Cardano Founder Charles Hoskinson Offers Ousted OpenAI CEO New Partnership
Co-founder of Ethereum and founder of Cardano, Charles Hoskinson, was quick to offer Altman a new position in creating a decentralised language learning model.
Altman’s crypto project, Worldcoin, dropped 12% upon hearing the news, but quickly rebounded.
OpenAI have surged into the public eye over the past few years, largely on the back of several groundbreaking products like Chat GPT and DALL-E. Behind their growth from a zero-dollar valuation to a US$ 80 billion (AU$ 123 billion) empire was Sam Altman, who acted as CEO throughout this seminal period. However, in a stunning change in leadership, the OpenAI board ousted Altman, stating that they had “lost confidence in him” and that Altman was not “consistently candid in his communications with the board”. He has been replaced by Chief Technology Officer (CTO), Mira Murati.
Charles Hoskinson Makes Contact Over Language Learning Model (LLM)
As the founder of Cardano, co-founder of Ethereum and head of IOG, it’s fair to say that Charles Hoskinson is a big player in the crypto industry. Amid the aftermath of Altman’s surprise firing, Hoskinson was quick to try and court the ex-OpenAI CEO, who has long demonstrated an interest in the Web3 sector.
Hoskinson tweeted:
Sam since you have some free time now. If you are interested in doing a decentralised LLM, then hit me up. Would be a fun Cardano Partnerchain.
The proposed partnership would pair two of the most influential figures from their respective industries – Sam Altman is an experienced creator of language learning models, and Hoskinson has built some of the most powerful decentralised infrastructure in the world.
Sam Altman’s Worldcoin Project Tanks and Recovers
Worldcoin (WLD) is already one of the more controversial crypto projects on the market. The identity-based blockchain intends to use a decentralised network to streamline identity verification across sectors. However, several concerns regarding privacy and the legitimacy of the project’s “studies” have been raised since its inception.
The market’s reaction to Altman’s firing from OpenAI was fairly predictable – at least to begin with. The price of WLD sunk 12% in the immediate aftermath of his ousting, as investors believed his influence may be waning. However, this fall in price was short-lived, as WLD rebounded to the same price it was before the Altman news dropped. Where the coin moves from here is anyone’s guess – but Altman being removed from OpenAI leadership wasn’t the disaster for Worldcoin that many initially thought it may be.
WorldCoin (WLD), weekly chart, Source: CoinMarketCap
The post Cardano Founder Charles Hoskinson Offers Ousted OpenAI CEO New Partnership appeared first on Crypto News Australia.
Filed under: Bitcoin - @ November 20, 2023 3:10 am