Saturday, August 23, 2025

Throwback to 19-Year-Old Sam Altman’s First Startup Pitch for ‘Loopt’ | Viral Video

A viral old video resurfaced on social media, featuring Sam Altman, CEO of OpenAI, pitching his first startup, a location-sharing app called ‘Loopt.’ This clip, shared by @artificialintelligencenews.in, drew attention to Altman’s vibrant neon polo shirt and his impressive career growth since the early 2000s. In the video, young Altman describes Loopt’s functionality, allowing users to see friends’ real-time locations and nearby activities. “We make serendipity happen,” he states, explaining how digital maps enhance user interaction through location tracking and photo sharing. Meanwhile, Altman announced plans to open OpenAI’s first office in Delhi, India, in September 2025, citing a 4x increase in ChatGPT users in the country over the past year. Altman expressed excitement about investing further in India, as OpenAI aims to become the world’s most valuable company, with a projected $500 billion valuation. This highlights the company’s significant growth and expansion strategies.

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