San Francisco, May 29: OpenAI CEO Sam Altman has reportedly pledged to donate most of his wealth for charitable causes. Sam Altman played a crucial role in the development of ChatGPT along with the other team members. On November 17, 2024, Sam Altman made headlines when was fired from OpenAI for not having 'candid' behaviour by the company's board. This incident sent shockwaves to the tech and AI industry. After a few posts on X by Altman and OpenAI employees demanding his return, he was reinstated. 

The reports said that the acting CEO of OpenAI, Sam Altman, joined the list of billionaire philanthropists who donate their wealth to charitable causes. As per the reports, Sam Altman established the AI company as a non-profit organisation for the development of AI safety for the benefit of humanity. The OpenAI CEO reportedly said that he would continue with his goal of helping humanity by creating technology that would create abundance for people. Elon Musk Attacks Microsoft-Owned Professional Network LinkedIn, Says Platform Is ‘So Cringe It Will Make Your Toenails Curl’.

Sam Altman's pledge to donate half of his wealth was revealed by The Giving Pledge, an initiative started in 2010 by Warren Buffett and Bill Gates that encourages the wealthiest people to donate to charity. As per The Giving Pledge,  wealthy individuals could continue their philanthropic work during their lifetime or as they will. The reports said Sam Altman and his partner Oliver Mulherin recently signed into the organisation. Despite having a troubled past few months, OpenAI CEO Sam Altman managed to get up to $1 billion through investments. Adani Group Denies About Acquiring Stake in Paytm, Says ‘It Is Totally False and Untrue’.

According to the reports, The Giving Pledge includes over 240 philanthropists and the world's wealthiest people from around 30 countries. Among the wealthiest people who signed on for charitable causes are top billionaires like Elon Musk, Mark Zuckerberg, Warren Buffett, Reid Hoffman, Azim Premji, Michael Bloomberg, Melinda French Gates, and many others. The Giving Pledge's purpose is to inspire rich people to give more to humanity and exchange ideas to maximise the impact of giving. Sam Altman has net worth of around $2 billion, according to the Forbes.

(The above story first appeared on LatestLY on May 29, 2024 03:55 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).