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☆ Tonight's vice presidential debate matters a lot more this time around
▼ + stars: | 2024-10-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, what you need to know about tonight's vice presidential debate , and why it's worth paying attention to. The big storyUp for debateDrew Hallowell/Getty Images; Andrew Harnik/Getty Images; Brandon Bell/Getty Images; Rebecca Zisser/BIOhio Sen. JD Vance and Minnesota Gov. ET for an uncharacteristically important vice presidential debate , write Business Insider's Brent D. Griffiths and John L. Dorman. Thanks to a hot streak at Miu Miu, Prada has done what few luxury retailers have been able to do this year: grow. In short, it doesn't get trendier than Miu Miu — and trendy is good for business.

Persons: —, Drew Hallowell, Andrew Harnik, Brandon Bell, Rebecca Zisser, JD Vance, Tim Walz, Insider's Brent D, Griffiths, John L, Dorman, Donald Trump, Kamala Harris aren't, Vance, Walz, hasn't, Brent, Trump's, There's, Harris, Joe Biden's, Matt Stroshane, Tyler Le, Blackstone, Getty, Justin Sullivan, Nvidia's, Jensen, Mira Murati, Natalie Ammari, That's, Miu Miu, Prada, Jimmy Carter, Mark Rutte, Jens Stoltenberg, Claudia Sheinbaum, Elliott Hill, Mike Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Microsoft, Getty, Ohio Sen, Minnesota Gov, CBS, Netflix, Republican, UBS, Venture, Murati, Consulting, Nike, NYSE Locations: Minnesota, Silicon, New York, London

☆ Exclusive: Health startup Roon is raising $15 million from Sequoia to replace 'Dr. Google'
▼ + stars: | 2024-10-01 | by ( Sri Muppidi | Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

Health startup Roon is raising $15 million at a $65 million pre-money valuation, BI has learned. AdvertisementHealth information site Roon is raising a new funding round, Business Insider has learned. Roon aims to replace "Dr. Google" with its website and app for consumers to ask their health questions and get expert answers. The company provides accessible medical information to users and partners with trained medical professionals to answer specific medical questions about users' health journeys. Related storiesToday, expert health information isn't always easy to find with a simple Google search.

Persons: —, Roon, Vikram Bhaskaran, Arun Ranganathan, Rohan Ramakrishna, OpenAI's, Bhaskaran Organizations: Service, Sequoia Capital, SV Angel, Union Square Ventures Locations: Sequoia

☆ VCs are rushing to meet with former OpenAI CTO Mira Murati in hopes of funding a new company
▼ + stars: | 2024-09-30 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +4 min

Mira Murati announced her departure from OpenAI last week. In an X post, Murati wrote, "I'm stepping away because I want to create the time and space to do my own exploration." AdvertisementVenture capitalists are clamoring to meet with Mira Murati, the former CTO of OpenAI, as Silicon Valley expects her to start her own company soon. In a X post, Murati announced her departure from OpenAI last week. Murati wrote, "My six-and-half years with the OpenAI team have been an extraordinary privilege…There's never an ideal time to step away from a place one cherishes, yet this moment feels right."

Persons: Mira Murati, OpenAI, Murati, Ilya Sutskever, —, … There's, Andrej Karpathy, Anthropic, Dario Amodei, Aravind Srinivas, Sam Altman, Mira, Bob McGrew, Barret Zoph, –, Altman, Wojciech Zaremba, Zaremba Organizations: Service, Venture, Business, OpenAI, Eureka Labs, San, supercomputing, Tesla, Microsoft, Altman, Reuters Locations: Silicon, OpenAI, San Francisco

☆ Big Tech just notched a huge win in California with an AI bill veto
▼ + stars: | 2024-09-30 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Gavin Newsom vetoed an artificial intelligence safety bill on Sunday. Gavin Newsom vetoed an artificial intelligence safety bill on Sunday, a win for AI heavyweights like OpenAI and Big Tech companies that lobbied against it. The debate in California reflects the challenge governments face walking the fine line between allowing tech companies to innovate while protecting against new potential risks. Elon Musk, who founded AI company xAI last year, said last month that although it was "a tough call and will make some people upset," he thought "California should probably pass the SB 1047 AI safety bill." Several former OpenAI employees also supported the safety bill and said that OpenAI's opposition to the bill was disappointing.

