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ChatGPT boss extended a helping hand to Silicon Valley bank victimized technology companies: you don't have to sign the documents and return the money after you have it.

via:新浪科技     time:2023/3/13 9:00:39     readed:80

Sina Science and Technology News Beijing time on March 13 morning news, it is reported that the collapse of Silicon Valley banks in the United States caused a global sensation, this incident led to many American technology companies in the payment of wages and daily operations of financial difficulties, a group of American technology industry executives began to help, including Sam Altman, CEO of chat robot ChatGPT developer OpenAI.

Doktor Gurson, CEO of Rad AI, revealed that his company was affected by the collapse of Silicon Valley banks and sent an email to Sam for help. Sam replied quickly within an hour or two, saying that it would provide at least six figures of financial aid money for Kasem to pay his employees, and Kasem could repay the loan later when he could.

Sam's brother Jack Altman posted on Twitter that Sam has recently been helping startups in trouble because of the Silicon Valley banking incident, without signing any documents but saying "give it to me later when you have money". "Sam's move is legendary."

Last week, the US financial regulator shut down Silicon Valley Bank on Friday after a run on customers' withdrawals due to plummeting share prices and a series of operational problems, affecting a large number of technology startups in California. Fortunately, however, many tech tycoons are beginning to respond positively.

The collapse of Silicon Valley Bank is also the second largest bank failure in the United States since the 2008 financial crisis.

On Friday, Brex, a US Internet finance start-up, announced that it would provide emergency credit assistance to technology companies in trouble. Later, Henrique Dubugras, the company's chief executive, revealed that he had received requests for credit assistance from about 1000 companies over the weekend, with loans worth as much as $1.5 billion.

In addition to helping himself, Sam also posted a post on Twitter calling on technology investors to provide financial help to the technology companies they invest in at this critical time, without any strings attached.

Sam said that even if Silicon Valley banks cannot find an acquirer or obtain outside investment support in the short term, startups with Silicon Valley bank funds will eventually be able to get back, but during this time, some technology companies will face liquidity problems, which is not their fault. Technology practitioners also need to receive wages to support their families.

Sam did not confirm how much money it gave to Rad AI and other technology companies, but Gurson estimated that Sam's aid to Rad AI and other technology companies totaled more than $1 million.

At present, the Federal Deposit Insurance Corporation has frozen the assets of Silicon Valley banks, and the founders of many California tech start-ups say they can only wait for further news and do not have any money to pay their employees.

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Responsible editor: Liu Liangliang

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