GoKawiil
Tech News
Investors have approached OpenAI proposing a fresh funding round that could value the company at $1.2 trillion, though no formal talks have begun, according to people familiar with the matter. Some backers see the round partly as a mechanism for employees to sell shares, similar to the roughly $7 billion secondary sale OpenAI completed in August following its $122 billion raise at an $852 billion valuation in March.
Nvidia CEO Jensen Huang publicly dismissed Anthropic CEO Dario Amodei's proposal for antitrust exemptions that would let AI companies coordinate a slowdown in development, calling it unnecessary. OpenAI CFO Sarah Friar separately said she isn't concerned about pausing AI progress, arguing the intelligence already built is substantial enough to matter even if development stopped now.
OpenAI's CFO Sarah Friar told CNBC's Jim Cramer that while she isn't fearful of AI agents causing mass casualties, the company is prepared to slow its pace of development if researchers determine safety demands it. Her remarks arrive amid a surge of industry anxiety following a former Anthropic researcher's warning that AI could pose existential risks by decade's end, prompting figures like Dario Amodei, Elon Musk and Sam Altman to voice support for a broader slowdown.