Altman has denied rumors that he will get a 7% equity stake in the company that could be worth nearly $10 billion.

It turns out, that maybe a fancy notebook isn't all that helpful at all. That's according to OpenAI founder, and current CEO, Sam Altman. In a recent interview with the How I Write YouTube channel, Altman tells host David Perell that he only uses spiral-bound notebooks.

John Ive, former Apple design head, is partnering with OpenAI to develop an AI-based hardware product. The collaboration could disrupt consumer electronics, drawing parallels to how Microsoft and Google expanded into hardware.

Generative artificial intelligence company OpenAI could offer chief executive Sam Altman a 7 per cent equity stake in the company and restructure to become a for-profit business, sources told Bloomberg.