Another Blow from the SEC: Its Next Target Was the Famous Artificial Intelligence Company!

Artificial intelligence company led by Sam Altman OpenAI It has been on the agenda for a while. While the company was struggling with management changes and discussions, this time it came up with a different issue. This time, he is being investigated by the Securities and Exchange Commission (SEC) in the USA for allegations of misleading investors.

According to the Wall Street Journal (WSJ), the investigation Sam AltmanIt developed based on internal correspondence involving . The investigation raises questions about the firm’s transparency and governance.

SEC Is Investigating OpenAI Company Led by Sam Altman

As reported by the Wall Street Journal, the Securities and Exchange Commission (SEC) has launched an investigation into OpenAI following concerns that investors may have been misled. This investigation comes on the heels of a leadership shakeup at the artificial intelligence firm that focused specifically on internal communications involving CEO Sam Altman.

Notably, Altman’s sudden dismissal and subsequent reinstatement in November 2023 triggered a significant overhaul of OpenAI’s board, including the departure of co-founder Ilya Sutskever.

Major investor Microsoft also announced in November artificial intelligence He had taken a non-voting seat on his firm’s board of directors. It was noteworthy that OpenAI remained silent on the issue despite WSJ’s requests for comment.

As Koinfinans.com reported, this investigation adds to the increasing scrutiny surrounding OpenAI’s governance structure, especially given its evolution from a non-profit organization to a leading player in the artificial intelligence industry.

source site-7