The mystery of the openai chaos
A board member of the US-based artificial intelligence (AI) startup OpenAI said, “We are the only company in the world which has a capped profit structure.” He added, “If you think… GPUs are going to take my job and your job and everyone’s jobs, it seems nice if that company wouldn’t make so much money.” Earlier, it was reported that OpenAI fired its CEO Sam Altman.
The Openai drama is about Musk’s way into the business
An anonymous letter purportedly written by ex-employees of Elon Musk-led startup OpenAI, where CEO Sam Altman was fired, has surfaced on Hacker News. The letter alleged Altman and Co-Founder Greg Brockman manipulated OpenAI’s board over their ” obsession with achieving AI general intelligence”. The letter also claimed Brockman resigned as board chair last week over Altman’s treatment.
Is he joining Microsoft?
OpenAI’s decision to fire CEO Sam Altman reportedly caused a rift between the board of directors and the AI startup’s employees. Employees of the startup, which was reportedly valued at nearly $90 billion, have accused the board of jeopardizing their work and “undermining” OpenAI’s mission and company. Earlier, Microsoft invested $13 billion in OpenAI and had partnered with it on its AI chip.
4 people were given the power to fire Sam Altman
OpenAI CEO Sam Altman, who was ousted by Elon Musk-led startup’s board earlier this month, had left the startup in 2016 but stayed on as its Co-founder. Altman has joined Microsoft as President of its new AI division. Former OpenAI President, Greg Brockman, had quit in protest after Altman’s departure from the startup.
Sam Altman was an OpenAI leader
Former OpenAI CEO Sam Altman has joined Microsoft as a member of its AI research team, which will serve as a subsidiary of OpenAI. The company’s board has named former Twitch CEO Emmett Shear as the interim CEO. Notably, this comes a month after OpenAI’s President Greg Brockman announced that he was quitting over Altman’s sudden departure from the startup.
Sam Altman is a former OpenAI CEO
OpenAI Co-founder Sam Altman and CHAT GPT Co-founder Nathan Benaich have said that the firm’s bylaws gave a handful of people, with no financial stake in the company, the power to upend the project on a whim. They added that OpenAI’s corporate structure has been at odds with the need to support research through huge amounts of equity investment.
OpenAI’s structure gave 4 people the power to fire Sam
Sam Altman, who was ousted as CEO of AI startup OpenAI, said he doesn’t have much experience with nonprofits. “I don’t have a lot of experience with startups,” he added. “Some things…only a CEO can do…or you have to kill some project, or something with a major partner,” Altman further said. He was hired by OpenAI in 2015 as its CEO.
Who is OpenAI’s new interim CEO?
Sam Altman, who was CEO of AI startup OpenAI, announced on Friday that he’s leaving the company. “I loved my time at openai. He predicted artificial intelligence will be ‘the greatest leap forward of any technological revolution we’ve had so far’,” Altman said. He had joined OpenAI in 2013 from Twitter, where he was the VP and Co-founder.