11/23/2023 0 Comments Pastelink.net dropbox november 2017Angel investing Īltman invests in technology startups and nuclear energy companies. Using a distribution mechanism for its cryptocurrency similar to UBI, Worldcoin attempts to incentivize users to join its network by getting their iris scanned using Worldcoin's orb-shaped iris scanner. Worldcoin aims to provide a reliable way to authenticate humans online, to counter bots and fake virtual identities facilitated by artificial intelligence. Worldcoin Īltman co-founded Tools For Humanity in 2019, a company building a global iris-based biometric system using cryptocurrency, called Worldcoin. He announced the return of Steve Huffman as CEO on July 10, 2015. Reddit Īltman was the CEO of Reddit for eight days in 2014 after CEO Yishan Wong resigned. Īltman testified before the United States Senate Judiciary Subcommittee on Privacy, Technology, and the Law on about issues of AI oversight. When OpenAI launched in 2015, it had raised $1 billion. OpenAI was initially funded by Altman, Greg Brockman, Elon Musk, Jessica Livingston, Peter Thiel, Microsoft, Amazon Web Services, Infosys, and YC Research. As of early 2020, he is no longer affiliated with YC.īy 2020, Sam Altman had left Y Combinator to focus full-time on OpenAI as CEO. This decision came shortly after YC announced it would be moving its headquarters to San Francisco. In March 2019, YC announced Altman's transition from the president of the company to a less hands-on role as Chairman of the Board, for him to focus on OpenAI. YC Research has thus far announced research on basic income, the future of computing, education, and building new cities. A week earlier, Altman had introduced Y Combinator Research, a non-profit research lab, and donated $10 million to fund it. In October 2015, Altman announced YC Continuity, a $700 million equity fund investing in YC companies as they matured. 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 his expanded role as 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 Airbnb, Dropbox, Zenefits, and Stripe. In February 2014, Altman was named president of Y Combinator by its co-founder, Paul Graham. Y Combinator Īltman became a partner at Y Combinator in 2011, initially working there on a part-time basis. The following month, Altman co-founded Hydrazine Capital with his brother, Jack Altman. In March 2012, it was acquired by the Green Dot Corporation for $43.4 million. As CEO, Altman raised more than $30 million in venture capital for the company however, Loopt failed to gain traction with enough users. In 2005, at the age of 19, Altman co-founded Loopt, a location-based social networking mobile application. In 2005, after one year at Stanford University studying computer science, he dropped out without earning a bachelor's degree. He received his first computer at the age of eight. He was the president of Y Combinator and was briefly the CEO of Reddit.Īltman is Jewish, and grew up in St. He was the co-founder of Loopt and is the current CEO of OpenAI. 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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