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OpenAI may become a public benefit corporation: What is it and what will change?

A public benefit Corp is a corporate structure under Delaware law which allows a for-profit entity to also commit to pursuing goals of bettering society

A symbol for the OpenAI virtual assistant arranged on a smartphone in Riga, Latvia, on Friday, Aug. 16, 2024.(Andrey Rudakov/Bloomberg)
Published on Sep 29, 2024 04:19 PM IST

OpenAI discusses giving Sam Altman a 7% stake and shift to a for-profit model

OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington.(AFP)
Published on Sep 27, 2024 07:18 AM IST
Bloomberg |

OpenAI plans to convert to a for-profit company, give Sam Altman 7% stake

OpenAI plans to give CEO Sam Altman a 7% equity stake and transition to a for-profit model. This follows senior management departures in the company.

OpenAI is considering a shift to a for-profit structure, granting CEO Sam Altman a 7% equity stake. This change follows the departure of key executives and aims to align profit generation with its mission of benefiting society. No timeline has been set.(Reuters)
Published on Sep 26, 2024 08:24 AM IST

Open AI CTO Mira Murati, 2 others resign, CEO Sam Altman reacts

Mira Murati in a written statement posted on X said she has made the difficult decision to leave the ChatGPT maker after much reflection.

FILE - Sam Altman, right, CEO of ChatGPT maker OpenAI, and Mira Murati, chief technology officer, appear at OpenAI DevDay, OpenAI's first developer conference, on Nov. 6, 2023 in San Francisco. (AP Photo/Barbara Ortutay, File)(AP)
Published on Sep 26, 2024 07:26 AM IST

Meet iPhone designer Jony Ive who is working on AI device with Sam Altman

Jony Ive is collaborating with OpenAI's Sam Altman on an AI hardware project. The team is exploring generative AI's potential to innovate computing.

Former Apple design chief Jony Ive is developing an AI hardware project with OpenAI CEO Sam Altman. Funded by Emerson Collective, the initiative involves a small team and aims to leverage generative AI to enhance computing capabilities, potentially raising $1 billion.
Updated on Sep 25, 2024 12:02 PM IST

Sam Altman says doing psychedelics in Mexico changed his life: ‘Made me calm’

Sam Altman, OpenAI cofounder, recounted transformative psychedelic experiences noting they helped him overcome anxiety and unhappiness.

Sam Altman shared on 'Life in Seven Songs' how psychedelics changed his perspective, turning him from an anxious person into a calm one. He emphasized a retreat in Mexico as particularly significant and mentioned his occasional psychedelic experiences at Burning Man.(Reuters)
Published on Sep 25, 2024 10:21 AM IST

Sam Altman says superintelligence is coming: ‘Going to get so good, so soon’

OpenAI CEO Sam Altman predicts superintelligence may be achieved in a few thousand days, enhancing human capabilities and driving scientific breakthroughs.

Sam Altman, CEO of OpenAI, believes superintelligence could emerge in a few thousand days, significantly enhancing human abilities and enabling scientific advancements. He highlights AI's role in solving complex challenges and improving societal intelligence, transforming what is possible for humanity.(AFP)
Updated on Sep 24, 2024 03:30 PM IST

OpenAI's Sam Altman on taking risks: ‘Traditional careers may not work anymore’

Sam Altman, OpenAI CEO, emphasizes taking risks in career choices, advocating for unconventional paths over traditional routes.

OpenAI CEO Sam Altman said that he believes regret from untried opportunities can hinder long-term satisfaction, especially as AI disrupts established career norms.(AFP)
Published on Sep 23, 2024 01:20 PM IST
By | Edited by

New OpenAI o1 model can solve 83% of International Mathematics Olympiad problems

OpenAI's new o1 model can be used for scientific research in physics, chemistry, and engineering, where rigorous reasoning and complex problem-solving are prime

A symbol for the OpenAI virtual assistant on a smartphone, arranged in Riga, Latvia, on Friday, Aug. 16, 2024. (Andrey Rudakov/Bloomberg)
Published on Sep 14, 2024 03:42 PM IST

