In a move that is sure to send shockwaves through the tech industry, OpenAI will bid adieu to its CEO, Sam Altman, ending his run at the helm of the artificial intelligence outfit, according to The Verge.

Per a statement released by the company, Altman was relieved from his duties following an extensive review process conducted by the board. The crux of their decision rested on their lack of assurance in Altman's continuous leadership. Their verdict reportedly stemmed from a belief that Altman had not been "consistently candid" in his interactions with them, which subsequently obstructed their ability to carry out their roles civilly.

"The board no longer has confidence in his ability to continue leading OpenAI," the company openly declared on its blog, adding, "that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities."

As they find themselves without their old skipper, the leadership reins have been transferred to the company's Chief Technology Officer, Mira Murati, who will act as the interim CEO. However, an expedition has already been launched to unearth a more permanent replacement to fill Altman’s shoes.

OpenAI remained mute when reached for further elaboration by The Verge. However, the firm confirmed to CNBC that Murati will be filling in as the interim executive.

Altman's sudden departure marks a pivotal shift for OpenAI, one of the leading companies in artificial intelligence research and development. With Murati stepping up, the industry waits in anticipation to see how this change will shape the company's future course.