Index Investing News
Sunday, November 2, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Ousted OpenAI CEO Altman planning new AI venture

by Index Investing News
November 18, 2023
in Financial
Reading Time: 1 min read
A A
0
Home Financial
Share on FacebookShare on Twitter


By Krystal Hu, Anna Tong and Jeffrey Dastin

(Reuters) -Sam Altman, the recently ousted CEO of OpenAI, has been working on a new artificial intelligence venture he is planning to launch, sources briefed on the plan said on Saturday.

Former OpenAI president Greg Brockman, who said he quit OpenAI over Altman’s firing on Friday, is expected to join the effort, according to the Information, which reported the venture earlier citing a person familiar with the matter.

Altman could not be reached for comment and Brockman did not immediately respond to a Reuters request for comment.

Some researchers at OpenAI, including Szymon Sidor, have quit the company over the CEO change but it was unclear if Sidor and others will join Altman’s new venture.

Altman and Apple’s former design chief Jony Ive have been discussing building a new artificial intelligence (AI) hardware device, the Information reported in September. It also reported at the time that SoftBank CEO Masayoshi Son has also been involved in the conversation.

The board of OpenAI, the company behind hit product ChatGPT, on Friday pushed out its high-profile CEO Altman. Co-founder Brockman quit shortly after Altman was fired.

Altman’s ouster was over “breakdown of communications,” not “malfeasance”, Chief Operating Officer Brad Lightcap wrote in an internal company memo earlier Saturday that was viewed by Reuters.

(Reporting by Krystal Hu in New York, Anna Tong and Jeffrey Dastin in San Francisco, Gursimran Kaur in Bengaluru; Editing by Chizu Nomiyama and Kenneth Li)



Source link

Tags: AltmanCEOOpenAIoustedPlanningVenture
ShareTweetShareShare
Previous Post

Recall: Pakistan: Warning issued against batch of widely-consumed syrup; recall initiated due to potential health risks

Next Post

Legendary investor’s firm launches new fund targeting ‘quality’ stocks

Related Posts

Vedanta Q2 Outcomes: Cons revenue plunges 59% YoY to Rs 1,798 crore on distinctive lack of Rs 2,067 crore

Vedanta Q2 Outcomes: Cons revenue plunges 59% YoY to Rs 1,798 crore on distinctive lack of Rs 2,067 crore

by Index Investing News
October 31, 2025
0

Metallic main Vedanta on Friday reported a 59% decline in its consolidated Q2 internet revenue at Rs 1,798 crore, in...

Air air pollution deaths might price Southeast Asia 0B by 2050: Research

Air air pollution deaths might price Southeast Asia $600B by 2050: Research

by Index Investing News
October 27, 2025
0

Southeast Asian deaths linked to air air pollution might rise by as much as 10% by 2050, costing the area...

The Evolution of Resale and Recommerce in Retail

The Evolution of Resale and Recommerce in Retail

by Index Investing News
October 23, 2025
0

Resale has at all times been a part of retail, however the way it’s managed has modified dramatically over the...

MEGI: Gather Excessive Yield Earnings From World Utilities And Infrastructure (NYSE:MEGI)

MEGI: Gather Excessive Yield Earnings From World Utilities And Infrastructure (NYSE:MEGI)

by Index Investing News
October 19, 2025
0

This text was written byObserveNow retired, I'm an income-oriented investor searching for excessive yield earnings to assist my life-style in...

European hostility may jeopardize Metro

European hostility may jeopardize Metro

by Index Investing News
October 15, 2025
0

The international infrastructure firms usually are not anticipated to hurry again to Israel with the tip of the battle,...

Next Post
Legendary investor’s firm launches new fund targeting ‘quality’ stocks

Legendary investor's firm launches new fund targeting 'quality' stocks

Whole new ballgame: MLB’s new rules changed everything

Whole new ballgame: MLB’s new rules changed everything

RECOMMENDED

Crypto Analyst Puts ADA Price At , Here’s When

Crypto Analyst Puts ADA Price At $5, Here’s When

September 16, 2023
Industry Association Reveals Top 2023 Bathroom Design Trends

Industry Association Reveals Top 2023 Bathroom Design Trends

October 28, 2022
Good Infrastructure?!? – The Big Picture

Good Infrastructure?!? – The Big Picture

March 30, 2023
Battery firm LG Energy Solution’s Q4 profit up 43% on higher US output By Reuters

Battery firm LG Energy Solution’s Q4 profit up 43% on higher US output By Reuters

January 26, 2024
Silvergate Capital Corporation (SI) Business Update Conference Call Transcript

Silvergate Capital Corporation (SI) Business Update Conference Call Transcript

January 7, 2023
The Luxury Key For 2023? Maintain Relationships And ‘Be Obsessed’

The Luxury Key For 2023? Maintain Relationships And ‘Be Obsessed’

January 30, 2023
US Senator Cynthia Lummis Backs Coinbase Against SEC

US Senator Cynthia Lummis Backs Coinbase Against SEC

August 12, 2023
Ether.Fi (ETHFI) Price Gains 50% While Bitcoin (BTC), Ether (ETH) Slump as Liquid Restaking Narrative Heats Up

Ether.Fi (ETHFI) Price Gains 50% While Bitcoin (BTC), Ether (ETH) Slump as Liquid Restaking Narrative Heats Up

March 27, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In