DIRS.INFO The most relevant business & tech news

☆ OpenAI CEO Sam Altman was paid $76,001 last year
▼ + stars: | 2024-11-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show. OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023 to lead what's now one of the most valuable startups in the world, the company's tax filings for the year showed. During a hearing before a senate judiciary subcommittee in May 2023, Altman said he gets "paid enough for health insurance" and that he receives no equity in OpenAI. Bloomberg estimated in March 2024 that the CEO is worth at least $2 billion, not including any stake he may have in OpenAI. Altman denied during an all-hands meeting with employees that there were plans for him to receive a "giant euqity stake," CNBC reported.

Persons: Sam Altman, what's, Altman, Ilya Sutskever, Chris Clark, Sutskever, Clark, OpenAI Organizations: Microsoft, Census Bureau, Social Security Administration, Bloomberg, CNBC Locations: OpenAI, San Francisco County

☆ Those bold AGI predictions are suddenly looking stretched
▼ + stars: | 2024-11-17 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

The generative AI boom has inspired bold AGI predictions ranging from this happening in 2025, 2026, or maybe 2027. AdvertisementThat's the main reason for huge gains in recent years in the performance of AI models. AdvertisementHorowitz noted several factors that are holding back AI model improvements, including a lack of new high-quality human data and problems sourcing the extra energy needed to power AI data centers. AGI questionsIf the main tried-and-true method for improving AI models is no longer working, we are unlikely to get AGI anytime soon. Altman's bold AGI predictions may also be an effective rallying cry for hard-working OpenAI employees.

Persons: Sam Altman, there's, that's, Oren Etzioni, Etzioni, Ilya Sutskever, Noam Brown, Google hasn't, Marc, Ben, Marc Andreessen, Ben Horowitz, Andreessen, Horowitz, we're, OpenAI, Altman, we've, AGI, Elon Musk, It's Organizations: YouTube, Allen Institute, Tech, Reuters, Orion, Bloomberg, Google, AGI, Microsoft, Intel, Computer, Artificial Intelligence Locations: Seattle

☆ Read the casual emails between Elon Musk and Sam Altman that kicked off OpenAI
▼ + stars: | 2024-11-16 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

AdvertisementElon 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. Elon Musk unveiled several emails between himself and fellow billionaire Sam Altman this week as evidence in the Tesla CEO's lawsuit against Altman and OpenAI, shining a light on the casual beginnings of the now-$157 billion company. Musk helped found OpenAI in 2015 but has frequently criticized the company and its leaders in the years since. The SpaceX CEO left the AI startup in 2018.

Persons: Elon Musk, Sam Altman, Musk, Altman, OpenAI, Sam Musk, Bill Gates, Pierre Omidyar, Dustin Moskovitz, we'd, Peter Thiel, I've, Semafor Organizations: OpenAI, Microsoft, Business, SpaceX, Google, YC, Manhattan Project

☆ OpenAI co-founder Greg Brockman returns after three months of leave
▼ + stars: | 2024-11-12 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Greg Brockman speaks onstage at "OpenAI Co-founder on ChatGPT, DALL·E, and the Impact of Generative AI" during 2023 SXSW Conference and Festivals at Austin Convention Center on March 10, 2023 in Austin, Texas. OpenAI co-founder Greg Brockman has returned to the company as president, three months after announcing he would take a sabbatical "through end of year." In late September, OpenAI Chief Technology Officer Mira Murati announced she would depart the company after six and a half years. The same day, research chief Bob McGrew and Barret Zoph, a research vice president, said they were leaving. OpenAI co-founder Ilya Sutskever and former safety leader Jan Leike announced their departures in May, with Leike joining rival Anthropic.

