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The CEO of Open AI, Sam Altman, was abruptly removed from his position due to concerns about an AI breakthrough called Q*, which could potentially lead to Artificial General Intelligence (AGI). However, Altman was later reinstated along with a new initial Board. AGI is a term used to describe machines that can replicate human-like intelligence in all aspects, including reasoning, decision-making, and communication. This represents the next evolutionary step for AI, as current algorithms are limited to solving specific problems.