🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Binit shrestha

Believe in yourself • 1y

Sam Altman is considering turning OpenAI into a regular company: Sam Altman, CEO of OpenAI, is thinking about changing OpenAI from a "capped-profit" structure to a regular, for-profit company. OpenAI currently operates with a for-profit branch governed by a nonprofit to balance raising capital and pursuing its mission of developing safe AI. There has been controversy under Altman's leadership. He was briefly ousted last November for allegedly not being transparent with the board, including hiding information about ChatGPT's release and not disclosing his financial interests. Helen Toner, a former board member, accused him of lying multiple times. Despite this, Altman was reinstated, and OpenAI stated that any previous financial arrangements involving him were temporary and non-beneficial. The company emphasizes its mission to ensure AI benefits humanity. Read the original aricle in BUSINESS INSIDER

5 replies10 likes
1
Replies (5)

More like this

Recommendations from Medial

Image Description
Image Description

Binit shrestha

Believe in yourself • 1y

Paul Graham, cofounder of Y Combinator, clarified that Sam Altman was not fired from his role as president of Y Combinator in 2019. Altman chose to leave to fully commit to his position as CEO of OpenAI after OpenAI announced a shift to a "capped-pro

See More
7 replies5 likes
1
Image Description

Rahul Gupta

Hey I am on Medial • 1y

OpenAI has said its mission is not to build "superintelligence" in an apparent backtrack from previous comments by Sam Altman, as it readies its new model.

1 replies4 likes
Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 4m

Sam Altman reveals OpenAI plans to develop a dedicated AI device that will replace smartphones.

8 replies27 likes
8
Image Description

Chamarti Sreekar

Passionate about Pos... • 3m

OpenAI CEO Sam Altman just said: “we've been growing a lot and are out of GPUs”

1 replies25 likes
Image Description
Image Description

K

 • 

OpenAI • 1y

Sam Altman has invested in more than 400 companies, The Wall Street Journal reported. •Some firms reportedly backed by Altman do business with OpenAI, raising questions about conflicts. •OpenAI says the company carefully manages any potential confl

See More
3 replies11 likes
1
Image Description
Image Description

Rahul Gupta

Hey I am on Medial • 1y

Former OpenAI board member Helen Toner: left to their own devices, AI companies might end up like social media, fighting for user attention and consolidating power

2 replies4 likes
1

gray man

I'm just a normal gu... • 4m

Elon Musk, along with a few other investors, proposed a $97 billion buyout offer to OpenAI CEO Sam Altman. However, Altman rejected the proposal, saying, ‘No thank you.’

0 replies8 likes

Rajib Halder

Never say die • 4d

Sam Altman The CEO of OpenAI, Sam Altman, is also a successful investor who has made a lot of money by investing in different companies. He dropped out of Stanford to start his own company, sold it for millions, and used that money to invest in othe

See More
0 replies1 like
Image Description
Image Description

Mahendra Lochhab

Content creator • 1y

ChatGPT maker OpenAI CEO Sam Altman, his husband Mulherin pledge to donate most of their wealth

7 replies11 likes
Image Description
Image Description

Niket Raj Dwivedi

 • 

Medial • 1y

OpenAI saga- Saturday Startup Story - 5 : In December 2015, Elon Musk, Sam Altman, and others co-founded OpenAI with a mission to ensure artificial general intelligence (AGI) benefits all of humanity. Initially structured as a non-profit, OpenAI aim

See More
9 replies28 likes

Download the medial app to read full posts, comements and news.