OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015. His Reddit ownership is another matter altogether. Following Reddit’s stock market debut on Thursday, Altman’s stake in the social media site ballooned by $200 million to over $613 million. Shares of the 19-year-old company jumped … Read more
Photo: Kevin Dietsch (Getty Images) There’s been a lot of talk about AGI lately—artificial general intelligence—the much-coveted AI development goal that every company in Silicon Valley is currently racing to achieve. AGI refers to a hypothetical point in the future when AI algorithms will be able to do most of the jobs that humans currently … Read more
The OpenAI power struggle that captivated the tech world after co-founder Sam Altman was fired has finally reached its end — at least for the time being. But what to make of it? It feels almost as though some eulogizing is called for — like OpenAI died and a new, but not necessarily improved, startup … Read more
Sam Altman (L), US entrepreneur, investor, programmer, and founder and CEO of artificial intelligence company OpenAI, and the company’s co-founder and chief scientist Ilya Sutskever, speak together at Tel Aviv University in Tel Aviv on June 5, 2023. Jack Guez | Afp | Getty Images After a weekend of crisis and tumult, Sam Altman has … Read more
In a dramatic turn of events late Friday, ex-Y Combinator president Sam Altman was fired as CEO of AI startup OpenAI, the company behind viral AI hits like ChatGPT, GPT-4 and DALL-E 3, by OpenAI’s board of directors. Then, the company’s longtime president and co-founder, Greg Brockman, resigned — as did three senior OpenAI researchers. … Read more
Sam Altman, Chief Executive Officer of OpenAI, and Mira Murati, Chief Technology Officer of OpenAI, speak during The Wall Street Journal’s WSJ Tech Live Conference in Laguna Beach, California on October 17, 2023. Patrick T. Fallon | Afp | Getty Images Sam Altman’s sudden ouster from OpenAI on Friday shocked Silicon Valley. Not only was … Read more
Altman’s ouster shows an organization that was meant to align superintelligent AI with humanity failing to align the values of even its own board members and leadership. Adding a profit-seeking component to the nonprofit project turned it into an AI powerhouse. Launching products was supposed to provide not only profits but also opportunities to learn … Read more
An internal memo sent to OpenAI staff on Saturday after former CEO Sam Altman’s abrupt firing reiterates that “a breakdown in communication” led to the decision, not “malfeasance or anything related to our financial, business, safety, or security/privacy practices,” according to reporting from Axios and The New York Times. The memo obtained by both publications … Read more
Earlier this month, Altman hosted OpenAI’s first developer conference and announced a plan to create an app store for AI agents built on top of its technology. Altman was also courting Middle East sovereign wealth funding for the development of AI chips that would compete with Nvidia’s, according to Bloomberg. The Information has previously reported … Read more
The thrill across the London arrival of OpenAI CEO Sam Altman was palpable from the queue that snaked its means across the College Faculty London constructing forward of his speech on Wednesday afternoon. A whole lot of eager-faced college students and admirers of OpenAI’s chatbot ChatGPT had come right here to look at the UK leg of … Read more