![]() In total, when the company launched in 2015, it had raised $1 billion from outside funders. The organization was initially funded by Altman, Greg Brockman, Elon Musk, Jessica Livingston, Peter Thiel, Microsoft, Amazon Web Services, Infosys, and YC Research. OpenAI was founded in 2015 and is a capped-profit research company whose stated goal is to advance artificial intelligence in a way that is most likely to benefit humanity as a whole, rather than cause harm. In 2019, Sam Altman left Y Combinator to focus full-time on OpenAI as CEO. He has said that nuclear energy is one of the most important areas of technological development. ![]() He is chairman of the board for Helion and Oklo, two nuclear energy companies. He announced the return of Steve Huffman as CEO on July 10, 2015. He was the CEO of Reddit for eight days in 2014 after CEO Yishan Wong resigned. As of early 2020, he was no longer affiliated with YC.Īltman is an investor in many companies, including Airbnb, Stripe, Reddit, Asana, Pinterest, Teespring, Zenefits, FarmLogs, True North, Shoptiques, Instacart, Optimizely, Verbling, Soylent, Reserve, Vicarious, Clever, Notable PDF (now Kami), and Retro Biosciences. This decision came shortly after YC announced it would be moving its headquarters to San Francisco. In March 2019, YC announced Altman's transitioning into a Chairman position to focus more on OpenAI. That same year, GLAAD recognized Altman with the Ric Weiland Award for promoting LGBTQ equality and acceptance in the tech sector. In 2017, Altman received an honorary Doctor of Engineering degree from the University of Waterloo for supporting companies from its Velocity entrepreneurship program. Īltman was named one of the "Best Young Entrepreneurs in Technology" by Businessweek magazine in 2008, and the top investor under 30 by Forbes magazine in 2015. YC Research has thus far announced research on basic income, the future of computing, education, and building new cities. Also in October 2015, Altman announced Y Combinator Research, a non-profit research lab, and donated $10 million to the group. In October 2015, Altman announced YC Continuity, a $700 million growth-stage equity fund that invests in YC companies. He also tried to expand the types of companies funded by YC, especially "hard technology" companies. Īltman said that he hoped to expand Y Combinator to fund 1,000 new companies per year. In September 2016, Altman announced that he would become president of YC Group, which included Y Combinator and other units. In a 2014 blog post, Altman said that the total valuation of Y Combinator companies had surpassed $65 billion, including well-known companies like Airbnb, Dropbox, Zenefits and Stripe. In February 2014, Altman was named president of Y Combinator by its co-founder, Paul Graham. Y Combinator Īltman began as a part-time partner at Y Combinator in 2011. It was acquired by the Green Dot Corporation for $43.4 million. After raising more than $30 million in venture capital, Loopt was shut down in 2012 after failing to get traction. In 2005, at age 19, Altman co-founded and became CEO of Loopt, a location-based social networking mobile application. For high school, he attended John Burroughs School and he studied computer science at Stanford University until dropping out in 2005. He received his first computer at the age of eight. Louis, Missouri his mother is a dermatologist. Early life and education Īltman grew up in St. Altman was named one of the 100 most influential people in the world by Time magazine in 2023. He has further invested in nuclear energy, as well as numerous technology companies. Formerly, he served as the president of Y Combinator and briefly as the CEO of Reddit. Additionally, he co-founded Worldcoin in 2020. He was the co-founder of Loopt and is the current CEO of OpenAI as of 2019. ![]() ![]() Samuel Harris Altman ( / ˈ ɔː l t m ə n/ AWLT-mən born 1985) is an American entrepreneur, investor, and programmer. ![]()
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