Persons: Greg Brockman, OpenAI, Mira Murati, Bob McGrew, Barret Zoph, Ilya Sutskever, Jan Leike, Anthropic ., John Schulman, Lilian Weng, Brockman, Sam Altman, Altman, Altman's Organizations: Austin Convention Center, OpenAI, Leike, Anthropic, Google Locations: Austin , Texas

☆ OpenAI is making moves toward becoming a for-profit company
▼ + stars: | 2024-11-05 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

OpenAI is one step closer to becoming a for-profit company. A for-profit structure would be much more conventional for the investors OpenAI is courting. Reports of the California attorney general's involvement in the process indicate the company is one step closer to formalizing the unprecedented shift, which would require the attorney general's approval. Neither OpenAI nor the California attorney general's office immediately responded to Business Insider's request for comment. A for-profit structure would be much more conventional for the big-name investors OpenAI is increasingly courting, including Microsoft and Nvidia.

Persons: —, Sam Altman, general's, OpenAI, Rob Bonta, Bret Taylor Organizations: Bloomberg, Service, Microsoft, Nvidia Locations: California, Delaware

☆ Sam Altman's hiring strategy bets on talent, not age
▼ + stars: | 2024-11-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Sam Altman says he prioritizes talent over age in his hiring decisions. The job market in Big Tech is increasingly polarized with many job seekers facing a bleak outlook. AdvertisementOpenAI CEO Sam Altman says his hiring strategy is focused on talent over age. Advertisement"You want both, and I think what you really want is just like an extremely high talent bar of people at any age, " Altman said. While Altman may prioritize talent over age at OpenAI, some older tech employees say they are experiencing ageism in the workforce.

Persons: Sam Altman, —, Harry Stebbings's, Altman, wouldn't, Noam Shazeer, Mustafa Suleyman, Karen Simonyan, Zers Organizations: Big Tech, Service, Tech, Google, Microsoft, BI Locations: OpenAI

☆ Sam Altman's leadership advice echoes 2 philosophies encouraged by Steve Jobs and Warren Buffett
▼ + stars: | 2024-11-04 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Altman also emphasized saying no, echoing Steve Jobs' leadership philosophy. AdvertisementThe leadership traits that Sam Altman values may sound familiar to those who have studied Steve Jobs and Warren Buffett. Altman said the team tries to be "rigorous" about straying away from "fantastical dreams" or goals — a strategy reminiscent of the late Apple cofounder Steve Jobs. Advertisement"The main thing I stressed was focus," Jobs had said about his visit to Larry Page, biographer Walter Isaacson wrote in the Harvard Business Review. "The difference between successful people and really successful people is that really successful people say no to almost everything," the Berkshire Hathaway CEO once said.

Persons: Sam Altman, Altman, Steve Jobs, Warren Buffett, —, Kevin Weil, Jobs, Larry Page, Walter Isaacson, Apple's, Jerry Yang, Insider's Nicholas Carlson, Marissa Mayer, — that's, Alman, Sora Organizations: Service, Apple, Harvard Business, Yahoo, Stanford University, Conference, Berkshire Hathaway Locations: Hollywood

☆ Sam Altman said he 'sometimes' used ChatGPT to answer Reddit AMA questions
▼ + stars: | 2024-10-31 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Sam Altman said OpenAI's next big model is likely not coming this year. The CEO answered user questions during a Reddit Ask Me Anything Thursday — sometimes using ChatGPT to respond, he said. AdvertisementSam Altman used his own AI creation to answer questions during a Reddit "Ask Me Anything" session on Thursday. Altman also said he was using ChatGPT, the company's generative AI chatbot, to "sometimes" answer questions during the AMA. The billionaire offered new timing details on OpenAI's next large AI model, GPT-5, saying its release likely won't come this year.

Persons: Sam Altman, OpenAI's, —, Redditors, Altman, Srinivas Narayanan, Narayanan, Bing, OpenAI execs, Kevin Weil Organizations: Service, AMA

But when it comes to technology, one of the most powerful people shaping regulation isn't a candidate at all. Altman, the OpenAI co-founder and CEO, meanwhile, has put on a masterclass in wooing Washington, learning from Meta CEO Mark Zuckerberg and social media's missteps in front of Congress. Lawmakers have now begun embracing AI in a way they never did social media. That new messaging on AI regulation is largely thanks to Altman turning OpenAI into a lobbying powerhouse. Now, he's bringing his playbook to OpenAI, where his message to Washington is that if the U.S. doesn't lead the way in AI, an autocratic nation like China will.

