Urgent.News

What's breaking now, across thousands of outlets.

AI

Interview: OpenAI CEO Sam Altman warns: "There is a very real risk of too much power concentration"

In an exclusive interview with the Handelsblatt, Altman explains the recent security gaps, when the AI company finally wants to become profitable - and why children should keep their fingers off chatbots.

Translated from German Read in German

Interview: OpenAI CEO Sam Altman warns: "There is a very real risk of too much power concentration"

OpenAI, valued at $85 billion, faces significant challenges despite its success, including high losses and intense competition. CEO Sam Altman remains optimistic, believing the company is close to achieving a superintelligence that surpasses human capabilities. However, concerns are growing about Altman's leadership and the company's control over its own creations.

OpenAI's planned IPO, initially set for late summer 2026, has been delayed. The company, with around 6,000 employees, has an estimated annual revenue of $30 billion.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in AI

Samsung taps AI specialists to sharpen semiconductor edge

Han Bo-hyung, a deep-learning and computer-vision specialist, and Hahn Tai-rin, a data-engineering expert, have joined Samsung Electronics to strengthen the company's artificial intelligence (AI) capabilities. Samsung Electronics said the two AI specialists are expected to push AI deeper into semiconductor research and manufacturing.

More from Friday 14 August →