Explorer

OpenAI CEO Sam Altman & Partner Oliver Mulherin Sign Giving Pledge, To Give Away Most Of Their Wealth

Sam Altman now joins the likes of Elon Musk, MacKenzie Scott, and other notable figures who are also the signatories of Giving Pledge.

Sam Altman, the OpenAI chief who was also recognised as the CEO of the Year (2023) by TIME magazine, alongside his partner Oliver Mulherin, declared their commitment to donating the majority of their wealth through signing the Giving Pledge. This initiative, spearheaded by prominent figures such as Bill and Melinda French Gates and Warren Buffett, urges the world's wealthiest individuals to allocate a substantial portion of their fortunes to charitable causes either during their lifetimes or through their wills.

'Pay It Forward'

Expressing their gratitude in a pledge letter, Altman and Mulherin acknowledged the support they've received on their journey. "We would not be making this pledge if it weren't for the hard work, brilliance, generosity, and dedication to improve the world of many people that built the scaffolding of society that let us get here. There is nothing we can do except feel immense gratitude and commit to pay it forward, and do what we can to build the scaffolding up a little higher."

ALSO READ: iOS 18 To Get GPT Features? Apple Tipped To Be In Talks With OpenAI Ahead Of WWDC

The duo outlined their philanthropic focus, which revolves around bolstering technology that fosters abundance and societal progression. This emphasis resonates with their belief in harnessing technological innovation to enhance lives and propel societal development forward.

Joining The Likes Of Scott, Musk, Others

Among the distinguished signatories of the Giving Pledge are notable figures like MacKenzie Scott, Reid Hoffman, and Elon Musk, who have pledged substantial resources toward addressing diverse global challenges.

Although Altman does not hold equity in OpenAI, his ventures have propelled him onto the radar of billionaire lists such as Forbes and Bloomberg this year. His investment portfolio spans a variety of ventures, including Reddit, Stripe, and interests in groundbreaking startups like Helion and Retro Biosciences. Additionally, Altman has diversified his holdings through investments in YC funds and real estate ventures.

Altman's decision to join the Giving Pledge underscores his commitment to leveraging his wealth and influence for positive change. By prioritizing technological innovations that benefit society at large, he aims to contribute to a future characterized by abundance and equitable opportunities for all.

Top Headlines

Reddit Community Cracks Down On Alleged AI Manipulation Campaign: Report
Reddit Community Cracks Down On Alleged AI Manipulation Campaign: Report
Ray Dalio Warns AI Hype May Be Setting Investors Up For A Bubble Burst
Ray Dalio Warns AI Hype May Be Setting Investors Up For A Bubble Burst
You Wouldn't Block A Disabled Parking Space. Why Block An EV Charger?
Building EV Chargers Is Easy. Getting People To Use Them Properly Is Hard
Boat Takes A Page Out Of Xiaomi's Playbook, Enters Personal Grooming With New Slazer Trimmer Range
Boat Takes A Page Out Of Xiaomi's Playbook, Enters Personal Grooming

Videos

Khan Sir Case: Lawyer Claims No Injury, Calls FIR ‘Conspiracy’, Plans Anticipatory Bail
BREAKING: Khan Sir Reaches Patna Civil Court to Surrender in Coaching Firing Case
Khan Sir Case: Bodyguards’ Confession Over Firing Deepens Legal Trouble in Patna Probe
UP Politics: Sapa Hits Back at Minister’s ‘Paper Leak Drop’ Claim, Sparks Major Political Row
Khan Sir Surrender: Viral Video Sparks Controversy, Court Appearance in Patna Today

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget