Ousted OpenAI CEO Sam Altman plans new AI venture with former president Greg Brockman

Sam Altman, the recently ousted CEO of OpenAI, is planning to launch a new AI company with former OpenAI president Greg Brockman expected to join. The project is still in development and the exact nature of the company is unknown, The Information reports, citing a person familiar with the matter. Altman is already talking to investors. While still CEO of OpenAI, Altman has been in talks with semiconductor executives, including chip designer Arm, about early efforts to design new chips for large AI models like GPTs. The new venture could include AI hardware devices and chip development. Altman's deep ties to Silicon Valley and support from venture capitalists could help attract talent to the new venture, including more employees who might leave OpenAI after the recent turmoil.