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In March 2021, Altman and investment banker Michael Klein co-founded AltC Acquisition Corp, a special-purpose acquisition company (SPAC), where he is also the CEO. [2] [74] In May 2024, Oklo Inc. completed a merger with the SPAC to become a public company. Altman remained as chairman of Oklo following the merger. [75]
Stine said Google and Amazon’s investments are “truly just the beginning of a multi-decade megatrend.” ... Sam Altman owned a 2.6% stake in the company, according to a regulatory filing in ...
Oklo, which counts OpenAI co-founder Sam Altman among its investors, went public in May after merging with the special purpose acquisition company AltC Acquisition. The company has hit the ground ...
Some of the investment will come from OpenAI CEO Sam Altman, who also provided the initial $180 million to seed the startup. The fundraising is being led by Italian financier Sandro Salsano, who ...
Sam Altman's new joint AI venture, Stargate, has drawn criticism from Elon Musk. Musk said on X that Stargate didn't have the funds to build AI infrastructure. Altman has responded.
Sam Altman is now chairman of a public company. Sam Altman, chief executive officer of OpenAI, in Atlanta on Dec. 11, 2023.
That is expected to pave the way for CEO Sam Altman to get even richer. ... OpenAI CEO Sam Altman is on track for a big payday because of a change to the company's structure, a new report says.
The company was founded in 2005 and received initial funding from Y Combinator, [2] and completed Series A and B financing led by Sequoia Capital [3] and New Enterprise Associates. [4] The company's board members included TiVo -founder Mike Ramsay and Greg McAdoo of Sequoia Capital. [ 5 ]