Tag Archives: Altman

News, Technology

OpenAI In Talks To Bring Back Sam Altman Just Days After Firing Him

OpenAI’s board is seeking to bring back Sam Altman, possibly due to pressure from key investors like Microsoft, Thrive Capital, Khosla Ventures, Sequoia, and Tiger Global. According to Bloomberg, Altman is discussing plans for a new company with Brockman and other AI researchers in his camp, as reported by Forbes.

Internal sources cited by Forbes indicate that the situation could escalate, with measures such as widespread uprising by senior researchers, withholding of cloud computing credits from Microsoft, and the looming threat of a lawsuit. This potential Altman homecoming would bring about a major change in the leadership of OpenAI, with speculation that members of the current board may step down soon, as mentioned by Bloomberg. Additionally, Microsoft’s Nadella has reportedly pledged his support for Altman’s future endeavors. However, OpenAI and its lead investors, including Microsoft, have yet to make any public statements regarding the push to reinstate Altman.

News, Technology

Sam Altman No Longer At The Helm Of OpenAI As Board Expresses Dissatisfaction

Altman’s departure came as a surprise to people outside and inside the company. According to Bloomberg, Altman was still sending regular emails to employees as of late Friday morning. He had not shown any signs of trouble and had recently met with world leaders to discuss the responsible use of generative AI.

In October, reports indicated that OpenAI was in discussions to sell shares that would value the company at $86 billion. As for Altman, a Y-Combinator alum and a prominent figure in AI development, he has not yet issued a statement regarding his departure from OpenAI and his future plans. This is not the first turbulent chapter in OpenAI’s history. Founded with support from Elon Musk, the billionaire Tesla owner departed soon after. Rumors suggest Musk’s attempt to acquire the company was rejected, while he claims he disagreed with the company’s shift away from its non-profit focus.

In addition to his involvement with OpenAI, Altman is also an investor in other high-profile companies, including Humane, co-founded by former Apple executives, which recently launched its first AI-infused wearable product. He is also an investor in Neuralink, Reddit, Patreon, Asana, CodeAcademy, and InstaCart, among others. Neuralink is known for its development of human brain interface chip implants and has received FDA approval for human testing.