Binance founder Changpeng Zhao is considering investments in data centers specializing in artificial intelligence (AI) as part of his venture into new investment opportunities.

Reports suggest that Zhao has been in talks with OpenAI CEO Sam Altman regarding potential investments in AI-related ventures. These discussions come amid legal challenges, with Zhao facing the possibility of a three-year prison sentence for alleged involvement in money-laundering schemes on his exchange.

While details of the conversations between Zhao and Altman are limited, sources indicate that Zhao is particularly interested in the field of artificial intelligence. Discussions between the two individuals began in 2023 and continued following leadership changes at OpenAI later that year.

During a meeting with computer science professor Ronghui Gu at Columbia University, Zhao confirmed his communication with Altman. Both Zhao and Altman share a belief in the potential of AI to advance technology and human knowledge. Zhao expressed interest in investing in large data centers that power AI applications, although it remains unclear whether his target is OpenAI or its competitors.

In a recent social media post, Zhao announced his decision to step down as CEO of Binance, citing the need to take responsibility for his mistakes. He mentioned his plans to engage in passive investing in areas such as blockchain, decentralized finance, AI, and biotech.

While Zhao awaits sentencing for violating the Bank Secrecy Act, U.S. prosecutors are seeking a 36-month prison term, emphasizing the seriousness of his alleged crimes. Despite being out on bond, Zhao’s request to travel to Dubai was denied due to concerns about his wealth and potential flight risk.

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