OpenAI close to releasing ‘Strawberry’ Model with reasoning capabilities

The timing is still unclear, but a release of the OpenAI ‘Strawberry’ Model to a limited number of users could come as soon as this week

OpenAI logo is seen in this illustration taken on February 3. (Reuters)
Updated on Sep 12, 2024 07:22 PM IST
Bloomberg |

Internet wonders how Anil Kapoor made it to TIME AI cover when Sam Altman didn't

The TIME magazine cover on AI’s 100 most influential features Anil Kapoor and Scarlett Johansson, but no Sam Altman or Satya Nadella.

Vinod Khosla, Sundar Pichai and Anil Kapoor featured in TIME 100 Most Influential People in AI 2024 cover(Time Magazine)
Updated on Sep 06, 2024 06:55 PM IST

OpenAI to launch 'Strawberry’ AI project this fall, may integrate with ChatGPT

Strawberry is a new AI project of OpenAI developed to have better logical reasoning abilities and prevent AI “hallucination”

OpenAI logo is seen in this illustration taken on February 3. (Reuters)
Published on Aug 29, 2024 09:00 AM IST

Publications sued OpenAI for copyright, but some are now partnering up with it

Publications like The Atlantic, News Corp, and Condé Nast have partnered up with OpenAI, licensing content for use in AI products like ChatGPT and SearchGPT

A symbol for the OpenAI virtual assistant arranged on a smartphone in Riga, Latvia, on Friday, Aug. 16, 2024. (Andrey Rudakov/Bloomberg)
Published on Aug 23, 2024 07:03 PM IST

Sam Altman wants to scan your eyeballs using Worldcoin, governments crack down

Multiple governments worldwide are battling with Sam Altman, either banning his Worldcoin project’s operations or investigating its data processing

The Worldcoin logo on a laptop arranged in Germantown, New York, US, on Monday, July 24, 2023. Worldcoin, the digital identity and crypto payments project was co-founded by OpenAI Chief Executive Officer Sam Altman (Gabby Jones/Bloomberg)(Bloomberg)
Published on Aug 19, 2024 02:20 PM IST

Google's ex-CEO takes back claim that remote work made Google lag in AI race

Eric Schmidt, Google's ex-CEO said in a Stanford University leccture that Google was putting itself in a tough position by focusing on work-life balance.

Ex-Google CEO Eric Schmidt has has taken back his claims that Google's remote work policy is harming its position in the AI race
Published on Aug 16, 2024 02:33 PM IST

Indian-origin man reviews a month of OpenAI job: ‘Manic pace, team grinds hard'

The Indian-origin man joined Sam Altman's OpenAI, maker of ChatGPT, a month ago.

Sam Altman is the CEO of OpenAI which is the maker of ChatGPT.(Reuters)
Updated on Aug 07, 2024 06:25 PM IST

Elon Musk sues OpenAI CEO Sam Altman, says deceit is 'Shakespearean proportions'

Elon Musk who co-founded OpenAI in 2015 sued CEO Sam Altman and President Greg Brockman for fraud and breach of contract

Elon Musk is suing OpenAI CEO Sam Altman and President Greg Brockman in federal court for fraud and breach of contract (Representational/Getty Images)
Published on Aug 05, 2024 07:55 PM IST

OpenAI announces SearchGPT, its AI-powered search engine: All you need to know

OpenAI said that SearchGPT will be available as a prototype in limited release and OpenAI plans to eventually build it into ChatGPT.

SearchGPT is powered by the GPT-4 family of models and will only be accessible to 10,000 test users at launch.
Updated on Jul 26, 2024 07:58 AM IST

Tech Tonic | Zuckerberg makes absolute sense, but are we close to an AI God?

For all the excitement about artificial general intelligence, enough smart humans are warning us about possible pitfalls. Is anyone ready to listen though?

