OpenAI has nothing. There’s no new tech breakthroughs and it’s still hemorrhaging cash by the billion. Something they could brand “GPT-5” was due mid-2024. How to placate the investors …
OpenAI buys services from a pile of Altman’s other portfolio companies
which reminds me of one of my actual favourite parts of the bayfuckers playacting building companies: how absolutely self-cycling a lot of the funding ends up being. shartups burning fucking piles of money on other, also-VC-funded, shartups. totally normal and healthy way for money to flow.
it’s been an ongoing exit scam
OpenAI buys services from a pile of Altman’s other portfolio companies
which reminds me of one of my actual favourite parts of the bayfuckers playacting building companies: how absolutely self-cycling a lot of the funding ends up being. shartups burning fucking piles of money on other, also-VC-funded, shartups. totally normal and healthy way for money to flow.
it’s not startup gambling if it’s embezzlement