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Sam Altman Removed From OpenAI Startup Fund As Backed Auto Company Shuts Down Within 5 Months Of Investment

Sam Altman Removed From OpenAI Startup Fund As Backed Auto Company Shuts Down Within 5 Months Of Investment
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Sam Altman Removed From OpenAI Startup Fund As Backed Auto Company Shuts Down Within 5 Months Of Investment

OpenAI CEO Sam Altman has been removed from the company’s venture capital arm OpenAI Startup Fund. The move comes as fund-backed startup Ghost Autonomy announced its shutdown five months after receiving a significant investment. This highlights the volatile, yet lucrative, nature of startup investing and venture capital. Established in 2021, the OpenAI Startup Fund aims to foster innovation in sectors where artificial intelligence (AI) can have a transformative impact, such as healthcare, educat

Audi Joins the Autonomous Driving Software Race

Audi and Applied Intuition are working on autonomous driving tech that could power automated highway driving in the future but they'll have to compete with Tesla and Mercedes.

Bay Area layoffs: A tech giant and a $5 billion startup slash jobs

Bay Area layoffs: A tech giant and a $5 billion startup slash jobs
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