sam altman

OpenAI for-profit shift: Sam Altman to get 7% equity

OpenAI is planning on granting CEO Sam Altman a 7% equity stake as part of a broader shift towards becoming a for-profit entity, according to a recent report by Bloomberg.

Co-founder Ilya Sutskever leaves OpenAI

Ilya Sutskever, co-founder and chief scientist at OpenAI, has recently announced his departure from the AI tech startup. His leave was confirmed by OpenAI CEO Sam Altman in a public blog on OpenAI's official website and by Sutskever himself on a post in X.

Sam Altman no longer in control of OpenAI's startup fund

OpenAI, the parent company of ChatGPT, has recently restructured its venture capital fund, effectively removing Sam Altman, the company's CEO, from ownership and control of the OpenAI Startup Fund. According to the company, this move aims to enhance transparency and address concerns regarding the fund's governance.

Sam Altman rejoins OpenAI board

Sam Altman, CEO of OpenAI, has rejoined the company's Board of Directors, about five months since he was fired and subsequently rehired as the CEO. In addition to Altman, three new board members have joined OpenAI: Dr. Sue Desmond-Hellmann, Nicole Seligman, and Fidji Simo.

OpenAI to name new board members in March: Report

OpenAI, the company behind making ChatGPT, is planning to appoint several new board members in March according to a recent report by the Washington Post.

Sam Altman's new AI chip startup awaiting US approval: reports

Sam Altman, CEO of OpenAI, the parent company of ChatGPT, is awaiting approval from the US government for his new AI chips startup, according to a recent report by Bloomberg News. The report suggests that this emerging venture has the potential to trigger concerns related to national security and antitrust issues.