The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in Memphis, Tennessee.

While Altman’s investment through Y Combinator was known, his investment through Sequoia was not. OpenAI discloses Altman’s indirect investment in his own company through YC on its website.

He told American lawmakers at the time that he owns no equity in OpenAI, something he's said many times, claiming he just runs the company because he loves it. However, Altman recently said he ...