Persons: Gavin Newsom, Newsom, —, Sen, Scott Weiner, Wiener, didn't, Charles Schwab, Rob Sherman, Marc Andreessen, Andreessen Horowitz, Newsom's, Jason Kwon, Meta, Elon Musk, xAI, Dario Amodei, William Saunders, Daniel Kokotajlo Organizations: Service, Big Tech, Chevron, Tesla, Oracle, Venture Capital Locations: California, Silicon Valley

☆ Google to invest $1 billion in Thailand to build data center and accelerate AI growth
▼ + stars: | 2024-09-30 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Google announced Monday it is investing 36 billion Thai baht, or $1 billion, into Thailand for the creation of a new data center and expansion of the country's cloud infrastructure. The investment would see the company create its first data center in Thailand, Google said in a post on its Thailand blog Monday. Google said its debut Thai data center will be located in Chonburi, an eastern province of Thailand. The facility will "help support the growing demand for Google Cloud and AI innovations, as well as popular Google services such as Google Search, Google Maps and Google Workspace" in Thailand, Jackie Wang, Google's Thailand country lead, said in the blog post, according to an English translation taken via Google Translate. But the firm has increasingly come under threat from the surge of generative AI tools such as OpenAI's ChatGPT.

Persons: Jackie Wang, Wang, Thais Organizations: Google, Microsoft, Temasek, Bain & Company, Conomy SEA, Commission Locations: Zurich, Switzerland, Thailand, Asia, Chonburi, Southeast Asia

☆ Here's what OpenAI employees are saying about the company's future
▼ + stars: | 2024-09-30 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

OpenAI plans to restructure into a for-profit company, moving away from nonprofit board oversight. Here's what some former and current employees are saying about the latest changes. AdvertisementAfter a whirlwind week for OpenAI, former and current employees are weighing in on the company's path forward. Gretchen Krueger, a former policy researcher at OpenAI, said the company's nonprofit governance structure and cap on profits were part of the reason she joined in 2019 — the year that OpenAI added a for-profit arm. "Those of us at @OpenAI working on o1 find it strange to hear outsiders claim that OpenAI has deprioritized research.

Persons: —, Mira Murati, Barret Zoph, Bob McGrew, Sam Altman, OpenAI, hasn't, Altman, OpenAI's, Jan Leike, Gretchen Krueger, Noam Brown, Brown, Mark Chen, I've, it's Organizations: Service, OpenAI, Italian Tech, Outsiders, o1, Business Locations: Murati

☆ OpenAI has 2 years to transition to a for-profit company. Here are 6 key things it will need to do in that time.
▼ + stars: | 2024-09-29 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

OpenAI is transitioning to a for-profit company so it can raise billions more in funding. The company has operated under a nonprofit board since its launch, adding a for-profit arm in 2019. Almost a year later, many of those who disagreed with Altman's approach are gone, and OpenAI is transitioning into a fully for-profit company. There are several complex steps the company will need to take to make this change in under two years. AdvertisementAltman's equityUnder the new structure, Altman is set to get equity in the company.

Persons: —, OpenAI, Sam Altman, Alexander Reid, Altman, It'll, Jill Horwitz, Greg Brockman Organizations: Service, Microsoft, Nvidia, Wall Street, UCLA, Elon Musk Locations: OpenAI, Delaware

☆ Apple no longer in talks to invest in OpenAI: report
▼ + stars: | 2024-09-28 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Apple "fell out" of talks to invest in OpenAI's next funding round, The Wall Street Journal reported. The ongoing funding round, which could value OpenAI at $150 billion, could raise up to $6.5 billion. AdvertisementApple is no longer involved in talks to invest in OpenAI during the company's next funding round, The Wall Street Journal reported, citing a source familiar with the matter. OpenAI is expected to raise up to $6.5 billion from interested investors, The Journal noted. Other tech titans, including Microsoft and Nvidia, are still in negotiations to invest in the artificial intelligence company, per The Journal.

