OpenAI buys $51 Million of AI Chips from a startup

Hey there, it’s me: Dirk Zee.

In a striking development, OpenAI, under CEO Sam Altman's leadership signed a letter of intent committing to a $51 million investment in Rain AI, a startup backed by Altman himself. This deal, intertwining personal and professional investments, raises intriguing questions about conflict of interest in the tech world and more importantly the previous dismissal of Sam as CEO.

OpenAI signed a letter of intent to acquire AI chips from Rain AI, a startup developing neuromorphic processing units (NPUs) that replicate human brain features, potentially offering significant advancements in computing power and energy efficiency.

Altman's personal investment in Rain AI, alongside his role as the CEO of OpenAI, shows the complex situations of personal interests that are becoming common in Silicon Valley since this isn’t the first time for Sam to be in such a situation.

The startup has recently faced changes in leadership and investors after a US Government body mandated that Saudi Arabia–affiliated fund Prosperity7 Ventures sell its stake in the company. The founding CEO George Wilson is also now an executive adviser with Passo taking the position of CEO. This could lead to a delay in Rain relaying its NPU chips.

This move by OpenAI, while strategically significant in the AI landscape, also raises questions for tech leaders in balancing personal investments with corporate responsibilities.

________________

Don’t miss your chance:

After 100s of happy customers, you can get your customized ChatGPT Course:

The best and only ChatGPT course you will ever need:

• All I know

• 15 modules

• Your own pace

• Lifetime Access

• Future Updates

• 3h video course

• + 4 ebooks + 50 Cheat Sheets

• AND: Request your own topic!!

Growing with future updates requested by you:

1. Join now

2. Reply with your topic

3. Watch it inside the course

Yes, I will record a video for you and it will become a part of the course!

Read the latest reviews :

Anuj Mane (Marketing & Business Development Specialist)
I highly recommend Dirk Zee for his exceptional insights into Artificial Intelligence and Large Language Models. His regular updates on LinkedIn are not only informative but also inspiring, keeping me engaged even during inactive phases. Dirk's "ChatGPT for Business Digital Course" stands out for its practical approach and has significantly contributed to the AI community's growth. His ability to demystify complex AI concepts is commendable. Dirk is truly an invaluable guide in the ever-evolving AI landscape.

Stefan Schicker (Lawyer)
I bought it! It's worth it! I especially love Chapter 3: Enhancing Communication and Collaboration!!

Course - Table of content:

I am sure you will love it.

Don’t miss your chance: https://www.ai-academy.click/offers/thurPFZL/checkout?coupon_code=NL

Have a transforming time and see you inside!
Dirk Zee