HOW SAM ALTMAN TIED TECH'S BIGGEST PLAYERS TO OPENAI

Summary from the TLDR newsletter

OpenAI CEO Sam Altman went on a dealmaking blitz to achieve his vision of securing seemingly endless computing power for his company. He played the egos of Silicon Valley's giants, resulting in a game of financial one-upmanship that has tied the fates of the world's biggest semiconductor and cloud companies to OpenAI. Vast swaths of the US economy are now betting on the success of a startup that is nowhere near turning a profit and facing a mounting list of business challenges. Investors don't seem to be bothered, as the stock prices of companies that have made deals with OpenAI have soared.