Sources: Some shareholders question Sam Altman's ability to lead OpenAI's IPO

Foresight News reported, according to The Wall Street Journal, that sources revealed some shareholders have doubts about OpenAI CEO Sam Altman’s ability to lead an IPO and are considering having Board Chairman Bret Taylor take over. However, both Bret Taylor himself and most investors still support Sam Altman remaining in his position.

Previously, when fusion startup Helion lagged behind in delivering on its promise of breakthrough energy and began facing financial constraints, Sam Altman asked OpenAI to spearhead a new round of fundraising for the company. Additionally, he sought OpenAI’s support for rocket manufacturer Stoke Space. These two investments are currently not part of OpenAI’s core business. The company recently informed employees it needs to cut back on side projects and focus on addressing mounting competitive pressure.