AltC Acquisition Corp. (formerly Churchill Capital Corp. VIII)

• US
• AltC Acquisition Corp. (formerly Churchill Capital Corp. VIII)
• Finance

ALCC

We are a newly incorporated blank check company formed as a Delaware corporation for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. We may pursue an initial business combination in any business or industry but expect to focus on a target in an industry where we believe our management team and co-founders’ expertise will provide us with a competitive advantage.

Our team will be led by our co-founder, Sam Altman, an entrepreneurial and thought leader with a proven track-record of growth investing within the technology industry. Mr. Altman is also the co-founder and CEO of OpenAI, a leading AI research and deployment company, and the Chairman of Y Combinator. OpenAI’s mission is to ensure AGI benefits all of humanity. OpenAI began as a research lab in 2015, with a focus on building AGI. OpenAI’s primary, fiduciary duty is to humanity, with the commitment to safely deploy AGI for the benefit of all, and to avoid enabling uses of AI or AGI that harm humanity or unduly concentrate power. Prior to founding OpenAI, Mr. Altman served as President of Y Combinator, a leading Silicon Valley startup accelerator.

During his tenure as President, Mr. Altman led the expansion of Y Combinator’s portfolio to approximately 400 companies per year. Under Mr. Altman’s leadership, Y Combinator successfully executed investments in premiere companies including Airbnb, Stripe, DoorDash, Instacart, and Coinbase. Mr. Altman is recognized as having been a major force in leading Y Combinator’s launch into deep or “hard” technology companies, directly working with founders on long-term strategies to develop their technology to build companies with massive impact. Mr. Altman also launched Y Combinator Continuity, a Y Combinator fund focused on growth-stage companies. Mr. Altman is regarded as an entrepreneurial leader and visionary due to his track record of identifying promising opportunities and nurturing their growth to become prominent and established players with massive impact.

Offering Team

Pre-IPO Investors

Deal Highlights

less

More

Deal Tracker

Stock Price