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The Latest Breaking News from Y Combinator

From Stanford dropout to doomsday prepper, who is Sam Altman, the ousted CEO of OpenAI?

After a messy weekend of tech boardroom drama, Sam Altman, the ousted CEO of OpenAI, has been hired by Microsoft after bid to reinstate him failed. Emma Loffhagen reports on the 38-year-old entrepreneur who has become one of the most recognisable faces in tech.

Evening Standard

'Ctrl Altman Delete': How Sam Altman was pushed out of the world's best-known AI business

Everything we know so far about Altman's shock departure

Evening Standard

Microsoft is giving some startups access to serious Nvidia AI power

Microsoft wants to get startups out of the door more quickly with free, high-performance AI hardware in the cloud.

TechRadar

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A discussion of Sam Altman's net worth illustrated through the companies he has led, founded, or invested in.

One of the biggest players in the AI revolution, OpenAI co-founder and CEO Sam Altman has a net worth of between $500 million and $700 million.

The Street

3 takeaways from Y Combinator’s summer startup class

The accelerator’s Demo Day was all about A.I. startups—but a couple of other themes emerged.

Fortune

Paul Graham calls A.I. ‘the exact opposite of a solution in search of a problem’

A.I. "is turning out to be the missing piece in a large number of important, almost-completed puzzles," said the Y Combinator cofounder.

Fortune

Meet Sam Altman, the man behind OpenAI's revolutionary ChatGPT

A few years ago, Altman was heading a venture capital firm. Now, he's running one of the most high-profile tech companies on the planet.

The Street

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Sam Altman: the OpenAI CEO leading the AI revolution

The launch of ChatGPT last November propelled OpenAI, and its co-founder and CEO Sam Altman, into the global spotlight.

The Week

Garry Tan breaks down the key metric in Y Combinator's new list of top startups

The accelerator's focus on net revenue is to "encourage people to build businesses of real, great value."

Fortune

Sam Altman has "enough money" but has other 'selfish' reasons for leading OpenAI

OpenAI CEO Sam Altman emphasized that he has no equity in the company and cares more about having an "interesting life."

Fortune

Paul Graham says remote work ‘does work initially,’ which is why it ‘fooled’ leaders who have since ‘changed their minds’

"Remote work does work initially, if you start with a system already healthy from in-person work," said the Y Combinator cofounder.

Fortune

Airbnb’s CEO and cofounder says the best advice he was ever given was ‘counterintuitive’ to what most people would tell you

One of Airbnb’s early investors taught Brian Chesky a valuable lesson that helped the company’s founders grow their business.

Fortune

Paul Graham on the one quality startup founders need

It isn’t obvious who has it, noted the Y Combinator cofounder, but it's why he bet on Airbnb despite his doubts about the concept.

Fortune

Sam Altman: the quick, deep thinker leading OpenAI

San Francisco (AFP) - An influential Silicon Valley presence for more than a decade, OpenAI CEO Sam Altman is emerging as the tech titan of the AI age, riding the wave of ChatGPT, the bot his company unleashed on the world.

AFP

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Fortune

Accelerator interest spikes as VCs bulk up seed investing

Especially in A.I., Accelerators are seen as a way to get broad access to talent and tech.

Fortune

Sam Altman lists the startup rules OpenAI broke on its way to a nearly $30 billion valuation

“Don’t invest,” he told potential investors who said the ChatGPT maker was doing it all wrong.

Fortune

Airbnb's CEO says a $40 cereal box changed the course of the multi-billion-dollar company

Airbnb's founders had trouble convincing early investors that people would want to stay with strangers. Then a $40 cereal box helped change their minds.

Fortune

Sam Altman wants to give you crypto to scan your eyeballs. Can he get 8 billion people stare into a futuristic orb to prove they're not A.I. bots?

Inside the ChatGPT founder’s other venture, a crypto-powered sci-fi startup.

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Asharq Al-Awsat

One of Silicon Valley's Top Banks Fails; Assets are Seized

Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a US financial institution since the height of the financial crisis almost 15 years ago. Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week…

WEKU

Silicon Valley Bank failure could wipe out 'a whole generation of startups'

The implosion of Silicon Valley Bank could force hundreds of tech startups to lay off workers or shut down completely. It remains unclear how much, if any, of depositors' money will be returned.

The New Daily

Shockwaves rock US tech and finance sectors as Silicon Valley Bank goes belly-up

US regulators have seized Silicon Valley Bank's assets, marking the largest failure of a financial institution since the height of the GFC

Fortune

The tech mogul who gave the world ChatGPT is investing $180 million into a life extension startup

At startup incubator Y Combinator, Sam Altman got interested in aging research after an experiment with old and young mice, MIT Tech Review reported.

Fortune

YC's Surbhi Sarna says work-life balance is a misnomer

How one medical device founder-turned-investor kept all the balls in the air at once.

Fortune

Inside Initialized Capital’s next moves as co-founder and star investor Garry Tan steps back

Jen Wolf and Brett Gibson lay out the future of the early-stage VC firm.

The Street

The Good Times Are Over for Startups

Sequoia Capital and Y Combinator have told startups that cutting costs is a priority.

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