AI Spend at Sun Valley Tops the Agenda as OpenAI Launches GPT-5.6

AI Spend at Sun Valley Tops the Agenda as OpenAI Launches GPT-5.6

AI spend at Sun Valley has emerged as the defining conversation of this year’s Allen & Co. conference, with OpenAI CEO Sam Altman telling CNBC’s Julia Boorstin on ‘Squawk on the Street’ on 9 July that cost and return on investment have become the dominant questions among the billionaires and executives gathered in Sun Valley, Idaho. Altman said this was the first year AI spend had been a ‘very big topic’ at the annual summit. ‘Everyone’s asking …