Tech

Sam Altman says OpenAI's new releases make him feel like a 'YC founder' building things in public all over again

Sam Altman speaking in Seoul.
"Lol I feel like a YC founder in 'build in public' mode again," Sam Altman wrote in an X post on Tuesday. Jung Yeon-Je/AFP via Getty Images
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OpenAI's CEO Sam Altman said on Tuesday that handling the ChatGPT maker's new product releases are reminding him of his early days as a Y Combinator-backed founder.

"Lol I feel like a YC founder in 'build in public' mode again," Altman wrote in a post on X.

Altman's remark comes after a busy week for OpenAI. The company released a new image generation feature for ChatGPT on March 25.

The new feature was a hit with users, who flooded social media with AI-generated images in the style of Japanese animation firm Studio Ghibli's films. Altman said in an X post on Monday that OpenAI saw a record spike in users after the feature was rolled out.

But the sudden uptick in users did cause some problems for OpenAI.

On Thursday, just two days after the new feature was released, Altman said that OpenAI's "GPUs are melting" from all the image generation requests they were getting from users.

"It's super fun seeing people love images in ChatGPT. But our GPUs are melting. We are going to temporarily introduce some rate limits while we work on making it more efficient," Altman wrote on X.

Then, in a subsequent X post made on Tuesday, Altman said the company was "getting things under control." He added that users "should expect new releases from OpenAI to be delayed, stuff to break, and for service to sometimes be slow as we deal with capacity challenges."

Altman may be best known for his work at OpenAI now, but the entrepreneur cut his teeth in the tech world at Y Combinator. The startup accelerator counts organizations like Airbnb, Dropbox, Stripe, and Twitch as alumni companies.

Altman's first startup, a social networking application named Loopt was one of the first few companies to be backed by Y Combinator in 2005. Loopt was later acquired by Green Dot, a banking company, in 2012 for over $43 million.

In 2014, Y Combinator's founder Paul Graham named Altman as his successor. Altman replaced Graham as Y Combinator's president, and held the role for five years. Altman stepped down as president in March 2019 to focus on OpenAI.

On Monday, OpenAI announced it had raised $40 billion at a $300 billion valuation. OpenAI's new valuation is nearly double what it was worth in October, when it raised $6.6 billion at a $157 billion valuation.

Representatives for Altman at OpenAI did not respond to a request for comment from Business Insider.

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Kwan Wei Kevin Tan
Kwan Wei Kevin Tan
Kevin was a reporter at Business Insider's Singapore bureau. He reported primarily on the ins and outs of the business world, whether it be breaking news, covering CEO moves, tracking quarterly earnings, or writing explainers.He also covered careers and workplace issues, and has written about career transitions, the FIRE lifestyle, the college internship arms race, and the job hunt struggles faced by computer science majors.BackgroundKevin joined Business Insider's Singapore bureau in 2023. Before that, he was a civil servant at Singapore's Ministry of Sustainability and the Environment. He was appointed to the Singapore government's Public Service Leadership Programme, a talent development programme that develops capable and talented individuals for key leadership positions in the public service.Kevin’s journalism career began in college, where he first worked as a researcher for Channel NewsAsia and The Economist, and later as an intern reporter at Bloomberg News. In 2017, the Queen Elizabeth Diamond Jubilee Trust awarded him the Leading Change Journalism Bursary. His stories have appeared in numerous publications, including Fortune, The Japan Times, and The Edge Singapore.Kevin holds a bachelor’s degree in business administration from the National University of Singapore, where he was an NUS Merit Scholar. He was also the recipient of the PwC Whole Leadership Award, the NTUC Income Prize, the CFA Singapore Prize, and the Outstanding Undergraduate Researcher Prize.