Persons: It's Sam Altman, Donald Trump, Kamala Harris, Altman, Mark Zuckerberg, ChatGPT, Katie Harbath, They're, Chris Lehane, Lehane, Bill Clinton, doesn't Organizations: Republican, Democratic, Meta, Lawmakers, China, D.C Locations: Washington, OpenAI, U.S, China, American

☆ Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop
▼ + stars: | 2024-10-29 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Sam Altman, CEO of OpenAI, at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. Sam Altman, the controversial CEO of OpenAI, has a stake in social media company Reddit that's worth over $1 billion as of post-market trading on Tuesday. Altman controls roughly 12.2 million shares of Reddit, a company he first invested in over a decade ago. Reddit shares soared about 20% in extended trading after the compny reported better-than-expected quarterly results and issued an optimistic forecast. Top shareholders were forbidden from selling Reddit shares for six months during the "lockup period," which expired in September.

Persons: Sam Altman, Altman, OpenAI's, Y, Reddit, Condé, Altman didn't, OpenAI, WilmerHale, — CNBC's Ari Levy, Cramer Organizations: Allen & Company Sun Valley Conference, Reddit, Condé Nast, Advance Magazine Publishers, Fidelity, OpenAI, CNBC Locations: Sun Valley , Idaho, Reddit's, Airbnb

☆ This is OpenAI CEO Sam Altman's favorite question about AGI
▼ + stars: | 2024-10-19 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

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. AdvertisementSam Altman, the CEO of OpenAI, is always in the media spotlight, fielding many questions. It showed him one part of "what the post-AGI world can look like," Altman said on the Life in Seven Songs podcast.

Persons: Sam Altman, Altman, —, Patrick Chung, OpenAI, AGI, — Altman, we're, it'll, Rob Price Organizations: Harvard, Service, Harvard Business School

☆ Sam Altman risks spreading himself too thin at OpenAI
▼ + stars: | 2024-10-18 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Sam Altman has taken a more prominent role at OpenAI as several top leaders have left the company. Altman risks spreading himself too thin, three management experts told BI. Now, as Altman leads OpenAI toward a possible for-profit future, some corporate management experts warn that the CEO could stretch himself too thin — taking on too many job functions. Altman and a spokesperson for OpenAI didn't respond to requests for comment from Business Insider. It's possible that Altman could take on the CTO role on a temporary basis, Sonnenfeld said, "but it's not likely that he can do this very long."

Persons: Sam Altman, Altman, —, Sam Altman's, OpenAI, Mira Murati, Altman hasn't, Fiss, Elon, Patricia Lenkov, Lenkov, Jeffrey Sonnenfeld, Sonnenfeld Organizations: Service, Business, Bloomberg, University of Southern, Apple, Twitter, JPMorgan, Yale University's School of Management, Yale, Leadership Locations: OpenAI, University of Southern California

☆ South Park creator Matt Stone asks if Sam Altman does anything other than 'go on podcasts'
▼ + stars: | 2024-10-13 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +2 min

South Park parodied OpenAI's ChatGPT last year. AdvertisementOpenAI CEO Sam Altman may join the ranks of celebrities pilloried by South Park. Stone and Trey Parker, co-creators of South Park, are also behind the AI entertainment startup Deep Voodoo. Deep Voodoo showed off a face-swapping tool on an acclaimed Kendrick Lamar video that replaced his face with those of O.J. South Park parodied OpenAI's ChatGPT in the March 2023 episode "Deep Learning."

Persons: Sam Altman, Matt Stone, Altman's, OpenAI's ChatGPT, —, Altman, Stone, Trey Parker, Kendrick Lamar, O.J, Kobe Bryant, OpenAI's, ChatGPT Organizations: Service, Bloomberg Locations: South Park, Simpson

☆ I tried Google's viral new tool that creates an AI podcast about topics you feed it. It's worth the hype.
▼ + stars: | 2024-10-07 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

The feature uses the information you feed it to create a "deep dive" discussion hosted by two AI hosts. Based on the information you feed it, it generates a "deep dive," podcast-like discussion hosted by two AI hosts. Related storiesTo my surprise, this NotebookLM-generated podcast exceeded anything I'd heard so far in terms of AI voice quality. Like any AI tool though, Audio Overviews isn't perfect. Audio Overviews is probably my favorite AI tool I've tried out so far — and it showcases the innovative ways AI can be used in our daily lives.

