OpenAI s VC fund altered governance, separating CEO Altman s ownership. Ian Hathaway now leads, managing investments and accelerator programs. Altman s role clarified post scrutiny on his external investment activities.
OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high-profile chief executive Sam Altman no longer owns or controls the fund, according to a filing with the US Securities and Exchange Commission.
(Reuters) - OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high profile chief executive Sam Altman no longer owns or controls the fund, according to a filing with the US Securities and Exchange Commission (SEC).
As artificial intelligence (AI) becomes more prevalent, its energy consumption is skyrocketing, posing challenges to Big Tech s sustainability goals and prompting exploration of alternative energy sources like nuclear power.