Recently ousted OpenAI CEO Sam Altman told investors he plans to start a new company. Sam Altman revealed the information on Saturday (November 18). Former OpenAI president Greg Brockman is expected to join the initiative, which is still under development, Sam Altman said. 

Sam Altman and Greg Brockman did not respond to Reuters' requests for comment. Sam Altman and former Apple design chief Jony Ive are reportedly in talks to develop a new hardware device powered by artificial intelligence (AI). OpenAI’s board of directors fired CEO Altman on Friday (November 18). Co-founder Brockman also resigned shortly after Altman was fired.