New Delhi, Nov 18 (IANS) Several Indian startup founders and CEOs have expressed solidarity with ousted OpenAI CEO Sam Altman, who came to India in June this year and met Prime Minister Narendra Modi, saying Boards need to better align with founders. . BharatPe co-founder and former managing director Ashneer Grover said he would love to one day see “60-year-old board members come together as founders to build anything meaningful”.
“Sam, I’m going through the same things in India,” said Grover, who was ousted from fintech firm BharatPe in 2022 over allegations of financial irregularities.
Vijay Anand, popularly known as The Startup Guy, who has worked to help create a startup ecosystem in the country, said it’s ironic that “we have strangulation on one side and on the other side CEOs who are too smart and commit fraud and bleed money and the board is watching helplessly”.
“Perhaps what is needed is a governance AI that monitors and will ensure that business is above the board and will escalate to the board as needed,” Anand posted on ‘X’.
In June, Altman met PM Modi and discussed India’s incredible tech ecosystem with him. Altman, who also addressed students and others at the Indraprastha Institute of Information Technology Delhi (IIIT-Delhi), said he had a great conversation with PM Modi.
“Great conversation with @narendramodi discussing India’s incredible tech ecosystem and how the country can benefit from AI,” Altman posted on ‘X’.
“Really enjoyed all my meetings with people in the @PMOIndia,” he added.
Altman also faced controversy during his India visit when his comment was taken out of context.
Altman was heard saying in a video that India’s chances of developing a ChatGPT-like tool were “hopeless”.
He later explained that his answer was taken out of context, emphasizing that he specifically addressed the question of competition with OpenAI with a mere $10 million investment.
Altman encouraged Indian startups to explore new avenues and contribute innovative ideas to the world.
Last month, Altman invested in an AI startup founded by two Indian-origin teenagers Aryan Sharma and Ayush Pathak in Silicon Valley in the United States. The startup called Induced AI, founded this year, raised $2.3 million in its seed funding round led by Altman and VC firm Peak XV, along with “an incredible set of investors.”
— IANS
na/pgh