Persons: — Organizations: Street Journal, Service, Microsoft, Nvidia, Apple, Business Locations: OpenAI

☆ OpenAI execs were reportedly worried the company could collapse when Ilya Sutsveker left — and tried to woo him back
▼ + stars: | 2024-09-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

A new WSJ report sheds light on the internal tensions at OpenAI amid CTO Mira Murati's exit. The report said execs worried the company could collapse when cofounder Ilya Sutskever left in May. AdvertisementQuestions are swirling about what exactly has been going on at OpenAI amid a string of high-profile executive departures including former CTO Mira Murati. AdvertisementIt also reveals that executives worried about a potential collapse after OpenAI cofounder Ilya Sutskever left in May, and their attempts to woo the AI researcher back before reconsidering the offer. However, the Journal's reporting offers some fresh details about Murati's involvement as CTO amid the crunch to ready and ship new products.

Persons: Mira Murati's, execs, Ilya Sutskever, —, Mira Murati, Sam Altman, Murati's, Sutskever, Altman, hadn't, Jan Leike, Greg Brockman, Brockman, Murati, Sarah Friar Organizations: Service, Wall, Business, CNBC

☆ CNBC Daily Open: More all-time highs? Yes please
▼ + stars: | 2024-09-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Why are Treasury yields rising? Treasury yields tend to move in tandem with interest rates. When the U.S. Federal Reserve cut interest rates last week, it's not unreasonable to expect Treasury yields to dip.

Persons: Hong, it's, they've, Jeff Cox, Sam Altman, Bret Taylor, Sarah Friar, OpenAI's, Ishiba, Shigeru Ishiba, Sanae Takaichi Organizations: CNBC, Major, CSI, Treasury, U.S . Federal Reserve, Altman, PM, Liberal Democratic, Bank of, People's Bank of China, Barclays Locations: Major U.S, Asia, Pacific

☆ OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
▼ + stars: | 2024-09-27 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

OpenAI, the creator of ChatGPT, expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC has confirmed. The New York Times was first to report on OpenAI's financials earlier on Friday after viewing company documents. OpenAI, which is backed by Microsoft, is currently pursuing a funding round that would value the company at more than $150 billion, people familiar with the matter have told CNBC. Thrive Capital is leading the round and plans to invest $1 billion, with Tiger Global planning to join as well. The company will retain its nonprofit segment as a separate entity, a person familiar with the matter told CNBC.

Persons: ChatGPT, OpenAI, CNBC hasn't, Sarah Friar, Mira Murati, Matt McIlwain Organizations: CNBC, The New York Times, Microsoft, Tiger Global

☆ All the top OpenAI figures who have left since the 2023 attempt to oust CEO Sam Altman
▼ + stars: | 2024-09-27 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

OpenAI has lost a slew of key leaders since last year's effort to push out CEO Sam Altman. Here are 10 OpenAI leaders who have left the company since November. Shortly afterward, CEO Sam Altman said that two other executives, Bob McGrew and Barret Zoph, would also leave OpenAI. Like many companies, OpenAI has seen turnover among its highest ranks since its founding in 2015. But since an attempt to oust Altman as OpenAI's CEO last November, the company has lost multiple executives and key leaders.

Persons: OpenAI, Sam Altman, Mira Murati, —, Bob McGrew, Barret Zoph, Altman, McGrew's, Elon Musk, Altman's, Helen Toner, Tasha McCauley, Toner, McCauley, Greg Brockman Organizations: Service, ChatGPT Locations: OpenAI

☆ Why Sam Altman doesn't think AI will replace writers
▼ + stars: | 2024-09-27 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Open AI CEO Sam Altman said he doesn't see AI replacing human writers. AI's use in writing has grown since ChatGPT's launch, with some authors even using AI to write and illustrate books. AdvertisementWhile multiple jobs are seemingly at risk of one day being replaced by AI, Sam Altman doesn't believe writers are one of them. One freelance writer previously told BI that they lost a job after their client began using AI to replace his services. But Altman remains confident that human writers will maintain an advantage over AI — original idea generation.

