{"id":861230,"date":"2024-09-28T10:16:45","date_gmt":"2024-09-28T04:46:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=861230"},"modified":"2024-09-28T10:16:45","modified_gmt":"2024-09-28T04:46:45","slug":"how-chatgpt-maker-openai-ceo-sam-altmans-no-equity-statement-to-us-senate-may-change-making-him-one-of-the-richest-person-in-the-world","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/28\/how-chatgpt-maker-openai-ceo-sam-altmans-no-equity-statement-to-us-senate-may-change-making-him-one-of-the-richest-person-in-the-world\/","title":{"rendered":"How ChatGPT maker OpenAI CEO Sam Altman&#8217;s &#8220;no equity&#8221; statement to US Senate may change, making him one of the richest person in the world"},"content":{"rendered":"<p>ChatGPT-maker OpenAI\u2018s board is reportedly planning to restructure its core business into a for-profit benefit corporation, giving CEO Sam Altman an equity stake. According to a report by Bloomberg, Altman, who is already a billionaire, may emerge from it a much richer man, depending on how the situation unfolds. Quoting sources familiar with the matter, the report says that if the fundraising \u201cvalues OpenAI at $150 billion\u201d and if \u201cAltman ends up with a 7% stake, his fortune may soar by more than $10 billion\u201d, adding that this \u201cwould land him among the world\u2019s very richest people.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ChatGPT-maker OpenAI\u2018s board is reportedly planning to restructure its core business into a for-profit benefit corporation, giving CEO Sam Altman an equity stake. According to a report by Bloomberg, Altman, who is already a billionaire, may emerge from it a much richer man, depending on how the situation unfolds. Quoting sources familiar with the matter, the report says that if the fundraising \u201cvalues OpenAI at $150 billion\u201d and if \u201cAltman ends up with a 7% stake, his fortune may soar by more than $10 billion\u201d, adding that this \u201cwould land him among the world\u2019s very richest people.\u201d<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-861230","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/861230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=861230"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/861230\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=861230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=861230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=861230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}