Altman's ouster as OpenAI's CEO last month was met with shock and confusion, but he was reinstated after just five days due to pushback from key investors and a majority of OpenAI's employees. OpenAI, which received a $10 billion investment from Microsoft following the success of ChatGPT, is currently in talks with investors for fresh funding that could value the company at $100 billion or more.
Key takeaways:
- Sam Altman, CEO of OpenAI, is optimistic about his 2021 prediction regarding the transformational impact of artificial intelligence (AI) and the development of renewable power leading to a decrease in tech and energy costs.
- Altman has returned to OpenAI after a brief ouster that lasted only five days, due to pushback from key investors and a majority of OpenAI's employees.
- The success of ChatGPT, OpenAI's large language model, has brought AI to the forefront of technological development, with potential applications across various industries.
- OpenAI is reportedly in discussions with investors to secure fresh funding that could value the company at $100 billion or more.