OpenAI’s Altman Concentrates Power on Path to $157 Billion Valuation
The wide-ranging leadership transformation extends to the company’s board, too. All but one of the previous directors – Adam D’Angelo, the CEO of question-and-answer site Quora Inc., – have been replaced, part of OpenAI’s agreement with Altman to reinstate him.
OpenAI has secured a $157 billion valuation. Now comes the hard part.
The ChatGPT maker has secured $6.6 billion in funding, but it still has to overcome challenges around the hight costs of developing smarter AI models.
OpenAI Has A $157 Billion Valuation But It Might Not Change The World
Some technology waves change the world — notably the worldwide web, social media, and smartphones. Since it has yet to solve big problems well enough, generative AI might not.
OpenAI value surges to $157 billion after funding
OpenAI has surged in value as investors including Microsoft continue to be fascinated by artificial intelligence, or AI.
OpenAI's $6.6B boost pushes valuation to $157 billion
OpenAI, the creator of ChatGPT, received $6.6 billion in its latest funding round. The funds were raised from companies including Microsoft and Nvidia. The company's valuation could reach a staggering $157 billion,
Historic funding round values OpenAI at US$157 billion
OpenAI plans to use the funds to advance its AI research, increase computing capacity, and develop tools for solving complex problems OpenAI, the company behind ChatGPT, secured US$6.6 billion in new funding,
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 ...
OpenAI chair says board has discussed equity compensation for CEO Sam Altman
OpenAI Chair Bret Taylor said on Thursday the company's board has discussed whether to compensate CEO Sam Altman with equity ...
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 ...
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 ...
It looks like Sam Altman will get richer off of OpenAI after all — maybe $10.5 billion richer
OpenAI plans to make big changes to its corporate structure, two reports say. That is expected to pave the way for CEO Sam ...
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Sam Altman Could Be Worth $13B as OpenAI Seeks Restructuring
Altman, 39, is currently estimated to be worth $2 billion, according to Bloomberg. He has $1.2 billion invested across a ...
OpenAI's Altman sees 'superintelligence' just around the corner - but he's short on details
Altman's essay runs counter to intellectual critiques of AI's limitations and worries about environmental and social ...
All the top OpenAI figures who have left since the 2023 attempt to oust CEO Sam Altman
From Ilya Sutskever to Mira Murati, OpenAI has seen top talent depart the company over the last 10 months.
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OpenAI to remove non-profit control and give Sam Altman equity
Chief executive Sam Altman will receive equity for the first time in the for-profit company, which could be worth $150 ...
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” ...
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 ...