Persons: Google's NotebookLM, —, livia M oore, ingle, hough, hatter, ike, oices Organizations: Service Locations: NotebookLM

☆ There are 3 signs that generative AI might be reaching peak market froth — and it's not just OpenAI
▼ + stars: | 2024-10-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +8 min

There are signs across AI models, chips, and new form factors that the market is getting frothy. Investors spent the summer wondering if top AI stocks could continue to justify soaring valuations in the face of absent returns from their massive AI spending. Now, signs have emerged that they're not yet done with generative AI mania. OpenAI reaches dizzying new heightsSam Altman's OpenAI secured a $157 billion valuation after raising $6.6 billion in its latest funding round. In short, a lossmaking startup must justify its $157 billion valuation.

Persons: Cerebras, —, Andrew Feldman, Ramsey Cardy Cerebras, here's, Abu, Cerebras —, Altman's OpenAI, OpenAI, Elon Musk's xAI, OpenAI's, Ilya Sutskever, Gary Marcus, OpenAI's Sam Altman, David Sacks, Darius Rafieyan, Mira Murati, Mark Zuckerberg, Andrej Sokolow, frothiness, Jensen Huang, Alex Heath, Rahul Prasad, Snapchat Organizations: Nvidia, Service, Investors, Microsoft, Saudi Aramco, Bloomberg, OpenAI, LLMs, Financial Times, Anthropic, Craft Ventures, Tiger Global, The New York Times, Getty, company's Connect, Meta, Orion Locations: Sunnyvale, Abu Dhabi, Silver, Saudi, Silicon Valley, —

☆ Evercore's Roger Altman: Hard for equities to move up materially because they're already so high
▼ + stars: | 2024-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvercore's Roger Altman: Hard for equities to move up materially because they're already so highRoger Altman, Evercore founder and senior chairman, joins 'Closing Bell' to discuss Altman's takeaway from Friday's market action, why the Federal Reserve cut rates by 50 bps, and the senior chairman's investing stance on equity markets.

Persons: Roger Altman Organizations: Evercore, Federal

☆ OpenAI has secured a $157 billion valuation. Now comes the hard part.
▼ + stars: | 2024-10-03 | by ( Hasan Chowdhury | Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

OpenAI is now worth $157 billion, but it can't rest easy yet. Now comes the hard part: emerging victorious in a fiercely competitive AI industry. Though Sam Altman's company cemented its status as a frontrunner in the generative AI boom this week, securing a new $157 billion valuation after raising $6.6 billion of fresh capital from marquee investors, its leading position is hardly guaranteed. Sure, Altman's company now casts a massive shadow over the industry with its fresh $157 billion valuation. AI companies have been spending huge sums to purchase chips from Jensen Huang's Nvidia.

Persons: OpenAI, —, Sam Altman's, Sam Altman, Andrew Caballero, Reynolds, Altman, Elon Musk's, Ilya Sutskever, Nathan Benaich, Dario Amodei, Jensen, Jeff Chiu, Benaich, it's, VCs Organizations: Service, Valley's, Financial, Nvidia, SoftBank, Microsoft, Elon, Air Street Capital, The New York Times, Google, Big Tech, Meta Locations: Silicon Valley, AFP

☆ OpenAI's chairman says AI is in a bubble — but one that could be wildly lucrative
▼ + stars: | 2024-10-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

The AI bubble, Taylor said, will be similar to the dot-com bubble in the late 1990s. AdvertisementThe buzz surrounding AI may echo the exuberance and excesses of the dot-com bubble in the late 1990s, OpenAI chairman Bret Taylor said in a podcast that aired on Wednesday. "I think the AI bubble will rhyme with the dot-com bubble and I believe with the benefit of hindsight, most of the excess of the dot-com bubble might have been justified," Taylor added. Most of today's leading tech companies like Amazon and Google, Taylor said, were started during the dot-com bubble. Advertisement"A huge percentage of the gains in the stock market over the past 30 years have more or less been these digital companies created in the dot-com bubble," Taylor said.

