"SEC Probes OpenAI CEO Sam Altman's Investor Communications"

1 min read
Source: Fox Business
"SEC Probes OpenAI CEO Sam Altman's Investor Communications"
Photo: Fox Business
TL;DR Summary

The Securities and Exchange Commission is reportedly investigating whether investors in OpenAI were misled, subpoenaing communications of past and present board members and executives, including CEO Sam Altman, following his controversial firing and subsequent return. The probe comes as Altman seeks to raise billions for a chip venture and OpenAI completes a deal valuing the Microsoft-backed startup at $80 billion or more.

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