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Former OpenAI CTO Mira Murati may be raising capital for new AI startup

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Mira Murati , the former CTO of OpenAI , is embarking on a new venture. As per a report, she is seeking funding from venture capitalists to launch her own AI startup focused on building products based on proprietary models.

Citing sources familiar with the matter, a report by news agency Reuters said that Murati may potentially raise over $100 million given Murati's impressive track record and the capital-intensive nature of AI model training.

The new company aims to build AI products based on proprietary models, one of the sources told Reuters, and she may assume the CEO role at the new venture.

Murati may join another ex-OpenAI employee
Murati resigned from OpenAI in September, along with prominent researcher Barret Zoph, bringing significant governance changes within the company. Zoph, who is hailed as a prominent researcher, may also get involved in the new venture, the sources told the news agency.

Her new venture adds to a growing trend of former OpenAI executives venturing out to establish rival AI companies, signalling a dynamic and evolving landscape in the field of artificial intelligence.

Murati spent over six years at OpenAI, spearheading projects like ChatGPT AI chatbot and DALL-E AI image maker. She is said to be a key figure in OpenAI's multibillion-dollar partnership with Microsoft , its largest financial backer.

As per her LinkedIn profile, Murati joined OpenAI in June 2018 and was promoted to CTO in May 2022. She has also worked at augmented reality startup Leap Motion and Tesla.

Along with OpenAI CEO Sam Altman, Murati was the public face of the ChatGPT maker and led the presentation of the launch of the GPT-4o model, which is capable of having realistic voice conversations.

Her resignation in late September marked the latest high-profile exit from the ChatGPT maker as the company is undergoing major structural changes.
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