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Down Round

Why Is OpenAI's Sam Altman Raising $7 Trillion? (PREVIEW)

15 Feb 2024

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This is a free preview of a premium episode. To subscribe to Down Round Premiun and get access, head here. The word on the street is that Sam Altman, the once embattled and now seemingly fine CEO of OpenAI, is currently out in the market trying to raise money for a new microchip-related venture. The amount of money he's raising? Seven trillion dollars, which is about 10% of global GDP. In this episode, we discuss the insane computing requirements of a company like OpenAI, and why Sam might be looking to find a new friend other than Nvidia. Links Sam Altman Seeks Trillions of Dollars to Reshape Business of Chips and AI โ€“ The Wall Street Journal OpenAI Shifts AI Battleground to Software That Operates Devices, Automates Tasks โ€“ The Information See omnystudio.com/listener for privacy information.

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