Sam Altman’s Reddit stake worth over $600 million after NYSE debut

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

OpenAI CEO Sam Altman stands to net millions as Reddit goes public

OpenAI CEO Sam Altman speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images OpenAI CEO Sam Altman will be in a position to make millions after Reddit goes public, thanks to a series of bets on the online discussion board company that go back … Read more

Microsoft sprinkles OpenAI in every single place to retain software program companions

Microsoft CEO Satya Nadella speaks on the firm’s Construct developer convention in Seattle on Could 7, 2018. Grant Hindsley | Bloomberg | Getty Photos If there’s one firm that has popularized synthetic intelligence up to now yr, it is the small however richly funded startup OpenAI, the entity behind viral chatbot ChatGPT. This week at … Read more