News Post
Wired
| 5mOpenAI committed to buying $51 million of AI chips from a startup backed by CEO Sam Altman
OpenAI, the AI research organization, signed a letter of intent to spend $51 million on AI chips from Rain AI, a startup in San Francisco. Rain AI is developing a neuromorphic processing unit (NPU) that replicates features of the human brain. Sam Altman, the CEO of OpenAI, has personally invested over $1 million in Rain AI. The deal highlights Altman's personal investments intertwined with his role at OpenAI and the organization's commitment to secure chip supplies for AI projects. However, Rain AI has faced challenges, including a forced divestment by Saudi Arabia-affiliated fund Prosperity7 Ventures, raising concerns about national security risks.
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