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Sam Altman says OpenAI will not go public until model safety standards are met
In a press Q&A after the DevDay keynote, Sam Altman said OpenAI will not go public before it can make reliable commitments on model safety, and he did not give a clear timeline. He said waiting too long would be bad for the world, but that the current period of leapfrogging model capabilities and new safety requirements makes pushing ahead with an IPO unwise. He also mentioned that going public could bring pressure to disappoint Wall Street supporters for the sake of safety.
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Fluidstack Completes $1.5 Billion Financing at a Valuation of $18 Billion
AI infrastructure company Fluidstack has completed $1.5 billion in financing at a post-money valuation of $18 billion, led by quantitative trading giant Jane Street, with its valuation rising from $7.5 billion to $18 billion within 60 days. Its core asset is a multi-billion-dollar compute contract signed with Anthropic, and it is participating in Anthropic's plan to deploy up to 1 million Google TPUs, becoming the first publicly disclosed TPU data center operator other than Google. The article points out that this circular financing, in which the funder simultaneously acts as customer and guarantor, carries systemic risk, and that Fluidstack's revenue is highly concentrated in a single customer such as Anthropic.
AI infrastructure company Fluidstack has completed $1.5 billion in financing at a post-money valuation of $18 billion, led by quantitative trading giant Jane Street, with its valuation rising from $7.5 billion to $18 billion within 60 days. Its core asset is a multi-billion-dollar compute contract signed with Anthropic, and it is participating in Anthropic's plan to deploy up to 1 million Google TPUs, becoming the first publicly disclosed TPU data center operator other than Google. The article p
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