OpenAI board member Helen Toner accused Altman of lying about his financial interests in the company and keeping the board in the dark about the release of ChatGPT in November 2022. Altman was briefly ousted in November for not being "consistently candid in his communications" with the board. On March 29, OpenAI disclosed that Altman no longer owned or controlled the company's venture-capital fund, contradicting previous claims of his financial independence from the company.
Key takeaways:
- The 39-year-old Stanford dropout, Sam Altman, has discussed transforming OpenAI into a regular, for-profit company, according to The Information.
- OpenAI, which is currently run as a "capped-profit" company, announced in March 2019 that it was shedding its status as a typical nonprofit to better realize its mission of building safe artificial general intelligence.
- Altman's leadership of OpenAI has been controversial, with allegations of him being deceptive, lying, and withholding information from the board, as per OpenAI board member Helen Toner.
- OpenAI revealed in a filing with the Securities and Exchange Commission that Altman no longer owned or controlled the venture-capital fund, contradicting previous claims of his financial interests in the company.