y combinator

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

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

    Sam Altman reportedly has no equity in OpenAI, a strange move for a tech founder, but new reporting from Wired this weekend shows the CEO would profit from an OpenAI deal to buy AI chips. OpenAI signed a previously unknown deal back in 2019 to spend $US51 million on advanced chips from a startup Sam…


  • Y Combinator Quietly Ends Relationship With Peter Thiel

    Y Combinator Quietly Ends Relationship With Peter Thiel

    Amidst last year’s US presidential election, Silicon Valley was publicly at odds with Peter Thiel’s support for Donald Trump. But that wasn’t enough to convince people like Y Combinator’s president Sam Altman to stop working with Thiel. Now, in what has to be one of the stealthiest announcements ever, the partnership between Y Combinator and…