OpenAI, Sam Altman
Why investors want startup founders to own equity—including OpenAI’s Sam Altman
Altman has denied rumors that he will get a 7% equity stake in the company that could be worth nearly $10 billion.
Sam Altman Says ‘OpenAI o1-preview is deeply flawed’
OpenAI’s o1-preview is generating excitement in the tech world. However, it is still not the epitome of perfection.
An OpenAI shake-up wouldn't just make Sam Altman richer — he'd have more control, too
Restructuring to a public benefit corporation would likely make OpenAI more attractive to further investment at a time when it is reportedly raising money at a $150 billion valuation. Altman would stand to get as much as $10.5 billion richer from the rumored equity stake.
Sam Altman tells OpenAI staff there's no plan for him to receive 'giant equity stake' in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake” in the company, calling that information “just not true,” according to a person who was in attendance.
Japan’s SoftBank to invest $500m in Sam Altman’s OpenAI
The funding round is slated to be led by Thrive Capital, with Microsoft, Apple and Nvidia also in talks to invest
OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’
The OpenAI boss reportedly added that investors were pushing for him to receive equity to ensure his interests remain aligned with the firm.
OpenAI could switch to for-profit, giving Sam Altman a stake as more staff quit ChatGPT maker
OpenAI is reportedly pushing ahead with plans to transform into a for-profit company and is in discussions to give chief executive Sam Altman an equity stake in the firm, which comes as the ChatGPT maker saw a series of senior staff departures.
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits
A 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken an ownership position in the firm.
OpenAI reportedly plans to ditch its nonprofit mission with CEO Sam Altman said to be in line to make billions
According to reports, OpenAI plans to completely restructure itself. Gone will be the nonprofit remit, the control not by a CEO or by bloodsucking shareholders but a board with a clear mission to do AI safely and not just for the dollar.
Sam Altman denies reports he will get a gargantuan equity stake in OpenAI as it restructures
Altman told OpenAI employees in an all-hands meeting Thursday that there are no plans to give him a “giant equity stake” in the newly for-profit enterprise, CNBC reported, citing an anonymous employee.
Here is why Sam Altman called OpenAI’s o1 model deeply flawed
OpenAI CEO Sam Altman calls the recently launched o1-preview model "deeply flawed." Buy why? Here's All you need to know.
Business News LIVE Updates Today September 30, 2024: SoftBank to invest $500 million in Sam Altman's OpenAI: Report
SoftBank Vision Fund is set to invest $500 million in OpenAI, which is aiming to raise $6.5 billion. This funding round comes ...
TSMC rejects ‘Podcasting Bro’ Sam Altman’s $7 trillion fab plan
During last winter's PR blitz, TSMC executives reportedly called OpenAI Sam Altman a "podcasting bro" and balked at his $7 ...
Here's what OpenAI employees are saying about the company's future
OpenAI's chief technology officer, Mira Murati, and top researchers, Barret Zoph and Bob McGrew, announced their resignations ...