There are many AI unknowns this week. To sort them out, let's follow the money.
OpenAI is restructuring from a non-profit to a for-profit company. Its Chief Technology Officer, Mia Murati, announced that she's leaving. Murati played a pivotal role in getting OpenAI CEO Sam Altman booted from the company last year, and she briefly became its CEO in his absence. Then, with Microsoft's financial backing, Altman regained control over the company.
Whatever power struggles occurred behind the scenes, they have benefitted Altman. After the restructuring, OpenAI is discussing giving him a 7% equity stake. At OpenAI's current valuation, Altman's 7% would be worth around $10.5 billion.
What is 500 Words by Lee Schneider?
500 Words is a companion podcast to the 500 Words newsletter, written by Lee Schneider. It features blogs and newsletter read by the author. Past seasons have featured short-form interviews with creative folks from film, music, design, multi-media and more.