sanitation@lemmy.radio to Technology@lemmy.worldEnglish · 1 month agoOpenAI CEO Sam Altman holds more than $2 billion in companies that have done business with the company, a court document showed as Altman faces claims of self-dealing from state attorneys general.journalrecord.comexternal-linkmessage-square29linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkOpenAI CEO Sam Altman holds more than $2 billion in companies that have done business with the company, a court document showed as Altman faces claims of self-dealing from state attorneys general.journalrecord.comsanitation@lemmy.radio to Technology@lemmy.worldEnglish · 1 month agomessage-square29linkfedilink
minus-squarehypnicjerk@piefed.sociallinkfedilinkEnglisharrow-up0·1 month agohow the fuck does he have those kinds of assets despite never coming close to delivering a profit?
minus-squareCasterial@lemmy.worldlinkfedilinkEnglisharrow-up0·1 month agoJust like the circular deals 90% of the “profits” we’ve seen reported by these AI companies is just fake money
minus-squareFarceOfWill@infosec.publinkfedilinkEnglisharrow-up0·30 days agoLike altcoin exchanges, except real companies are now the altcoins
minus-squareMalReynolds@slrpnk.netlinkfedilinkEnglisharrow-up0·1 month agoHe profits just fine. The companies not so much. Except NVIDIA, they’re making shovels and shitloads and he probably gets something under the table from them too.
minus-squarevane@lemmy.worldlinkfedilinkEnglisharrow-up0·30 days agoOpenAI has raised a total of around $180B. He just took ~1%.
how the fuck does he have those kinds of assets despite never coming close to delivering a profit?
Just like the circular deals 90% of the “profits” we’ve seen reported by these AI companies is just fake money
Like altcoin exchanges, except real companies are now the altcoins
He profits just fine. The companies not so much.
Except NVIDIA, they’re making shovels and shitloads and he probably gets something under the table from them too.
OpenAI has raised a total of around $180B. He just took ~1%.