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Who is the founder of OpenAI?

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American entrepreneur and programmer, Sam Altman is the founder and current CEO of OpenAI. It was launched in 2015 and raised $1 billion. However, it was abandoned until 2020, when Altman left his position at Y Combinator to fully focus on it.

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Born on April 22, 1985, Altman started his career in programming when he was just 19 years old. He co-founded Loopt – a location-based social networking mobile app.

FILE PHOTO: Sam Altman speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 18, 2017. REUTERS/Lucy Nicholson/File Photo

He was able to raise over $30 million in venture capital for the company but unfortunately, it still failed to gain traction with enough users. It was acquired by the Green Dot Corporation for $43.4 million in 2012.

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In 2011, Altman became a partner at Y Combinator after initially working part-time. He was named the President of the company in 2014. He shared that he hoped to expand the company to fund 1,000 new companies every year.

In March 2014, it was announced that Altman had transitioned from President to a less-busy role as Chairman of the Board so he can focus properly on OpenAI. He finally exited the company in the first quarter of 2o20.

The shortest term Altman has held in a higher position in his career so far was his role as CEO of Reddit in 2014, which lasted for only eight days until he was replaced by Steve Huffman.


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