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What to Know: OpenAI Bets Big

High stakes — Sam Altman is going all in. In an interview following Monday’s deal with AMD—which brought OpenAI's total deals this year to a value of roughly $1 trillion —Altman said that OpenAI was making a "company-scale bet" that it is now the right time to "spend a lot on infrastructure."

OpenAI's CEO is hoping that the more chips the company throws at training AI models, the more useful they'll become—and the more people will be prepared to pay for them. The

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