> OpenAI’s ChatGPT unleashed an arms race among Silicon Valley companies and investors, sparking an A.I. investment craze that proved to be a boon for OpenAI’s investors and shareholding employees.
> But CEO and co-founder Sam Altman may not notch the kind of outsize payday that Silicon Valley founders have enjoyed in years past. Altman didn’t take an equity stake in the company when it added the for-profit OpenAI LP entity in 2019, Semafor reported Friday.
> OpenAI’s ChatGPT unleashed an arms race among Silicon Valley companies and investors, sparking an A.I. investment craze that proved to be a boon for OpenAI’s investors and shareholding employees.
> But CEO and co-founder Sam Altman may not notch the kind of outsize payday that Silicon Valley founders have enjoyed in years past. Altman didn’t take an equity stake in the company when it added the for-profit OpenAI LP entity in 2019, Semafor reported Friday.