Surprise Me!

OpenAI CEO Sam Altman Denies Rumors of 'Giant Equity Stake,' Addressing Rumors at An All-Hands Meeting

2024-09-27 526 Dailymotion

OpenAI CEO Sam Altman denied claims of receiving what he referred to as a giant equity stake at a company all-hands meeting, emphasizing that no current plans exist. OpenAI Chairman Bret Taylor confirmed the board had discussed Altmanโ€™s compensation, but no specific figures or decisions have been made. The meeting followed discussions of restructuring OpenAI into a for-profit business while keeping a nonprofit segment. Multiple executives, including CTO Mira Murati, announced their departures amid these changes. OpenAI is currently pursuing funding, with a valuation exceeding $150 billion.