Why? The board announced the removal of a CEO which they have the power to do. It upset a bunch of employees who liked the CEO. The board is in search of a new CEO.
OpenAI’s valuation isn’t because Sam Altman is worth $90B it’s the tech. The tech is fine. Investors have no reason to worry about their investment in the tech.
The people under pressure are Sam Altman trying to reclaim his job he was fired from and Satya Nadella who is running a campaign to eat OpenAI. None of that is related to the functioning tech of OpenAI, all of it is related to the drama of what happened. Drama is not equal to money.
I was sad when my favorite pet died too, but then eventually you get a new pet that’s just as good as a Worldcoin guy, maybe better.