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OpenAI considers giving Sam Altman 7% equity stake
Why investors want startup founders to own equity—including OpenAI’s Sam Altman
Altman has denied rumors that he will get a 7% equity stake in the company that could be worth nearly $10 billion.
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 with the firm.
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 Altman to get even richer.
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 CEO or by bloodsucking shareholders but a board with a clear mission to do AI safely and not just for the dollar.
Sam Altman Found Another Kingdom For OpenAI to Conquer
John Ive, former Apple design head, is partnering with OpenAI to develop an AI-based hardware product. The collaboration could disrupt consumer electronics, drawing parallels to how Microsoft and Google expanded into hardware.
An OpenAI shake-up wouldn't just make Sam Altman richer — he'd have more control, too
Changing the structure of OpenAI could be advantageous for Sam Altman, a corporate law expert said.
Billionaires: OpenAI considers giving Sam Altman 7% equity stake
Generative artificial intelligence company OpenAI could offer chief executive Sam Altman a 7 per cent equity stake in the company and restructure to become a for-profit business, sources told Bloomberg.
2d
No, Sam Altman, AI Won’t Solve All of Humanity’s Problems
The OpenAI CEO’s recent mini-manifesto argues (again) that AI will make the future impossibly bright. He could use a ...
CNET on MSN
2d
Sam Altman: The 'Intelligence Age' May Be Only a Few Thousand Days Away
"We will be able to do things that would have seemed like magic to our grandparents," the CEO of OpenAI predicts.
5d
on MSN
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 ...
12h
Sam Altman Interview on AI, Capitalism, and the Power of Ambition
The interview with Sam Altman and John Elkann covers a range of topics related to technological innovation, leadership ...
1d
Sam Altman Envisions an AI Utopia. It's Magical Thinking
By now, many of us are probably familiar with artificial intelligence hype. AI will make artists redundant! AI can do lab ...
3d
How ChatGPT Boss Sam Altman’s New AI Predictions Affect Education
AI tutors for every child? OpenAI's Altman predicts personalized learning, job market shifts and the dawn of the Intelligence ...
17h
OpenAI is a big mess: Massive losses, major departures and more money for Sam Altman
OpenAI finds itself at a crossroads. The path it chooses from here will decide if it remains one of the most advanced AI ...
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