Ramp’s $44B bet on metered intelligence as corporate spend
chamath.substack.com · 1,016 words · saved by 1 readers
A summary of the interesting content that I consumed this past week…
What I Read This Week: a summary of the content that I consumed this past week… Caught My Eye… 1) OpenAI third phase: an AGI for everyone On June 8, OpenAI submitted a confidential draft S-1 to the SEC, announcing the filing itself. The filing came one week after Anthropic disclosed its own IPO preparations. OpenAI was last valued at $852 billion in March; Anthropic closed its Series H at $965 billion on May 28. The same day, Sam Altman and Jakub Pachocki published “Built to benefit everyone,” declaring a “third phase” for the company built around three goals: (1) an automated AI…
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