighting Deepfakes May Not Be a Technology Problem
Defenders must be active at all times, while attackers need only one opportunity.
India’s Data Centre Expansion Is Decentralising
Without compute buildup beyond metros, the next wave of digital adoption will be constrained
Download the easiest way to
stay informed
stay informed
