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Windows Central
Windows Central
Technology
Kevin Okemwa

OpenAI's "collapse" fears reportedly date back to Chief Scientist Ilya Sutskever's abrupt departure — beyond recent bankruptcy reports with projections of $5 billion in losses within the next 12 months

Ilya Sutskever OpenAI Sam Altman Best Buy Greg Brockman Mira Murati CDKeys Amazon Apple Dell
Sam Altman (C), US entrepreneur, investor, programmer, and founder and CEO of artificial intelligence company OpenAI, and the company's co-founder and chief scientist Ilya Sutskever (R), speak together at Tel Aviv University in Tel Aviv on June 5, 2023.

What you need to know

  • According to a new report, high-profile execs at OpenAI feared the firm would collapse after Chief Scientist Ilya Sutskever abruptly left to focus on a "personally meaningful" project.
  • The executives reportedly tried to get the Chief Scientist to return to work, but it proved difficult to find a suitable position for the co-founder amid company restructures.
  • OpenAI was reportedly on the brink of bankruptcy with projections of $5 billion in losses within the next 12 months, but it managed to raise billions in a new funding round with NVIDIA and Microsoft at the last minute. 
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