Brad Lightcap, a longtime OpenAI executive and former chief operating officer, has announced that he is leaving the company after 8 years to start a new venture. 

The announcement adds to a wave of senior exits at the artificial intelligence (AI) firm.

Brad Lightcap Exits OpenAI to Launch New Venture After 8 Years

Lightcap shared the message he sent to his team on X. He joined OpenAI in 2018 and helped build its finance, legal, and business teams. He became the firm’s chief operating officer in 2024.

Lightcap then moved to a special projects role in April. At the time, the firm named Denise Dresser, chief revenue officer, to take over some of his responsibilities.

Chief Executive Sam Altman publicly thanked Lightcap and said he looked forward to working “together on what’s next.” Lightcap said he would remain around for a few weeks.

“I feel incredibly fortunate to have spent most of the last decade pursuing our mission and building this company. Sitting here today, mission success feels within sight. It has been the honor of my life to help bring us to this point, and to do it alongside all of you,” he said.

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OpenAI’s Leadership Keeps Thinning

His exit follows several senior departures this year. Fidji Simo, who oversaw product and business operations, stepped down last month, citing her health. She later cofounded an artificial intelligence health startup. The company’s only dedicated ethicist, Chloé Bakalar, also departed in July, less than a year after joining.

In April, Bill Peebles, Kevin Weil, and Srinivas Narayanan also announced exits. The moves followed the shutdown of Sora, OpenAI’s video generation app.

Earlier departures included communications chief Hannah Wong and marketing head Kate Rouch. Caitlin Kalinowski, who previously led OpenAI’s robotics effort, also left and has joined rival Anthropic.

The departures come as OpenAI works toward a potential stock market debut. It has not named a date for now. The firm did submit a confidential S-1 registration statement to the SEC in June. 

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Source: BeInCrypto