Persons: Sam Altman, Altman, —, Sam Altman doesn't, podcaster David Perell, Tim Boucher, Claude, ChatGPT, OpenAI Organizations: Service, o1, GPT

☆ Anthropic's comms chief mocks OpenAI after cofounder's bizarre tweet about jacuzzis and the Middle Ages
▼ + stars: | 2024-09-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

An Anthropic executive jumped at the opportunity to mock OpenAI in response. AdvertisementTech rivalries are always a hot topic on X, and on Friday, an Anthropic executive couldn't help but take a jab at OpenAI. OpenAI cofounder Wojciech Zaremba took to X on Friday to wax poetic about the latest high-profile departures. He likened the exits of Murati, Zoph, and McGrew to children dying in the Middle Ages. Just hours later she wrote on X, "Happy to report that Anthropic's co-founders all still merrily work at the company.

Persons: OpenAI, Mira Murati, Bob McGrew, —, Sam Altman, Altman, Barret Zoph, Wojciech Zaremba, Zaremba, McGrew, Sasha de Marigny, Anthropic, Anthropic's, Anthropic’s, — Sasha de Marigny, John Schulman Organizations: Service, OpenAI Locations: Murati

☆ An OpenAI shake-up wouldn't just make Sam Altman richer — he'd have more control, too
▼ + stars: | 2024-09-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Since 2019, the company has had what Sam Altman called an "unusual" hybrid structure. AdvertisementAfter operating under what Sam Altman called an "unusual" structure for more than four years, OpenAI is reportedly preparing to become a for-profit business. OpenAI could be structured as a public-benefit corporation, Bloomberg reported, an entity that balances profit with mission. An OpenAI spokesperson told the outlet the nonprofit entity "will continue to exist" and was core to its mission. OpenAI was established as a nonprofit in 2015, but in 2019, it created a "capped profit" subsidiary, OpenAI LP.

Persons: OpenAI, Sam Altman, Altman, —, Mira Murati, Anthropic, it's, Anat Alon, Beck, Alon, Eric Chaffee, Chaffee, OpenAI didn't Organizations: Service, Reuters, Bloomberg, CNBC, Elon, Microsoft, Case Western Reserve University's School of Law, Case Western Reserve University Locations: OpenAI, Delaware

☆ OpenAI execs were reportedly worried the company could collapse when Ilya Sutskever left — and tried to woo him back
▼ + stars: | 2024-09-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

☆ OpenAI's CFO is trying to get the company's investors to keep calm and carry on
▼ + stars: | 2024-09-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

OpenAI CFO Sarah Friar emailed investors the day after three top execs suddenly left, per CNBC. Friar sought to soothe investor worries, saying the firm is still "laser-focused" on AI that can bring them returns. AdvertisementOpenAI's chief financial officer, Sarah Friar, is trying to assure investors that the company is still in good hands despite the sudden exit of three top executives, according to an email reported by CNBC. The outlet's Kate Rooney cited an email from Friar to OpenAI investors on Thursday night, a day after the firm saw the departure of its chief technology officer, Mira Murati. Murati, McGrew, and Zoph left OpenAI just a month after other top leaders stepped away from the company in August.

Persons: Sarah Friar, execs, Friar, OpenAI, —, Kate Rooney, Mira Murati, Barret Zoph, Bob McGrew, helming Nextdoor, nix, Sam Altman, Zoph Organizations: CNBC, Service, Research, Post, Bloomberg, Business Insider Locations: OpenAI

☆ How we're thinking about 7 portfolio stocks with ties to OpenAI after its latest shakeup
▼ + stars: | 2024-09-26 | by ( Morgan Chittum | ) www.cnbc.com time to read: +11 min

We're taking a keen interest because several stocks in the Club portfolio have ties to the startup behind ChatGPT. Co-founder Ilya Sutskever, who had been chief scientist, also left earlier this year and launched a new AI startup. Microsoft Microsoft got the first-mover advantage among big tech firms because of its early investment in OpenAI. As of now, we still haven't heard much about Lilly's exact plan to utilize OpenAI's technology. OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.

