Continuing to be one of the largest platforms in the internet world redditAs of today, it is no longer open to the public. company.
Opened to the public exactly 19 years after its establishment redditIn this way, an important milestone has been left behind. The company, listed on the New York Stock Exchange, went public for approximately Aims to raise $631 million, valuing the company at just under $6.5 billion on this basis. In recent weeks, OpenAI CEO Sam Altman It was reported that he owns more Reddit shares than Reddit CEO Steve Huffman. Sora who turned the latest posts into a video making a splash with OpenAI CEO of the company Sam Altman, versus Steve Huffman’s 3.3 percent. It attracted attention with its ownership of 8.7 percent of the total shares.. Altman, who is said to have more than twice the voting power of Huffman, is among Reddit’s three largest shareholders (After Condé Nast owner Advance Publications and Chinese giant Tencent). According to reports, Altman was also on Reddit’s board of directors. Altman, who quietly left the Reddit board of directors in 2022 when OpenAI started to come to the fore, remained on the agenda for weeks after he was fired from OpenAI by the board of directors last year and later taken back.
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Sam Altman is currently looking for a truly huge investment to change the chip market. OpenAIdeveloped by ChatGPT Systems such as these work thanks to very large server systems, and in most of these servers Nvidia There are chips produced by. Knowing that this produces an extremely high cost, companies are developing their own chips / processors for productive artificial intelligence systems, and among the names working on this subject are OpenAI CEO Sam Altman also appears.