“I don’t have any investment inside OpenAI (…) I do this because I love it.” On May 16, Sam Altman He assured the United States Senate that he did not make any profits from his position as CEO of the company responsible for ChatGPT.
Seven months later and the crisis that followed, this promise was not fulfilled. Altman has no stake in OpenAI; This is an odd situation for the founder of a technology company. However, it will benefit economically through other channels. As the magazine explains wiredIn 2019, OpenAI signed a previously unknown deal to spend $51 million. chips advanced Rain AIA venture in which Altman invested.
Possible conflict of interest Information obtained from Altman’s private business dealings “appears to have played some role” in his recent life dismissal As head of OpenAI, according to sources consulted by the expert publication. The board of directors of the company that created ChatGPT claimed that it had lost confidence in Altman, whom it accused of withholding information. Five days later, most of the board was forced to resign and Altman regained control. However, the real reasons for his expulsion remain a mystery.
Information published by wired He points out that under Altman’s direction, OpenAI signed a non-binding letter of intent committing to the acquisition semiconductors advanced artificial intelligence (AI) joined the startup Rain AI when they launched. Altman would invest more than a million dollars in this ‘new venture’, meaning the deal would benefit him financially if it went through.
Before leading OpenAI, Altman headed Y Joinerone of the most respected business accelerators Silicon valley. While he was there, the young entrepreneur invested in companies such as Airbnb, Reddit, Pinterest and Stripe. His currently revealed investment in Rain AI wired“It shows how Altman’s personal investment network could interfere with his obligations as CEO of OpenAI.”