ChatGPT is currently an artificial intelligence (AI) tool that is making waves globally, but few know that the “father” behind ChatGPT is Sam Altman – a young technology investor who dropped out of college and currently holds the position of CEO at OpenAI one of the renowned companies in the field of artificial intelligence.
Sam Altman has been fascinated by technology since he was 8 years old.
Sam Altman was born on April 22, 1985, in St. Louis, Missouri, USA.
At the age of 8, Sam Altman received a computer from his mother, which became a significant and meaningful gift in shaping his passion for technology.
Altman graduated from John Burroughs School locally before pursuing a Computer Science major at Stanford University, but he dropped out in 2005.
In 2005, after dropping out of Stanford University, Altman co-founded and became the CEO of Loopt – a location-based mobile app and social network. Although Loopt raised $30 million in funding, it was not successful and had to shut down in 2012 before being acquired for $43.4 million.
Afterward, Sam Altman began working part-time as a partner at Y Combinator – a renowned startup accelerator in 2011 and officially joined the company in 2012. He then became the President of Y Combinator in February 2014 at the age of 29. However, Altman stepped down in 2019 to focus on OpenAI and announced that he would no longer have any role at YC starting from early 2020.
OpenAI was founded by notable figures in the IT industry, including billionaire Elon Musk, LinkedIn co-founder Reid Hoffman, and many others. OpenAI is one of the world’s leading AI research companies and has become a formidable competitor to tech giants like Google. The company received a $1 billion investment from Microsoft to develop AI-related projects.
When Sam Altman took over as CEO, OpenAI achieved remarkable success in AI research, delivering returns 100 times higher for investors compared to the initial investment. The company has made significant contributions to the AI industry and is considered one of the most influential corporations in this field.
Altman, the CEO of OpenAI, often keeps his private life low-key. However, before achieving career success, he publicly acknowledged being gay. Additionally, since childhood, he has adhered to a strictly vegetarian diet.
Sam Altman’s Business Plan for ChatGPT
Previously, instead of focusing on profits, OpenAI committed to advancing technology research for the benefit of humanity. Initially, the company’s charter stated that OpenAI would stop competing in general AI development if a competitor achieved a specific milestone first.
However, OpenAI’s strategy has changed since Altman became CEO at the end of 2019. Upon assuming the role, he secured a $1 billion funding deal by flying to Seattle to showcase OpenAI’s latest AI model to Microsoft’s CEO, Satya Nadella.
Recently, Altman publicly revealed OpenAI’s business intentions, stating that the company will soon shape its monetization strategy based on its research. According to internal sources, OpenAI has generated millions of dollars in revenue by selling code snippets to other developers. According to internal sources, OpenAI has generated millions of dollars in revenue by selling code snippets to other developers.
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