TLDR · BIG TECH & STARTUPS

HOW A JOB AT OPENAI BECAME THE GREATEST LOTTERY TICKET OF THE AI BOOM

links.tldrnewsletter.com5 min read

Summary from the TLDR newsletter

OpenAI recently allowed employees to sell up to $30 million worth of shares each. The sale offers a peek into the flood of money that will soon hit America's tech capitals. OpenAI and Anthropic are gearing up for what will likely be some of the largest IPOs in history. The newfound wealth is driving up rental prices in San Francisco and sparking concerns about a growing class divide within the city.