The US Securities and Exchange Commission (SEC) is conducting an investigation into ChatGPT developer OpenAI, informed sources told The Wall Street Journal.
The regulator’s interest is related to the possible deception of the company’s investors; The SEC is now studying the employment correspondence of OpenAI founder and director Sam Altman and other former and current senior managers.
According to the newspaper’s sources, the commission demanded to provide internal correspondence as early as December last year, following the situation with the resignation of Sam Altman. In November, the company’s board of directors fired Altman due to a loss of trust.
However, a few days later, OpenAI announced that a deal had been reached and Altman would return to the CEO role.
As WSJ interlocutors explain, the commission’s interest is explained by the events of November. The company is run by a nonprofit of the same name, and the business division’s investors include venture capitalists, employees and Microsoft, which previously invested $13 in the project. The latter currently owns a 49% stake in OpenAI.
The newspaper notes that the commission often suspends controls without filing charges.
Earlier this month it became known that Sam Altman is looking for investors to launch his own AI chip production.
Last fall, the media wrote that the company was exploring opportunities to reduce its dependence on Nvidia.
Author:
Natalia Gormaleva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
