OpenAI Is a Once-in-a-lifetime Startup

by Evan Armstrongin Napkin MathChatpGPT/Every illustration.Was this newsletter forwarded to you? Sign up to get it in your inbox. Unprecedented doesn’t quite cut it. Unhinged is directionally accurate, but still a little casual.There has never, ever been a company like OpenAI: in growth and, yes, hubris. This week’s funding announcement—$40 billion at a $300 billion post-money valuation—is the largest ever capital raise by a private company. But what makes San Francisco’s brightest star so unusu...