OpenAI just raised another $8.3 billon in a funding round that values it at an unbelievable $300B, surpassing AMD, Coca-Cola, and General Electric
OpenAI’s business model is, at bottom, pretty simple. Sam Altman gets up on a stage somewhere, burbles a few lines about how AI is going to radically upend society and cure cancer, and then shareholders fall over themselves in a frenzied rush to thrust money upon this economic miracle-to-be. OpenAI sells subscriptions to users, sure,…