Persons: OpenAI, Sam Altman's, There's, Mira Murati, she's, Bob McGrew, Barret Zoph, Altman, Ilya Sutskever, it's, here's, ChatGPT, Jim Cramer, Jim, That's, —, OpenAI's, Jensen Huang, Nikesh Arora, Morgan Stanley Morgan Stanley, Morgan, Eli Lilly Eli Lilly, Eli Lilly's, Einstein, Marc Benioff, Jim Cramer's, Sam Altman, Jason Redmond Organizations: Club, Microsoft, Nvidia, Reuters, CNBC, Apple Intelligence, Apple, Bloomberg News, Street, Microsoft Microsoft, Blackwell, Palo, Palo Alto Networks, Employees, OpenAI, Barclays, Jim Cramer's Charitable, AFP, Getty Locations: OpenAI, Redmond, Washington, Palo Alto, Redmond , Washington

☆ AI leaders are reacting to OpenAI's wild 24 hours with a mix of schadenfreude and concern
▼ + stars: | 2024-09-26 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

It's been a wild 24 hours at OpenAI. Meanwhile, CEO Sam Altman said Thursday the exec departures were unrelated to restructuring talks. AdvertisementIt's been a wild 24 hours at OpenAI, with three high-level execs leaving the company — including CTO Mira Murati — and reports it's restructuring as a for-profit benefit corporation. Speaking at Italian Tech Week Thursday, OpenAI CEO Sam Altman said the executive departures and restructuring talks were unrelated. "I obviously won't pretend it's natural for this one to be so abrupt, but we are not a normal company," he wrote.

Persons: It's, Sam Altman, —, Mira Murati —, Sam Altman's, execs, Altman, Elon Musk, Gary Marcus —, Altman —, Sora hasn't, Marcus, Nicolas Miailhe, Miailhe, I've, it's, Mark Chen, Bob McGrew Organizations: Service, Italian Tech, OpenAI, Bloomberg, Reuters, Geometric Intelligence, Future Society Locations: —

☆ OpenAI has 4 big challenges it needs to conquer in its quest for AI dominance
▼ + stars: | 2024-09-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +9 min

OpenAI bleeds C-suite executivesAs OpenAI chases a massive fundraising round, the startup continues to deal with a staff exodus. The nonprofit side of OpenAI will still exist and have a minority stake in the for-profit company, the sources told Reuters. "Given the ambitions of OpenAI, a non-profit structure has been too constraining. AdvertisementThe debate over whether OpenAI should be a for-profit company has been a bone of contention for one very vocal tech industry bigwig — Elon Musk. Park, the corporate law expert, told BI that the for-profit governance structure could also leave OpenAI vulnerable to greater government scrutiny.

Persons: —, OpenAI, Mira Murati, Sam Altman's, Murati, Barret Zoph, Bob McGrew, Altman, Greg Brockman, Wojciech Zaremba, Brockman, Ilya Sutskever, John Schulman, Peter Deng, Sutskever, James, I'd, Slack, Gene Munster, She's, Mira, — Elon, Musk, Gary Marcus, Marcus, Musk's, Mark Zuckerberg, xAI, Sam Altman, Munster Organizations: Service, Technology, Business, Microsoft, Nvidia, Wired, University of California, OpenAI, Bloomberg, Deepwater Asset Management, Reuters, Intelligence, Guardian, Meta Locations: It's, OpenAI, Los Angeles

☆ Nvidia's days of absolute dominance in AI could be numbered because of this key performance benchmark
▼ + stars: | 2024-09-26 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Liang told Business Insider he expects 90% of AI computing workloads will be in inference in the not-too-distant future. AdvertisementThat's why several startups are charging aggressively into the inference market — emphasizing where they might outperform the goliath in the space. Speed is an important factor when multiple AI models talk to each other and waiting for an answer can dampen the magic of generative AI. The number of tokens per second that can be consumed (when a prompt goes in) and generated (when a response comes out) is a common metric for AI computing speed. AdvertisementCerebras's AI chip is roughly size of a dinner plate.

