Former OpenAI technology chief Mira Murati to raise capital for new AI startup, sources say

Mira Murati, the former chief technology officer at OpenAI, is reportedly raising funds from venture capitalists for her new AI startup, according to sources familiar with the matter. This new venture aims to build AI products based on proprietary models, said one of the sources who requested anonymity to discuss private matters. It remains unclear if Murati will assume the CEO role at this new AI startup.

New AI Startup Focus

Mira Murati’s new venture aims to develop AI products using proprietary models, with a focus on pushing the boundaries of what artificial intelligence can achieve. Sources close to the matter, who requested anonymity due to the confidential nature of the discussions, noted that the specific details regarding the startup’s product offerings are still under wraps. It remains unclear whether Murati will assume the CEO role in this new company, as her representative has declined to comment.

This uncertainty has sparked curiosity and excitement within the tech community. Murati’s extensive background in AI and her previous leadership roles make her a formidable player in the startup ecosystem. Her ability to secure funding is bolstered by her well-regarded reputation and the increasing investor interest in AI technologies, especially with former OpenAI technology chief Mira Murati to raise capital for new AI startup.

Potential for Significant Funding

Although discussions are still in the early stages, industry experts believe that Mira Murati could potentially raise over $100 million for her venture. This is largely attributed to her strong reputation within the tech community and the substantial financial resources required to develop proprietary AI models. One source emphasized that while the numbers are promising, they have not yet been finalized, indicating that more negotiations are likely to occur before any concrete agreements are reached.

The AI landscape is witnessing a surge in investment as businesses and venture capitalists look to capitalize on advancements in technology. Murati’s startup could significantly benefit from this trend, especially given her track record and the unique vision she brings to the table. The prospect of former OpenAI technology chief Mira Murati raising capital for a new AI startup has certainly captured the attention of potential investors.

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Collaboration with Barret Zoph

In addition to Murati’s leadership, Barret Zoph, a prominent researcher who also left OpenAI on the same day as Murati in late September, may play a crucial role in the new venture. Insiders have suggested that Zoph could also get involved, potentially bringing valuable expertise and insights to the project. Zoph has not yet responded to requests for comment regarding his involvement.

Earlier reports from The Information indicated that Zoph is planning to launch his startup as well, adding another layer of intrigue to the situation. Murati’s efforts to recruit former OpenAI staff for her new project suggest that she is looking to assemble a talented team to support her vision and enhance the startup’s chances of success, further solidifying the narrative of former OpenAI technology chief Mira Murati raising capital for new AI startup.

Murata’s Impressive Track Record at OpenAI

During her six-year tenure at OpenAI, Mira Murati played an instrumental role in spearheading groundbreaking initiatives such as ChatGPT and DALL-E. These projects have significantly impacted the AI landscape, demonstrating the capabilities of advanced machine learning models in generating human-like text and creating stunning visual art. Her efforts also included securing OpenAI’s substantial partnership with Microsoft, which remains the company’s largest financial backer.

Murati’s rapid rise within OpenAI has established her as one of the leading figures in artificial intelligence. She joined OpenAI in June 2018 and quickly advanced to the role of CTO by May 2022, according to her LinkedIn profile. Before her time at OpenAI, Murati held positions at the augmented reality firm Leap Motion and automotive giant Tesla.

Public Face of OpenAI

As a prominent public figure at OpenAI, Murati often appeared alongside CEO Sam Altman, representing the organization in various forums and presentations. Her leadership was particularly evident during the unveiling of the GPT-4o model in May, which is capable of engaging in lifelike voice interactions. Murati’s role in this demonstration highlighted her significant contributions to the organization and showcased her ability to communicate complex AI concepts to a broad audience.

Departure and Future Endeavors

Mira Murati’s sudden resignation in late September marked a pivotal moment for OpenAI, which is undergoing substantial changes in its governance structure, including the removal of control from the non-profit board. In her brief tenure as interim CEO when Altman was ousted last year, Murati cited a desire for personal exploration as the reason for her departure.

As Murati embarks on this new journey, she adds her name to a growing list of former OpenAI leaders launching their own ventures, alongside emerging competitors like Anthropic and Safe Superintelligence. The narrative surrounding former OpenAI technology chief Mira Murati raising capital for a new AI startup has captured the interest of the tech world, and all eyes will be on her as she navigates this new chapter. With her leadership and expertise, the possibilities for innovation seem limitless.