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30th May, 2023

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OpenAI Founder Sam Altman Has No Equity in ChatGPT

OpenAI CEO Sam Altman has said that he does not own any equity in the company behind ChatGPT, the AI chatbot that has been generating buzz in recent months. Altman made the statement in an interview with Semafor, a tech news website.

"I don't own any equity in OpenAI," Altman said. "I'm here to help build the company and make it successful, but I'm not here to make money."

Altman's statement is significant because it suggests that he is not motivated by financial gain in his work at OpenAI. Instead, he seems to be focused on the long-term goal of developing safe and beneficial artificial intelligence.

OpenAI was founded in 2015 by Elon Musk, Sam Altman, and others with the goal of promoting and developing friendly AI. The company has been praised for its open approach to AI research, and it has made significant progress in developing powerful AI models.

ChatGPT is one of OpenAI's most recent achievements. The chatbot is able to generate human-quality text, and it has been used for a variety of purposes, including writing poems, translating languages, and creating code.

Altman's statement that he has no equity in ChatGPT is a reminder that OpenAI is not a traditional startup. The company is not focused on making money, and it is instead focused on developing safe and beneficial AI. This approach has attracted the support of some of the world's leading investors, including Microsoft and Peter Thiel.

It remains to be seen whether OpenAI will be successful in its mission to develop safe and beneficial AI. However, the company has made significant progress in recent years, and it is clear that Altman and his team are committed to this goal.

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