Nov 20, 2023

The token associated with Sam Altman's eye-scanning cryptocurrency project dropped as low as 12% last Friday, after artificial intelligence company OpenAI ousted Sam Altman as CEO and from the board.

Video transcript

The chart of the day is presented by, the leading crypto platform trusted by over 80 million users worldwide. All right, let's take a look at the chart of the day. The token associated with Sam Altman's eye scanning Cryptocurrency project dropped as low as 12% on Friday after artificial intelligence company open A I ousted Sam Altman as CEO, the Cryptocurrency regained losses over the weekend as events unfolded. WLD is now currently trading at around $2.32 down about 4.5% on the day. A blog post from open A I states in part quote, Mr Altman's departure follows a deliberative review process by the board which concluded that he was not consistently candid in his communications with the board hindering its ability to exercise its responsibilities and quote. Sam Altman and other former staff members will be joining Microsoft. The tech giant is a major investor and chat G BT maker. Open A I Microsoft CEO said the company remains committed to its partnership with Open A I and looks forward to getting to know new Ceo Emmett Shear 505 out of the 700 open A I employees have signed a letter asking the board to resign. That's a wrap for today's chart of the day. I'm Jen Sani. We'll see you next time to unpack more of the data behind top news stories.

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