Sam Altman May Have Found a Loophole to Cash in at OpenAI

Sam Altman reportedly has no equity in OpenAI, a strange move for a tech founder, but new reporting from Wired this weekend shows the CEO would profit from an OpenAI deal to buy AI chips. OpenAI signed a previously unknown deal back in 2019 to spend $51 million on advanced chips from a startup Sam Altman is reportedly personally invested in. Altman’s web of private business interests seems to have played some role in his recent firing according to the report. —Maxwell Zeff Read More