sam altman

Meta offered OpenAI employees $100 million bonus: Sam Altman

OpenAI CEO Sam Altman has stated that Meta attempted to recruit his employees with staggering compensation packages, including signing bonuses reaching $100 million. The disclosure came during a discussion on the 'Uncapped' podcast hosted by his brother Jack Altman.

Sam Altman’s orb is watching to check if you are human

A biometric identity verification project co-founded by OpenAI CEO Sam Altman and Alex Blania is launching in the United Kingdom this week. The initiative, known as ‘World’, relies on a device called the ‘Orb’ to scan people's eyes to confirm whether users are human.

Self-driving delivery vehicles company backed by OpenAI CEO raises $80 mln

Coco Robotics, a Los Angeles-based startup developing self-driving delivery vehicles, has raised $80 million in new funding, the company announced on June 11.

OpenAI acquires iPhone designer Jony Ive's startup for $6.5 bln

OpenAI has struck a deal to acquire io Products, the hardware startup founded by former Apple design chief Jony Ive, in a transaction valued at $6.5 billion, as per a recent report by Reuters. Additionally, OpenAI will bring Ive on board to lead design and creative development of new devices tailored for the AI era, according to OpenAI's official website.

Instacart CEO Fidji Simo is joining OpenAI

Fidji Simo, the current CEO of Instacart, is set to join OpenAI as CEO of Applications, the company announced on May 7. 

OpenAI's Altman confident Trump will keep US in AI lead

"We need to build that here and we need to be able to have the best AI infrastructure in the world to be able to lead with the technology and the capabilities," he said.

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. 

March 2, 2024
March 2, 2024

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.

February 18, 2024
February 18, 2024

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.

February 10, 2024
February 10, 2024

OpenAI hits $2 billion revenue milestone

Microsoft-backed OpenAI hit the $2 billion revenue milestone in December, the Financial Times reported on Friday

January 20, 2024
January 20, 2024

Sam Altman seeks to raise billions for network of AI chip factories

Intel, Taiwan Semiconductor Manufacturing Co and Samsung Electronics  are potential partners for OpenAI

January 17, 2024
January 17, 2024

OpenAI CEO Altman says at Davos future AI depends on energy breakthrough

OpenAI CEO Sam Altman emphasises on energy breakthrough to facilitate the vast power consumption of future AI

December 7, 2023
December 7, 2023

Sam Altman named TIME's CEO of the year

Sam Altman, co-founder and CEO of OpenAI, has been named Time Magazine's CEO of the Year for 2023. This prestigious recognition highlights Altman's significant contribution to the field of artificial intelligence (AI).

November 23, 2023
November 23, 2023

Sam Altman fires board that fired him

After Sam Altman's return as the Chief Executive Officer of OpenAI, OpenAI released a statement on X, that outlined a new board composition and thanked the public for their patience during this tumultuous period.

November 22, 2023
November 22, 2023

Sam Altman vs. OpenAI: what happened so far

In case you haven't been following the recent developments surrounding OpenAI and its co-founder Sam Altman, here's a timeline of the events that have happened thus far.

November 19, 2023
November 19, 2023

Sam Altman, OpenAI ex-CEO, considering launching new AI company: reports

Sam Altman, the recently fired CEO of OpenAI, the company behind ChatGPT and DALL-E, is reportedly considering launching a new AI company, as per a person close to the matter. 

November 18, 2023
November 18, 2023

Meet Mira Murati, the new interim CEO of OpenAI

In the wake of Sam Altman's abrupt dismissal as CEO of OpenAI, the company has appointed Mira Murati as its interim CEO. Murati's elevation to this critical role comes amid significant changes within OpenAI, but her established presence within the company suggests a smooth transition ahead.