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OpenAI shifted away from being a nonprofit to attract more capital, says CEO Sam Altman.OpenAI needed more funding to scale its AI research efforts, he said in a recent interview.OpenAI’s $6.6 billion funding round came with some strings attached: it has 2 years to become a for-profit entity.It’s a lot…
OpenAI is one of the most valuable startups in the world, worth around $157 billion.Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show.Altman’s net worth is estimated to be at least $2 billion.OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023…
Sam Altman has been tapped to cochair the transition team for San Francisco’s mayor-elect.The OpenAI CEO will advise Daniel Lurie as he looks to tackle SF’s drug and homelessness issues.Altman has given thousands to Democrats this campaign cycle.Sam Altman is the latest tech exec to get a seat at the…
Last week, Donald Trump announced the creation of the Department of Government Efficiency, which promises to “dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” And to run the new cost-cutting department, Trump tapped the businessman he calls the world’s “greatest cutter” — Elon Musk.If you’re…
Elon Musk amended his lawsuit against OpenAI and Sam Altman, adding Microsoft as a defendant.Musk included emails between himself and Altman from 2015 in which they discussed starting OpenAI.Musk said OpenAI and Microsoft have formed a “de facto merger.”Elon Musk unveiled several emails between himself and fellow billionaire Sam Altman…
OpenAI has gotten some heat for not being as “open” as its name may suggest.CEO Sam Altman explained the company’s shift to closed AI models in a Reddit AMA on Thursday.It offers “an easier way to hit the safety threshold” and OpenAI wants “to open source more stuff in the…
Earlier this year, Sam Altman discussed the future of artificial general intelligence at Harvard.Altman said he envisions AGI as a tool to enhance productivity and create shared intelligence.OpenAI’s mission is to develop AGI, a form of intelligence that mimics human reasoning. Sam Altman, the CEO of OpenAI, is always in…
OpenAI CEO Sam Altman advises students to learn AI to stay relevant in the job market.Altman’s advice contrasts with Vinod Khosla’s warning that AI could replace many jobs.An Indeed study found that 2,800 work skills are “very unlikely” to be replaced by generative AI. There’s been a lot of buzz…
Open AI CEO Sam Altman said he doesn’t see AI replacing human writers.AI’s use in writing has grown since ChatGPT’s launch, with some authors even using AI to write and illustrate books.Altman said human connection in storytelling is irreplaceable, despite AI advancements. While multiple jobs are seemingly at risk of…
By Krystal Hu and Kenrick Cai SAN FRANCISCO (Reuters) – ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make…
