, Columnist
OpenAI Launches Into Its Boring Is Beautiful Phase
The future is becoming clearer for Sam Altman
Photographer: Kyle Grillot/Bloomberg via Getty Images
Like having the hottest A-lister on your arm, being a company merely associated with the OpenAI hype machine can send your street cred soaring these days. On Monday, Advanced Micro Devices Inc. shares surged 24% on the back of a deal to sell OpenAI chips, adding some $63.4 billion to its market value. But the gains didn’t end with AMD, as Bloomberg News reported:
What these companies had in common was their involvement in the keynote address at OpenAI’s developer day in San Francisco — the “nerdapalooza” for those building products using AI.