How Sam Altman Leverages OpenAI to Revolutionize Operating Systems
Category Business Saturday - October 7 2023, 07:16 UTC - 1 year ago Sam Altman co-founded OpenAI in 2015 with Elon Musk, and has since raised over $1 billion in investments from Softbank & other venture capitalists. They are working on projects to revolutionize the Operating System by language modelling, reinforcement learning and developing an iPhone-like device with the help of X-Apple designer Dan Ives.
Billionaire David Sacks of the All in Podcast explains how CEO Sam Altman will won most of OpenAI. Sacks says that the funding for OpenAI has been a capped return model. Capped return means that investors get returns up to some multiple say 10X or 100X. When they get their return then there shares revert back to the company. This is how Sam Altman can make the claim that he has no equity in OpenAI .
However, Sam was a co-founder of OpenAI (along with Elon Musk). Also, Sam owns a foundation that owns a lot of OpenAI. OpenAI is talking the X-Apple Designer Dan Ives and Softbank to make an OpenAI iPhone-like device. Large Language Models (LLM) like OpenAI ChatGPT could be revolutionizing the Operating System, the user interface and other layers. Software and AI could get LLM layers where the neural nets talk to each other via LLM .
They can get better decisions and actions by say having a self-driving car detect a person and then having the system ask a LLM to interpret the environment with text input and output. The wall of apps on an iPhone could be replaced with verbal or visual interfaces.
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