OpenAI’s trillion-dollar AI bet is a study in ‘riskmaxxing’

As successful as OpenAI has been since the launch of ChatGPT, the company is operating in an extraordinarily expensive and risky corner of tech, building frontier AI models at massive scale. Its future, even its survival, is far from certain. OpenAI is burning billions on top-tier AI research talent, carefully curated training data, and increasingly scarce computing power. Footing the bill is a growing cap table of VC and strategic partners, all betting on outsize returns within a few years....