TLDR:
- OpenAI removes Sam Altman from its Startup Fund
- An independent investigation found no wrongdoing in terms of product safety or finances
OpenAI, a prominent startup, has removed Sam Altman’s ownership from its Startup Fund. This decision was made following an independent investigation that found Altman did not engage in any wrongdoing related to product safety or OpenAI’s finances. The OpenAI Startup Fund is currently investing $175 million, which was raised from OpenAI partners such as Microsoft. It is important to note that OpenAI itself is not an investor in this fund.
This development comes after Altman’s dramatic ouster from the company in November. Despite this, the investigation found no evidence of any misconduct by Altman. These recent changes underscore the company’s commitment to maintaining high standards and transparency in its operations.
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