Persons: Bret Taylor, Sam Altman's, Taylor, Harry Stebbings, —, Sam Altman, Mark Twain, Stebbings, Elon Musk, Goldman Sachs, Jim Covello, hasn't, We’ve, Elon, Musk Organizations: OpenAI's, Service, Google, Business Insider, Stanford, Facebook, Elon Locations: OpenAI, Silicon Valley

☆ OpenAI is just one piece of the puzzle in SoftBank's grand vision for AI
▼ + stars: | 2024-10-02 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

It will also end the week with another reputation: a new piece in the grand puzzle being solved by Masayoshi Son. Related storiesMasayoshi Son's AI vision is ambitiousOpenAI CEO Sam Altman will form just one part of Masayoshi Son's AI plans. Andrew Caballero-Reynolds/AFP/Getty ImagesTo understand Son's grand AI ambitions, it's worth first zooming out to see how SoftBank currently maps out AI investment opportunities. As of June, Vision Fund 1's gains were $21.7 billion, while Vision Fund 2 losses totaled $22.9 billion. AdvertisementSo it's become clear that Son's focus has fallen on the other part of his AI investment stack.

Persons: —, Masayoshi Son, Sam, Sam Altman's, ChatGPT, Sam Altman, Andrew Caballero, Reynolds, SoftBank, it'll, Son's, it's, Son, Michael M, Graphcore, Nigel Toon, OpenAI's Altman, Lionel Barber, Barber Organizations: Service, Bloomberg, Getty, Business, Microsoft, Vision, Vision Fund, Nvidia, Nikkei, Wall Street, Financial Times Locations: Tokyo, AFP

☆ Sam Altman says learning AI will keep humans employed. Here's why else the robots might not take your job.
▼ + stars: | 2024-09-29 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

OpenAI CEO Sam Altman advises students to learn AI to stay relevant in the job market. An Indeed study found that 2,800 work skills are "very unlikely" to be replaced by generative AI. "People would say the same things — many of the same things — they say about AI now," he said. Humans have a lot of skillsAnother point for the don't-worry camp came from a new Indeed study identifying more than 2,800 work skills. AdvertisementKids are still learning to codeIt seems worries about an AI job-pocalypse aren't deterring some people from going big on tech, as Altman advises.

Persons: Sam Altman, Vinod Khosla's, —, There's, they've, Altman, Chris Hyams, Vinod Khosla, Svenja, Gudell, it's, Khosla, Indeed's Gudell, there's, Edward Kim, coders Kim, aren't, Kim, It's, " Altman Organizations: Service, GenAI, Sun Microsystems, BI Locations: Silicon Valley, execs, OpenAI, Canada

☆ OpenAI has 2 years to transition to a for-profit company. Here are 6 key things it will need to do in that time.
▼ + stars: | 2024-09-29 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

OpenAI is transitioning to a for-profit company so it can raise billions more in funding. The company has operated under a nonprofit board since its launch, adding a for-profit arm in 2019. Almost a year later, many of those who disagreed with Altman's approach are gone, and OpenAI is transitioning into a fully for-profit company. There are several complex steps the company will need to take to make this change in under two years. AdvertisementAltman's equityUnder the new structure, Altman is set to get equity in the company.

Persons: —, OpenAI, Sam Altman, Alexander Reid, Altman, It'll, Jill Horwitz, Greg Brockman Organizations: Service, Microsoft, Nvidia, Wall Street, UCLA, Elon Musk Locations: OpenAI, Delaware

☆ What the Eric Adams indictment means for New York City's leadership and future
▼ + stars: | 2024-09-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, the walls are closing in on New York City Mayor Eric Adams after a federal indictment . New York City Mayor Eric Adams was indicted on five criminal counts in a corruption probe accusing him of bribery and receiving illegal campaign contributions from foreign nationals. In one case, according to the indictment, that meant a Turkish Airlines manager offering to charge Adams $50 for two business-class seats worth $15,000 . AdvertisementMessages obtained by prosecutors also show Adams promising his staffer he "always" deleted texts following a discussion of alleged Turkish bribes.

