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Report indicates that Sam Altman, former CEO of OpenAI, is set to launch a new AI venture.

Posted on November 19, 2023 By Haley Bennett

Former OpenAI CEO Sam Altman has announced plans to launch a new artificial intelligence (AI) venture following his ousting from the company. Reports indicate that he has expressed his affection for the OpenAI team and is expected to be joined by former Co-founder and president Greg Brockman in this new endeavor. The project is said to be in the early stages of development, according to The Information.

While specific details about the venture have not yet been disclosed, it has been revealed that Altman has been engaging in discussions with semiconductor executives, including chip designer Arm. It is speculated that the project will likely take several years to materialize.

In addition to his AI venture, Altman is reportedly in talks with former chief Apple designer Jony Ive about the potential launch of an AI hardware device. SoftBank CEO and investor Masayoshi Son has also been involved in discussions regarding this idea, according to sources familiar with the matter.

OpenAI’s previous hardware efforts, including a robotics research division, have faced challenges and were ultimately disbanded in July 2021. However, Altman’s new AI venture and potential collaboration with Jony Ive could mark a significant step in the development of innovative AI technology.

The details of Altman’s broader ambitions in the AI space continue to emerge, signaling an exciting and dynamic future for the renowned technology entrepreneur.

Haley Bennett

I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.

Business Tags:Artificial Intelligence, chatgpt, greg brockman, OpenAI, Semiconductor

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