Story of the rise and fall of Sam Altman.. the godfather of artificial intelligence

Story of the rise and fall of Sam Altman.. the godfather of artificial intelligence
Sam Altman

OpenAI has decided to dismiss its co-founder, Sam Altman, who led the AI revolution by launching the ChatGPT program.

The company's board of directors said that the decision to dismiss Altman came because he was not "always frank in his communication with management."

“The board no longer has confidence in his ability to continue leading OpenAI,” the company said in a statement.

The Wall Street Journal reported that the company's technology director, Mira Moratti, will immediately assume the position of interim CEO.

Sam Altman (38 years old) rose to the top quickly after he co-founded Open AI 8 years ago and was considered a pioneer and driver of the artificial intelligence revolution, according to the Wall Street Journal.

OpenAI moved, at record speed, from a small, non-profit company to a giant in the world of technology with a market value of billions of dollars, thanks to the establishment of a for-profit arm that raised money from major backers, such as Microsoft.

The ChatGPT chatbot, presented by OpenAI, caused a global stir last year, thanks to its ability to write and communicate like humans.

Altman life

The British Sky News network said that Altman grew up in the US state of Missouri, where he obtained his first computer when he was eight years old.

The child then not only learned how to use the computer, but also mastered many programming sciences.

He attended John Burroughs School in St. Louis. After completing high school, he enrolled at the famous Stanford University, but he dropped out after two years, following in the footsteps of Bill Gates and Mark Zuckerberg, who did not complete their studies at Harvard University.

Altman's first project after leaving university was a smartphone app called "Loopt," which allows users to share their real-time location, selectively, with other people.

$44 million

Altman succeeded in raising about $30 million, with the help of a company that supports startups called “Y Combinator,” of which Altman became president in 2014, after selling his application for $44 million in 2012.

He founded his own venture capital fund, called Hydrazine Capital, which attracted enough investment to land him on Forbes' list of entrepreneurs under the age of 30.

The rise of the company

Altman controlled OpenAI for 8 years, after launching it in cooperation with the American billionaire, Elon Musk, in 2015. The two men financed the company, along with companies such as Amazon and Microsoft, with capital reaching one billion dollars.

The startup was run as a non-profit organization with the aim of developing artificial intelligence, "while ensuring that there would be no negative impacts on humanity."

But the company is no longer a nonprofit, and has grown to an estimated value of $29 billion, thanks to the remarkable success of its generative AI tools, ChatGPT for text and DALL-E for images.

The ChatGPT application gained tens of millions of users within weeks of its launch in late 2022, and the application astonished experts with its ability to pass the most difficult tests in the world, pass recruitment competitions, compose anything from political speeches to children’s homework, write computer program codes, and more.