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rajaman0
This article presents no source for this claim, and the rest of the article is re-hashing stuff that has been well covered

This is clickbait - publications should report on facts and confirmed sources, not speculate and try to get clicks.

minimaxir
"according to a person familiar with the matter" is a source.
ohdannyboy
No it isn't. It's a plea from a journalist to trust that they actually have one and have the judgement to vet if the source is any good.

It's no more credible than the reporter, and I've never heard of this one.

superhumanuser
Could the OC be sarcasm? Perhaps they forgot the /s?
freedomben
Being riddled with ads also doesn't increase my trust level. This really seems like their attempt to capitalize on the crazy level of interest right now.
dkarras
I mean even the first sentence of the article is factually incorrect. He did not "step down".
tonyhb
Plenty of people invest on the side, founders or not. It's not uncommon.
gbolcer
First rule of startups. Never lie to your board. Second rule, never lie to your CEO.
ianhawes
> Altman, unusually, didn’t have equity in OpenAI

> Altman was part of the original group of tech leaders that invested $1 billion to launch OpenAI in 2015

Err, does he have equity or does he not?

jedberg
Not. He put up money for the non-profit that was basically a donation.
next_xibalba
It was founded as a non-profit. So that $1B was not in exchange for equity. They changed to a capped profit model in 2019. As part of this, Open AI Global LLC was created. This for profit (capped at 100x initial investment) is controlled by the original OpenAI LLC. Employees were granted something like profit participation/equity in Open AI Global LLC, and new investments went into this entity under similar terms. Altman has repeatedly claimed no equity, so, taking him at his word, he did not participate in whatever the profit participation/equity arrangement that was made for employees and new investors.