Why Sam Altman Won't Gain Wealth from OpenAI

Reported about 23 hours ago

Despite OpenAI's massive success and innovative impact in AI, founder Sam Altman does not hold any equity in the company, earning merely $76,001 a year. Although he has an estimated wealth of $2 billion from previous investments and ventures, his decision to forgo equity aligns with his passion for working with top researchers and maintaining OpenAI's original nonprofit status. Speculation persists about potential future equity, especially after the company's shift to a for-profit model, but Altman has denied expectations of receiving a large stake.

Source: YAHOO

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