© Reuters. FILE PHOTO: Sam Altman, CEO of Microsoft-backed creator of OpenAI and ChatGPT, speaks during a conference at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen /File Photo
(Reuters) – Sam Altman, the recently ousted CEO of OpenAI, told investors he plans to launch a new company, the Information newspaper reported on Saturday.
Former OpenAI President Greg Brockman is expected to join the effort and the project is still in development, the report added, citing a person familiar with the matter.
Altman could not be reached for comment and Brockman did not immediately respond to a Reuters request for comment.
Altman and Jony Ive, former Apple (NASDAQ:) design chief, discussed building a new artificial intelligence (AI) hardware device, Information reported in September. It also reported at the time that SoftBank (TYO:) CEO Masayoshi Son was also involved in the conversation.
The board of directors of OpenAI, the company behind the hit product ChatGPT, expelled its high-profile CEO, Altman, on Friday. Co-founder Brockman resigned shortly after Altman’s firing.
Altman’s ouster was due to a “communication breakdown,” not “malfeasance,” Chief Operating Officer Brad Lightcap wrote in an internal company memo earlier Saturday and seen by Reuters.