OpenAI seeks $1.2T valuation as Dario Amodei calls for AI development slowdown
OpenAI is raising funds at a $1.2 trillion valuation while Anthropic's CEO urges the industry to pace frontier AI development over safety concerns.
What to know
- OpenAI is raising funds at $1.2 trillion valuation, representing a 41% increase from its March raise at $852 billion, with IPO delayed to 2027.
- A safety-minded faction in AI leadership—Anthropic's Dario Amodei and OpenAI's Sam Altman—publicly backs slowing frontier development over harm risks, while Nvidia's Jensen Huang dismisses such concerns as unfounded.
- NHTSA is scrutinizing Tesla's self-certification process for its wheelless Cybercab, questioning whether the company used temporary steering wheels and pedals to pass federal safety tests.
- SK Hynix is exploring US-based chip manufacturing in partnership with Intel, marking the company's first US production.
“how Tesla self-certified its Cybercab robotaxi as compliant with federal safety standards despite the vehicle having no steering wheel, no pedals, and none of the mirrors or even turn-signal controls”
NHTSA, National Highway Traffic Safety Administration · Yahoo Finance ↗
Dario Amodei Anthropic CEO
Sam Altman OpenAI CEO
Jensen Huang Nvidia CEOOpenAI AI startup seeking fundingSK Hynix Memory chip manufacturerTesla Automaker with autonomous vehicles
How it unfolded 3 developments, newest first · click a bar or a number to jump articles
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OpenAI raises funds at $1.2 trillion valuation
OpenAI is reportedly planning another funding round that would value the AI startup at $1.2 trillion, up from $852 billion when it last raised in March. The company has pushed its IPO to 2027.
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1 outlet first by Yahoo Finance, 11d ago · read ↗
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Jensen Huang dismisses AI doomsday concerns
On Monday's All In podcast, Nvidia CEO Jensen Huang said that fears of an AI doomsday scenario are simply made up.
“the fears of an AI doomsday scenario are simply made up…”
— Jensen Huang, Nvidia CEO · source - 1 day quiet
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NHTSA issues special order on Tesla Cybercab certification
The National Highway Traffic Safety Administration issued a special order requiring Tesla to produce information on how it self-certified its Cybercab robotaxi—which has no steering wheel, pedals, or turn signals—as compliant with federal safety standards. The agency is concerned whether Tesla used temporary steering wheels and pedals to pass certification then removed them.
“exploring various options…”
— SK Hynix · source -
background
SK Hynix explores US chip manufacturing with Intel — SK Hynix released a statement saying it is exploring various options following a Reuters report that the company is seeking to manufacture memory chips in the US for the first time at Intel's planned fabrication facility in Ohio. A separate plan would see SK Hynix create a venture with Intel and cloud giants to build the chips.
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background
Sam Altman backs Amodei's slowdown call — OpenAI CEO Sam Altman agreed with Amodei's position that the industry should slow frontier AI development.
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background
Dario Amodei calls for AI development slowdown — Anthropic CEO Dario Amodei posted an essay calling on AI companies to slow the pace of frontier AI development over fears it could cause harms to humanity.