OpenAI CEO Sam Altman has transferred formal control of the eponymously firm’s named corporate venture fund to Ian Hathaway, OpenAI confirmed to TechCrunch. The OpenAI Startup Fund, launched in 2021, was initially set up with Altman as its named controller. The arrangement could have presented a major issue to the company if he had not […]
OpenAI built a voice cloning tool, but you can’t use it… yet
As deepfakes proliferate, OpenAI is refining the tech used to clone voices — but the company insists it’s doing so responsibly. Today marks the preview debut of OpenAI’s Voice Engine, an expansion of the company’s existing text-to-speech API. Under development for about two years, Voice Engine allows users to upload any 15-second voice sample to […]
Should artists be paid for training data? OpenAI VP wouldn’t say
Should artists whose work was used to train generative AI like ChatGPT be compensated for their contributions? Peter Deng, VP of consumer product at OpenAI — the maker of ChatGPT — was loath to give an answer when asked on SXSW’s main stage this afternoon. “That’s a great question,” he said when SignalFire venture partner […]
OpenAI announces new board members, reinstates CEO Sam Altman
Sam Altman, the CEO of OpenAI, has a seat at the table — or board, rather — once again. OpenAI today announced that Altman will be rejoining the company’s board of directors several months after losing his seat and being forced out as OpenAI’s CEO. Joining alongside him are three members, former CEO of the […]
OpenAI fires back at Musk, and Monzo raises a megaround
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, focused on startup and venture capital news that matters. If you are a founder or an investor, this one is for […]