Jailed scammer Sukesh Chandrashekar offers OpenAI's CEO billions: "Sam, just take my money!"

A scammer in court custody for his crimes, Sukesh Chandrashekar, offered to invest $1 billion in OpenAI's Indian operations, with the possibility of a further $2 billion over five years. His past history and ongoing legal troubles have cast doubt on his investment pitch.

According to the Hindustan Times, renowned scammer Sukesh Chandrashekar, who is presently being held in court for allegedly participating in multi-crore schemes, has made an ambitious investment pitch to Sam Altman, the CEO of OpenAI.

The magazine claims that in a letter to Altman, Chandrashekar stated his intention to invest $1 billion in the artificial intelligence company's Indian operations and promised to increase this to $2 billion over the following five years.

"As you and your company are now working towards becoming a part of India’s National AI Agenda, I want to play a small role by making an investment in OpenAI of $1 billion immediately and further extend it to another $2 billion over the next five years for your Indian operations," Chandrashekar allegedly said.

He said, with a penchant for the theatrical, "Sam, why go to venture capital investors? Why should the fun always go to the big boys? Sam, just take my money, please.

Chandrashekar compared his journey to Altman's, despite his ongoing legal fights, and claimed to have started a corporate empire from the ground up, albeit with "baggage" in the shape of "false allegations and legal cases."

According to the Enforcement Directorate's probe, Chandrashekar, who is still in jail on fraud and money laundering charges, claimed to have built a “successful online gaming and betting platform” that supposedly brings in about $3 billion a year. He stated that his companies are based outside of India and that he would be very interested in making investments in the developing tech and artificial intelligence industries there.

According to reports, the letter, which was issued from one of the biggest jails in India via the law firm Anantam Legal, has drawn criticism because many people doubt the validity of an investment offer from a man involved in financial crimes. Sam Altman and OpenAI have not publicly addressed Chandrashekar's suggestion.

The incident gives the scammer's contentious career even another strange turn, making experts doubt his assertions and the viability of his investment goals.