It’s Time to Stop Taking Sam Altman at His Word

October 4, 2024

OpenAI logo with a metallic outline of a brain

(The Atlantic) – OpenAI announced this week that it has raised $6.6 billion in new funding and that the company is now valued at $157 billion overall. This is quite a feat for an organization that reportedly burns through $7 billion a year—far more cash than it brings in—but it makes sense when you realize that OpenAI’s primary product isn’t technology. It’s stories. (Read More)