Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Binance’s CZ is discussing AI investment with Sam Altman
BLOCKCHAIN NEWS

Binance’s CZ is discussing AI investment with Sam Altman

By Crypto FlexsApril 30, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Binance’s CZ is discussing AI investment with Sam Altman
Share
Facebook Twitter LinkedIn Pinterest Email

Binance founder Changpeng Zhao appears to be eyeing investments in AI-focused data centers as part of his exploration of new investment opportunities.

Former Binance President Changpeng Zhao (CZ) has held multiple discussions with OpenAI CEO Sam Altman despite facing a possible three-year prison sentence for allowing various money laundering schemes on his exchange, The New York Times. It is known that He learned this by quoting people familiar with the matter.

Details about Zhao and Altman’s conversation remain sparse, with sources only saying that the former Binance representative is particularly interested in artificial intelligence. According to the report, Zhao first met Altman in 2023, before he stepped down as Binance’s CEO. After OpenAI’s leadership changed in late November, Zhao and Altman held another round of talks, the people said.

In December 2023, Zhao confirmed that he had communicated with Altman during a meeting with Ronghui Gu, a computer science professor at Columbia University. In an interview with the New York Times, Gu said that both Zhao and Altman “believe that AI will help a lot in realizing the advancement of technology and human knowledge.”

Gu also noted that the Binance founder was “looking for opportunities” to invest in large-scale data centers that support AI applications, but added that it was still unclear as to Zhao’s preferred investment target: OpenAI or its competitors.

Today I stepped down from my position as CEO of Binance. Of course, letting go of my emotions wasn’t easy. But I know it’s the right thing to do. I made a mistake and I need to take responsibility. This is what’s best for our community, Binance, and myself.

Binance is no longer a baby. that…

— CZ 🔶 BNB (@cz_binance) November 21, 2023

in X post Last November, Zhao spoke publicly about his plans after the legal troubles, citing his interest in investing in Web3, decentralized finance and artificial intelligence.

“After that, we currently believe we will make passive investments as minority tokens/shareholders in startups in the blockchain/Web3/DeFi, AI and biotech sectors.”

Zhao Changfeng

Meanwhile, U.S. prosecutors requested Zhao be sentenced to 36 months in prison, saying the criminal charges were serious. They argue that such a punishment would prevent Zhao and others from ignoring U.S. laws for financial gain. Zhao, who pleaded guilty to violating the Bank Secrecy Act in November 2023, is currently awaiting sentencing on April 30. Despite being released on $175 million bail, his request to travel to Dubai was denied by a US judge due to concerns: His considerable wealth and potential flight risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Bitcoin protection zones, Stablecoin regulations are the main drivers.

June 5, 2025

DOW JONES wins Streak with weak growth and cost increases.

June 4, 2025
Add A Comment

Comments are closed.

Recent Posts

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Start BTC, DOGE and ETH mining today!

June 6, 2025

AI increases artistry as an innovative creation at NVIDIA GTC Paris.

June 6, 2025

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025
Most Popular

Brazil, which is openly traded, adopts Bitcoin financial strategy.

March 6, 2025

Hong Kong to approve spot Bitcoin, Ethereum ETF starting Monday: Bloomberg

April 13, 2024

The inflow of encryption is $ 888 million. Bitcoin is dominant with hedge

May 12, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.