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Y Combinator president Sam Altman steps down to focus on OpenAI

Author: Khari Johnson / Source: VentureBeat

Sam Altman, president of Y Combinator and co-chairman of OpenAI, attends the annual Allen & Company Sun Valley Conference, July 8, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference.
Above: Sam Altman, president of Y Combinator and co-chair of OpenAI.

Sam Altman is planning to step down from his role as president of Y Combinator, one of the best-known startup accelerators in Silicon Valley. He’s leaving the position to focus on his work as cochair of prominent nonprofit research organization OpenAI, Y Combinator announced today.

OpenAI was created in 2015 with $1 billion in funding from YC Research and people like Altman, SpaceX cofounder Elon Musk, investor Peter Thiel, LinkedIn cofounder Reid Hoffman, and Y…

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