OpenAI considers giving Sam Altman 7% equity stake
The rise of Sam Altman, OpenAI's billionaire CEO
OpenAI CEO Sam Altman is now a household name after the release of OpenAI's groundbreaking AI model, ChatGPT.
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.
Sam Altman tells OpenAI staff there's no plan for him to receive 'giant equity stake' in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake” in the company, calling that information “just not true,” according to a person who was in attendance.
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.
Sam Altman Could Be Worth $13B as OpenAI Seeks Restructuring
Altman, 39, is currently estimated to be worth $2 billion, according to Bloomberg. He has $1.2 billion invested across a range of venture capital funds branded as Hydrazine Capital, along with an additional $434 million in Apollo Projects.
Sam Altman tells OpenAI employees he hasn't received ‘giant equity stake' in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company.
OpenAI’s Sam Altman Worked for ‘Love’ – Now He’ll Make $10.5 Billion
OpenAI CEO Sam Altman will receive up to $10.5 billion in equity in the company behind ChatGPT as part of a major restructuring plan
In Depth
Exclusive: OpenAI to remove non-profit control and give Sam Altman equity
The company’s unusual structure, which gives full control of the for-profit subsidiary to the OpenAI nonprofit, was originally set to ensure the mission of creating "safe AGI that is broadly beneficial," referring to artificial general intelligence that is at or exceeding human intelligence.
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.
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.
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.
In Just 5 Words, OpenAI CEO Sam Altman Explained the Secret to Exceptional Motivation
Sam Altman, Einstein, Bill Gates, and a bunch of psychologists have all made the same point about the source of exceptional ...
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 ...
Sam Altman ‘excited’ as OpenAI starts hiring in this country for 2nd Asia office
OpenAI is establishing a Singapore office to meet rising AI demand in the Asia-Pacific, partnering with AI Singapore and ...
The Nobel Prize-winning 'godfather of AI' says he's glad one of his students had a hand in ousting Sam Altman from OpenAI
Hinton's protégé, OpenAI cofounder Ilya Sutskever, played a key role in Altman's brief ouster. Newly minted Nobel Prize winner Geoffrey Hinton says he's proud that one of his former students had a ...