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With the company in the process of raising new funds at a valuation somewhere north of $100 billion, the non-profit structure is proving increasingly awkward. For investors, a change means a more ...
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]
Sam Altman, co-founder and CEO of OpenAI, at the DealBook summit on Dec. 4. (Michael M. Santiago—Getty Images) OpenAI CEO Sam Altman said human ability will still be valued, but it won't be "raw ...
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.
CEO Sam Altman hailed the Chinese firm's low-cost AI model, which has stunned the tech world and caused upheaval in global markets, as "impressive" and said that OpenAI would accelerate the ...
OpenAI cofounder Sam Altman wants to raise up to $7 trillion for a new AI chip project. That’s a lot of money. To be specific, it’s more than the entire federal budget, twice the U.K.’s ...
On Friday, Altman said OpenAI would follow DeepSeek's approach. "Yeah we are gonna show a much more helpful and detailed version of this, soon. Credit to R1 for updating us," he wrote.
OpenAI investors want Sam Altman back. Like many, they were shocked when the company’s board abruptly fired the high-profile CEO on Friday. Now, Microsoft, Thrive Capital, Tiger Global ...