#sam

Sam Altman, leading OpenAI, is orchestrating a billion-dollar investment drive to create microchips crucial for artificial intelligence progression.

The parents of Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX (Joseph Bankman and Barbara Fried), are refusing to give back assets received from their son. They've requested the court to dismiss the lawsuit filed by the company, asserting their ignorance of any fraudulent activities and claiming that the exchange is unjustly trying to confiscate their property.

The price of the AR token, belonging to the Arweave decentralized data storage platform, fell by 13% amid speculation about a potential hard fork. Sam Williams, the founder of the platform, indicated that data storage solutions provider Irys is contemplating a network reset.

Worldcoin, co-founded by Sam Altman, is launching the WAVE0 grant program worth about $5 million in WLD tokens. Its aim is to expand the possibilities for the developer community to advance the Worldcoin Tech Tree.

A former New York mob enforcer turned informant described SBF as feeling “out of his element” in jail and even considering paying another inmate for “protection.”

Sam Bankman-Fried found himself in unusual circumstances, sharing a cell with a former Honduran president and a former Mexican police chief with drug ties.

Before OpenAI CEO Sam Altman’s four-day exile, a group of staff researchers penned a letter to the board of directors, alerting them to a significant AI discovery that they believed could pose a threat to humanity.

A contingent of over five hundred OpenAI staff members has rallied behind an open letter to the company's executives, demanding a reshuffle of the board of directors or facing a mass resignation. This ultimatum is in direct response to the controversial dismissal of Sam Altman from the CEO role.

Major investors of OpenAI are pushing for the reinstatement of Sam Altman as Chief Executive Officer following the surprising board decision to terminate him last Friday.

Ross Rheingans-Yoo, an ex-employee of the now-bankrupt crypto exchange FTX's charitable arm, is pursuing legal action to claim the remaining $275,000 of a bonus he asserts was promised by Sam Bankman-Fried upon his recruitment. He has reportedly only received $375,000 for his tenure, which lasted less than a full year.

At the World Economic Forum in Davos, OpenAI's CEO Sam Altman highlighted the urgent need for a significant energy breakthrough to sustain the development of artificial intelligence (AI).

The U.S. Prosecutors have chosen not to pursue extra charges against Sam Bankman-Fried (SBF) regarding bribery of officials, unauthorized money transfers, and bank fraud. Law enforcement determined that this approach was the most pragmatic.

The cryptocurrency SOL, once championed by Sam Bankman-Fried of the now-bankrupt FTX exchange, has witnessed a remarkable rise, currently priced around $75. At the start of 2023, its cost was approximately $14, indicating an increase of over five times.

Sam Altman is set to make a comeback as the CEO of OpenAI following a mutually agreed resolution, with details yet to be disclosed. Greg Brockman, a co-founder of OpenAI who had earlier stepped down alongside Altman, is also set to return.

CTO Mira Murati will assume the role of interim CEO. The board’s decision followed a “deliberative review process,” which revealed concerns that Altman “was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.”

A year has passed since November 11, 2022, the day Sam Bankman-Fried resigned as the CEO of FTX and the company filed for bankruptcy.