The billionaire quips on the new race for artificial intelligence (AI), which very quickly replaced the crypto craze. Read More...
OpenAI’s long-time backer Reid Hoffman leaves board
LinkedIn co-founder Reid Hoffman is leaving OpenAI’s board to avoid conflicts of interest as he backs more artificial intelligence companies, he said in an online post. Hoffman, who has invested in and advised the startup since its 2015 founding, said his venture capital firm Greylock is funding companies such as presentation generator Tome, which are paying for tools from OpenAI, the creator of chatbot sensation ChatGPT. “By stepping off the board, I can proactively put to rest any downstream potential issues for both OpenAI and all Greylock portfolio companies I’ve backed,” he said, noting OpenAI has avoided conflicts to date.