Sam Altman Removed From OpenAI Startup Fund As Backed Auto Company Shuts Down Within 5 Months Of Investment
OpenAI CEO Sam Altman has been removed from the company’s venture capital arm OpenAI Startup Fund. The move comes as fund-backed startup Ghost Autonomy announced its shutdown five months after receiving a significant investment. This highlights the volatile, yet lucrative, nature of startup investing and venture capital. Established in 2021, the OpenAI Startup Fund aims to foster innovation in sectors where artificial intelligence (AI) can have a transformative impact, such as healthcare, educat