Exclusive | Sam Altman-backed chipmaking startup Rain AI explores sale after $150M fundraising flops: sources

Exclusive | Sam Altman-backed chipmaking startup Rain AI explores sale after 0M fundraising flops: sources

An upstart chipmaker backed by Sam Altman is exploring a sale after plans to raise $150 million from private investors fell through – and OpenAI is among the suitors, The Post has learned.

Rain AI — a San Francisco-based startup that says it’s developing chips that are more powerful and energy-efficient than those currently being sold by giants like Nvidia — has been in talks to be acquired for several weeks, sources said.

It’s unclear whether OpenAI has yet…

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https://nypost.com/2025/05/15/business/sam-altman-backed-chipmaking-startup-rain-ai-explores-sale-after-150m-fundraising-flops-sources/