Persons: —, Eric Adams, Eric Adams Seth Wenig, Alyssa Powell, Adams, Damian Williams, Gary Hershorn, He's, Alex Spiro, Elon Musk's, Kathy Hochul, Jumaane Williams, Ali Jarekji, it's, David Tepper, Sam Altman's, Getty, Olivier Verriest, Andrei Akushevich, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Nathan Rennolds, Amanda Yen, Milan Sehmbi Organizations: Business, Service, New York City, New, Democrat, Brooklyn Borough, Southern, of, Turkish Airlines, FDNY, Reuters, Financial Times, YouTube, Snapchat, Publishers, York Film Locations: New, States, New York, Manhattan, of New York, Turkish, Ali, Saudi Arabia, China, London

☆ All the top OpenAI figures who have left since the 2023 attempt to oust CEO Sam Altman
▼ + stars: | 2024-09-27 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

OpenAI has lost a slew of key leaders since last year's effort to push out CEO Sam Altman. Here are 10 OpenAI leaders who have left the company since November. Shortly afterward, CEO Sam Altman said that two other executives, Bob McGrew and Barret Zoph, would also leave OpenAI. Like many companies, OpenAI has seen turnover among its highest ranks since its founding in 2015. But since an attempt to oust Altman as OpenAI's CEO last November, the company has lost multiple executives and key leaders.

Persons: OpenAI, Sam Altman, Mira Murati, —, Bob McGrew, Barret Zoph, Altman, McGrew's, Elon Musk, Altman's, Helen Toner, Tasha McCauley, Toner, McCauley, Greg Brockman Organizations: Service, ChatGPT Locations: OpenAI

☆ AI leaders are reacting to OpenAI's wild 24 hours with a mix of schadenfreude and concern
▼ + stars: | 2024-09-26 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

It's been a wild 24 hours at OpenAI. Meanwhile, CEO Sam Altman said Thursday the exec departures were unrelated to restructuring talks. AdvertisementIt's been a wild 24 hours at OpenAI, with three high-level execs leaving the company — including CTO Mira Murati — and reports it's restructuring as a for-profit benefit corporation. Speaking at Italian Tech Week Thursday, OpenAI CEO Sam Altman said the executive departures and restructuring talks were unrelated. "I obviously won't pretend it's natural for this one to be so abrupt, but we are not a normal company," he wrote.

Persons: It's, Sam Altman, —, Mira Murati —, Sam Altman's, execs, Altman, Elon Musk, Gary Marcus —, Altman —, Sora hasn't, Marcus, Nicolas Miailhe, Miailhe, I've, it's, Mark Chen, Bob McGrew Organizations: Service, Italian Tech, OpenAI, Bloomberg, Reuters, Geometric Intelligence, Future Society Locations: —

☆ From passion to profit: OpenAI's latest shakeup shows the AI race is about who has the deepest pockets
▼ + stars: | 2024-09-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Altman could reportedly receive a 7% equity stake, which would be worth about $10.5 billion at OpenAI's new valuation. In March, The New York Times reported Murati raised concerns about Altman's leadership style to the board before the ouster. Barret Zoph, the company's vice president of research, and Bob McGrew, OpenAI's chief research officer, are also departing the startup, Altman announced on X . "I obviously won't pretend it's natural for this one to be so abrupt, but we are not a normal company," Altman wrote.

Persons: —, Sam Altman, Altman, Mira Murati, Slack, Murati, Barret Zoph, Bob McGrew, Joel Saget, Jenny Chang, Rodriguez, Meta —, it's, Elon Musk's, OpenAI Organizations: Service, Business, Employees, The New York Times, Lakshmi, OpenAI's, Meta, Reuters, Anthropic Locations: OpenAI, Lakshmi Varanasi

Search resuls for: "Altman's"

25 mentions found