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Tag: OpenAIs

2024-09-29

OpenAI’s Sam Altman tells employees he didn’t get ‘giant equity stake’

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Business

At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake” in the company, calling that information “just not true,” according to a person who was in attendance. Altman and finance chief Sarah Friar both said at the meeting, conducted by video, that investors have raised concerns about…

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2024-09-15

Tiger Global plans to join OpenAI’s funding round at more than $150 billion valuation

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Business

In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images Tiger Global is planning to join OpenAI’s buzzy new funding round that would value the artificial intelligence startup at more than $150 billion, according to sources familiar with the…

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