Sam Altman tells OpenAI employees he hasn't received ‘giant equity stake' in company

News News

Sam Altman tells OpenAI employees he hasn't received ‘giant equity stake' in company
United States Latest News,United States Headlines
  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company.

At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a"giant equity stake" in the company.

At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied reports that he received a"giant equity stake" in the company, calling that information"just not true," according to a person who was in attendance. Stock futures are little changed as traders brace for Fed's preferred inflation reading: Live updates

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCNewYork /  🏆 270. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

OpenAI's new safety board has more power and no Sam AltmanOpenAI's new safety board has more power and no Sam AltmanPranav is a senior editor at Engadget responsible for handling news coverage during west coast hours.
Read more »

Jony Ive confirms new AI-powered device in the works with OpenAI's Sam AltmanJony Ive confirms new AI-powered device in the works with OpenAI's Sam AltmanApple’s former Chief Designer tapped for secret project with OpenAI
Read more »

Sam Altman plans to upend OpenAI's nonprofit model -- as another key executive exitsSam Altman plans to upend OpenAI's nonprofit model -- as another key executive exitsOpenAI is planning to restructure its business into a for-profit benefit corporation and give equity to Altman for the first time, the company said.
Read more »

OpenAI’s for-profit switch could include equity for Sam AltmanOpenAI’s for-profit switch could include equity for Sam AltmanA report says that OpenAI will switch to a for-profit structure soon, along with a massive new round of investments, and provide CEO Sam Altman with equity.
Read more »

CTO Mira Murati’s exit shakes OpenAI as Sam Altman eyes 7% stakes in firmCTO Mira Murati’s exit shakes OpenAI as Sam Altman eyes 7% stakes in firmA few months earlier, OpenAI co-founder and chief scientist Ilya Sutskever had also parted ways with the company.
Read more »

Musk Lambastes Sam Altman as OpenAI Weighs For-Profit PivotMusk Lambastes Sam Altman as OpenAI Weighs For-Profit PivotMusk invested heavily in Sam Altman’s game-changing OpenAI company when it was set to be open source and non-profit. He is now furious that Altman has a new vision.
Read more »



Render Time: 2025-02-12 07:22:06