Cardano Founder Courts OpenAI’s Sam Altman – What Does He Want To Build?
November 19 2023 - 07:00AM
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OpenAI recently announced a shocking leadership change with Sam
Altman being ousted as CEO. After five years of being at the helm
of taking OpenAI from a $0 to $80 billion valuation, the AI company
is now at a crossroads with Altman departing and former Chief
Technology Officer (CTO), Mira Murati taking over as interim
CEO. Altman hasn’t provided specifics of his next actions;
however, he has posted on social media that he “will have more to
say about what’s next later.” In light of this, Charles Hoskinson,
the creator of Cardano, sees a window of opportunity. Hoskinson
gave the former CEO a bold proposal on social media platform X to
join hands in establishing a decentralized language learning model
in partnership with the Cardano blockchain. Sam @sama since
you have some free time now. If you are interested in doing a
decentralized LLM, then hit me up. Would be a fun Cardano
Partnerchain — Charles Hoskinson (@IOHK_Charles) November 18, 2023
Hoskinson Wants To Build A Decentralized Language Learning Model
Charles Hoskinson has a vision for AI that embraces
decentralization and openness. As the founder of Cardano and a
former co-founder of Ethereum, Hoskinson knows a thing or two about
building decentralized networks. Hoskinson’s vision of a
decentralized language learning model is ambitious, but
promising. Related Reading: Crypto Acceptance Grows As
Fidelity Joins Race For A Spot Ethereum ETF On the other end, if
there’s anyone who knows anything about language learning models,
it is definitely Sam Altman. The former CEO is known for being one
of the architects of the language models that power ChatGPT, which
has gained widespread adoption since its launch in November 2022.
Bitcoin (BTC) is currently trading at $36.680. Chart:
TradingView.com If Altman takes Hoskinson up on his offer, it could
mark a turning point in how AI models like ChatGPT are built and
how they serve users. A decentralized LLM would essentially be
available to everyone and resistant to censorship, tampering, and
monopolization by governments and large corporations, which is one
of the concerns being raised regarding existing LLMs.
Aftermath Of Sam Altman’s Removal As CEO Altmann’s removal as CEO
sent ripples around the AI and crypto industries. Greg Brockman,
president and one of the co-founders of OpenAI, also announced his
departure from the company. As one would expect, WorldCoin
reacted negatively to the news. According to data from
Coinmarketcap, Worldcoin (WLD) dropped by 12.75% in the hours
following the news of the CEO’s removal. However, the crypto has
since recovered and is now trading at $2.38. Related Reading:
Kaspa Binance Listing Sparks Frenzy: 50% Price Surge Captures
Investors’ Interest According to OpenAI’s announcement, the
decision to fire Altman was made by the board of directors, as
they’ve lost confidence in his ability to continue his duties as
CEO due to his lack of transparency in his communications. However,
rumors are that OpenAI investors are looking to reinstate Altmann
into his job as CEO. Cardano ADA is trading at $0.375 at the time
of writing. According to a crypto analyst, ADA could spike to the
$0.78 mark if it is able to break out of the current falling wedge
pattern. Featured image from Pexels
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