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Sam Altman

Sam Altman

CEO of OpenAI

Appears in 6 stories

Born: April 22, 1985 (age 40 years), Chicago, IL
Net worth: 2.1 billion USD (2026)
Education: Stanford University (2005) and John Burroughs School
Spouse: Oliver Mulherin (m. 2024)
Parents: Connie Gibstine and Jerry Altman

Stories

OpenAI assembles record private funding round

Money Moves

Chief Executive Officer, OpenAI - Successfully closed record $110 billion funding round; now managing IPO preparation and contingent milestone execution

In October 2024, OpenAI raised $6.6 billion at a $157 billion valuation. Seventeen months later, on February 27, 2026, the maker of ChatGPT closed a record $110 billion funding round at a $730 billion pre-money valuation ($840 billion post-money)—the largest private capital raise in history. Amazon led with a $50 billion commitment ($15 billion upfront, $35 billion contingent on OpenAI achieving AGI or completing an IPO by year-end), while Nvidia and SoftBank each committed $30 billion. The round remains open for additional investors. The deal includes expanded infrastructure partnerships: Amazon will provide $100 billion in additional AWS compute services over eight years (on top of the existing $38 billion commitment), while Nvidia will supply 3 gigawatts of dedicated inference capacity and 2 gigawatts of training capacity using its Vera Rubin systems.

Updated Yesterday

The AI funding supercycle

Money Moves

Chief Executive Officer, OpenAI - Leading OpenAI through expansion amid mounting losses

Three years ago, Anthropic had not yet earned a dollar in revenue. This week, it closed a $30 billion funding round—the second-largest private tech raise in history—at a $380 billion valuation. The company now generates $14 billion in annualized revenue, having grown tenfold in each of the past three years.

Updated Feb 13

America's AI arms race

New Capabilities

CEO, OpenAI - Leading Stargate infrastructure buildout

The White House mobilized America's 17 national laboratories and tech's biggest players—OpenAI, Anthropic, Google, Microsoft, NVIDIA—for what officials call the AI equivalent of the Manhattan Project. The Genesis Mission aims to double US research productivity in a decade by connecting supercomputers, quantum systems, and AI into one discovery platform. Energy Secretary Chris Wright announced 24 corporate partners at a January 11 summit, each signing up to cement American technological dominance. Days later, OpenAI and SoftBank committed $1 billion to a 1.2-gigawatt Texas data center, while NVIDIA's Jensen Huang unveiled hardware promising AI tokens at one-tenth the cost.

Updated Jan 13

The AI reasoning revolution

New Capabilities

CEO, OpenAI - Leading OpenAI through intense competition and infrastructure challenges

OpenAI's GPT-5 dropped on August 7, 2025, completing AI's transformation from chatbots that string words together to systems that actually think through problems step-by-step. Google DeepMind's reasoning models won gold at the International Math Olympiad, solving problems only five human contestants cracked. Anthropic's Claude, Meta's Llama, and every major AI lab sprinted to build models that pause, plan, and reason rather than just predict the next word.

Updated Jan 8

Google ships Gemini 3 flash everywhere—and makes speed the default

New Capabilities

CEO, OpenAI - Competing directly as Google pushes Gemini into Search and developer defaults.

The rollout didn’t stop at “Flash is the default.” In the days after launch, Google filled in the missing contract with developers: Gemini 3 Flash Preview is now explicitly priced in the Gemini API, with context caching rates, batch pricing, and a clear note that Gemini 3-era Search grounding will begin billing on January 5, 2026.

Updated Dec 20, 2025

Disney bets $1 billion that OpenAI can turn Mickey into safe AI

Money Moves

Co‑founder and CEO, OpenAI - Driving OpenAI to lock in premium IP and consumer use cases as Sora scales.

Mickey Mouse just shook hands with the algorithm Hollywood spent two years trying to tame. Disney is investing $1 billion in OpenAI and letting Sora and ChatGPT Images legally pump out short videos and images starring more than 200 Disney, Pixar, Marvel, and Star Wars characters — but not the actors who play them.

Updated Dec 11, 2025