OpenAI Co-Founder Altman Plans New AI Venture

Sam Altman, the recently ousted CEO of OpenAI, has been telling investors that he is planning to launch a new artificial intelligence venture, according to a person familiar with the matter. Former OpenAI president Greg Brockman is expected to join the effort and the project is still in development, the person said. The exact nature of the venture wasn’t immediately known. (Update: As of Saturday night, OpenAI was optimistic about bringing back Altman and Brockman, The Information first reported.)

More details, meanwhile, have also emerged about Altman’s broader ambitions in developing AI. He has been in discussions with semiconductor executives, including chip designer Arm, on Friday morning about early efforts to design new chips that would lower costs for large-language model companies like OpenAI, a person familiar with the talks said. That effort would likely take years. It couldn’t be learned whether Altman was representing OpenAI or a separate venture in the discussions.