An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/(REUTERS)
Published on Jul 21, 2024 08:00 AM IST

OpenAI CEO Sam Altman ‘misled into buying a $27m lemon,’ lawsuit says

Sam Altman's super luxurious San Francisco estate has been plagued by coyotes in the past. A new suit paints an ugly picture of the exorbitant residence.

JUNE 10: OpenAI CEO Sam Altman (L) talks with Apple senior Vice President of Services Eddy Cue (R) during the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. (Getty Images via AFP)
Published on Jul 17, 2024 09:27 PM IST

Sam Altman on his ‘friend’ Airbnb’s CEO Brian Chesky: ‘Taught me how to shut up’

OpenAI CEO credits Airbnb CEO for helping ChatGPT grow into a global sensation

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington.(AFP)
Updated on Jul 16, 2024 12:39 PM IST
By | Edited by

Sam Altman's OpenAI illegally prevented whistleblowing: Common in Silicon Valley

OpenAI employees filed a complaint to the SEC, alleging that the company made them sign non-disclosure agreements that violated whistleblower rights.

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington (AFP)
Published on Jul 15, 2024 02:24 PM IST

Elon Musk takes a dig at Sam Altman driving one of world’s most expensive cars

A video of OpenAI CEO Sam Altman driving one of the world’s most exclusive and expensive hypercars drew a sharp rejoinder from Elon Musk

Sam Altman was filmed driving a Koenigsegg Regera.(X/@Hamptonism)
Published on Jul 11, 2024 02:27 PM IST
Edited by Sanya Jain

Microsoft quits Sam Altman's OpenAI board: ‘No longer necessary…’

In November last year, Microsoft took a non-voting, observer position on OpenAI's board after OpenAI CEO Sam Altman was reinstated in his position.

Sam Altman, chief executive officer of OpenAI, during a panel session on day three of the World Economic Forum (WEF) in Davos.(Bloomberg)
Updated on Jul 11, 2024 12:38 PM IST

Why this tech boss thanked Sam Altman after building Indian LLM under $5 million

Tech Mahindra developed an Indian LLM that can communicate in about 40 different local languages and dialects.

Sam Altman, chief executive officer of OpenAI, during a panel session on day three of the World Economic Forum (WEF) in Davos.(Bloomberg)
Updated on Jul 03, 2024 01:50 PM IST

Sam Altman is logged in to this Bengaluru startup’s Slack workspace

The Bengaluru-based founder and CEO of SuperKalam has revealed that OpenAI CEO Sam Altman is logged into their company’s Slack workspace.

Sam Altman, chief executive officer of OpenAI, during a panel session on day three of the World Economic Forum (WEF) in Davos.(Bloomberg)
Updated on Jun 27, 2024 02:04 PM IST
BySanya Jain

Elon Musk reminds everyone he named OpenAI ‘with a lot of good intentions’

Elon Musk filed a lawsuit against the company, which he has recently dropped, accusing OpenAI of betraying the firm's founding principles.

Elon Musk had cofounded OpenAI in 2015 but left the company three years later.(Getty Images)
Published on Jun 20, 2024 12:38 PM IST

HT Exclusive: Pritika Mehta says ‘Sam launching GPT is like Steve’s iPhone’

HindustanTimes.com spoke to Pritika Mehta, an Indian-American entrepreneur and AI expert who weighs in on the Gemini era vs. GPT-4o.

Pritika Mehta gives advice on building network and staying resilient in tech capital, San Francisco
Published on Jun 14, 2024 06:58 AM IST

Sam Altman tells employees: OpenAI to earn $3.4 billion, revenue has doubled

OpenAI will also generate about $200 million by offering access to its AI models through Microsoft Azure.

Sam Altman, chief executive officer of OpenAI, during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US.(Bloomberg)
Updated on Jun 13, 2024 10:24 PM IST

Sam Altman’s response to Indian techie who messaged him on Instagram

Sam Altman extended an invite to an Indian techie who messaged him on Instagram

Sam Altman termed the tumultuous event ‘extremely painful’. (REUTERS)
Updated on Jun 13, 2024 03:42 PM IST
BySanya Jain
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