This chapter explores the significance of compute in AI and discusses Sam Altman's motivations for building AI chip plants, influenced by his previous experiences and the high cost of running an AI company. It also touches upon a debate about the valuation and significance of AI companies compared to enterprise software firms.
Bloomberg and FT report on Sam Altman's latest efforts to raise billions to build more AI chip manufacturing capacity. Plus ElevenLabs becomes AI's latest unicorn.
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