Persons: —, Rodrigo Liang, Colleen Kress, workloads, Liang, Andrew Feldman, Bernstein, Colette Kress, Kress, Nvidia's, SambaNova, Anthropic's Claude, Nvidia isn't, Jensen, Dylan Patel, Patel Organizations: Service, Business, SambaNova Systems, Nvidia, ARM, AMD, o1, BI Locations: Artificialanalysis.ai, TCO

☆ OpenAI CFO tells investors funding round should close by next week despite executive departures
▼ + stars: | 2024-09-26 | by ( Kate Rooney | ) www.cnbc.com time to read: +2 min

OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in a strong position and is poised to close a big funding round soon, despite losing top talent this week. In an email to OpenAI's investors seen by CNBC, Friar addressed the departure of Chief Technology Officer Mira Murati, who announced her departure on Wednesday. "I wanted to personally reach out following the news of Mira's departure from OpenAI," Friar wrote in the letter, which was viewed by CNBC. Friar said in the email that the funding round was oversubscribed and would close by next week. "Collectively, we remain laser-focused on bringing AI to everyone and building sustainable revenue models that fuel our operations and deliver value to our investors and employees," Friar wrote.

Persons: Sarah Friar, Friar, Mira Murati, Sam Altman, Bob McGrew, Barret Zoph, she's, OpenAI, Altman, Murati Organizations: CNBC, Microsoft, Apple Locations: OpenAI, San Francisco

☆ CNBC Daily Open: AI-adjacent companies may be the next big play
▼ + stars: | 2024-09-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. markets slipped as Asian stocks riseU.S. stocks mostly fell Wednesday. The S&P 500 lost 0.19% and the Dow Jones Industrial Average slipped 0.7%, while the Nasdaq Composite closed near the flatline. Support for semiconductor plansIndian Prime Minister Narendra Modi plans to turn the country into a semiconductor powerhouse.

Persons: Mira Murati, Bob McGrew, Narendra Modi, Modi, Meta, Blackstone, Equity's Organizations: CNBC, Dow Jones, Nasdaq, SK Hynix, Indian, Labs Locations: U.S, Hong Kong, India, Asia

☆ Read the note CEO Sam Altman sent to OpenAI staff announcing another 2 big exits
▼ + stars: | 2024-09-26 | by ( Sarah Gray | ) www.businessinsider.com time to read: +3 min

But Zoph confirmed his departure, posting a note to X saying he decided to leave OpenAI. And The Verge's Kylie Robison posted on X that McGrew had left the company. When Mira informed me this morning that she was leaving, I was saddened but of course support her decision. For the past year, she has been building out a strong bench of leaders that will continue our progress. Mira, Bob, Barret, and Mark will be there.

Persons: OpenAI, Zoph, Kylie Robison, McGrew, Altman, Mira, Bob, Barret, Mark, Jakub, Josh Achiam, Kevin, Srinivas, Matt Knight, Matt, Josh, Sam Organizations: Research, Mission Locations: OpenAI

OpenAI is said to be closing a funding round that could value the company at as much as $150 billion. "Kushner is betting the ranch on OpenAI and Sam Altman just as Masa Son pledged 40% of his Vision Fund on Yahoo and Jerry Yang. "Second, Sam Altman has proven himself to be one of the greatest tech founders of this generation. Sam Altman has said that AI superintelligence could be a reality within "a few thousand days ." "Everybody wants Sam Altman at the helm, and they're willing to do anything to keep him as the CEO.

Persons: OpenAI, —, Sam Altman, ChatGPT, Mira Murati, Bob McGrew, Barret Zoph, Murati's, John Schulman's, Joe Aaron, Aaron, Capital's Josh Kushner, Kushner, Masa Son, Jerry Yang, Jerry Yang wasn't, Jai Das, Goldman Sachs, who's, Altman, they've, Ben Narasin, They're Organizations: Service, Research, Post, Reuters, Nvidia, Apple, Fund, Yahoo, Sapphire Ventures, Venture Locations: Silicon, UAE, OpenAI

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