CEO Sam Altman – pressnews

[ad_1] Artificial intelligence (AI) has become the buzzword of 2023, with the world's biggest companies launching their suite of AI services not just for consumers, but for businesses as well. While AI technology has been growing for some time, it is safe to say that this revolution really kicked off when OpenAI launched its AI chatbot ChatGPT in November 2022. Since then, rapid advancements have taken place in the field, with companies like Microsoft and Google releasing their AI services. AI for business has also become highly sought after, with companies leveraging the new tech to grow their business and offer more services to consumers. However, OpenAI Chief Operating Officer Brad Lightcap thinks this technology is overhyped. He also revealed some details about the shock resignation...

[ad_1] A planned sale of OpenAI employee shares that would value the startup at about $86 billion on paper hangs in the balance after the sudden firing of CEO Sam Altman and a slew of top executive departures, the Information reported on Saturday.The tender offer, which Thrive Capital is leading, has not yet closed but has been in its final stages and was expected to be completed as soon as next month, the report added, citing a person familiar with the matter. OpenAI and Thrive Capital did not immediately respond to Reuters' requests for comment. We are now on WhatsApp. Click to joinThe news comes after the board of the company behind ChatGPT fired Altman on Friday.Greg Brockman, OpenAI president and co-founder, who stepped down from the board as chairman as part of the management shuf...

Tag: CEO Sam Altman

OpenAI COO says AI for business overhyped; reveals details of CEO Sam Altman ouster

OpenAI’s $86 billion share sale in jeopardy after Altman firing