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

Sam Altman reportedly has no equity in OpenAI, but new reporting shows that he would profit from an OpenAI deal to buy AI chips. Altman’s business dealings may have played a role in his recent firing as OpenAI’s CEO. The startup Rain AI is developing computer chips that replicate the human brain and Altman personally invested in the company. OpenAI has a deal to get first dibs on Rain’s chips, which are claimed to be 100 times more powerful than Nvidia’s GPUs. The blurry lines between Altman’s private investments and OpenAI’s business may have been a key reason for his firing.