Patrick10h ago

OpenAI's former CTO testified today. One question. One word.

Did Altman tell the truth about safety clearances?

"No."

Also: "Proxy Elon" (seriously that was stated in court) took the stand. Purple boxes went unresolved. A woman in the gallery tried to sleep through it.

Day seven. Still going.

https://blog.ppb1701.com/close-and-friendly

#ai #altman #murati #zilis #blog #brockman #musk #openai #sec #theranasai #userhostile

Close and Friendly - ByteHaven - Where I ramble about bytes

Wednesday in Oakland. Day seven. The trial that started as a billionaire grudge match keeps delivering. Let's get into it. The Lede Nobody Was Leading With...

Patrick21h ago

Your 401k probably holds Microsoft. Your savings might be in JPMorgan. Your mortgage servicer is probably on this list.

None of you were in that Oakland courtroom. None of you chose any of this.
$40 billion unsecured. One repayment path. Eight global banks. 100,000 retail investors locked up until September 2026.

https://blog.ppb1701.com/house-of-cards

#OpenAI #IPO #SoftBank #bigtech #AI #finance #TheranasAI #wallstreet #userhostile #blog

House of Cards - ByteHaven - Where I ramble about bytes

This post is speculative. Clearly labeled as such throughout. Nobody knows if the OpenAI IPO fails, stumbles, or sails through without incident. What follows...

Patrick1d ago

OpenAI's CEO and president both held personal stakes in a chip company they then signed a $10 billion deal with. Neither disclosed it. Ever. Confirmed under oath.
The CFO went to the Journal. Two sets of numbers. California AG watching. Eight banks holding a $40 billion unsecured loan with one repayment path.
Musk stumbled into being accidentally correct. That's almost worse.

https://blog.ppb1701.com/the-ipo-just-got-complicated

#openai #altman, #brockman #musk #cerebus #ai #sec #theranasai #userhostile #blog

The IPO Just Got...Complicated - ByteHaven - Where I ramble about bytes

I know. Third post today. Bear with me. Greg Brockman finished his second day on the stand Tuesday. And somewhere in Oakland a Goldman Sachs risk committee...

Patrick2d ago

Greg Brockman testified today. Zero dollars invested. Stake worth $30 billion. His own journal asked "what will take me to $1B?" in 2017.
Same Monday: Musk settled an SEC case about misleading investors for one cent on the dollar.
I cannot make this up.

https://blog.ppb1701.com/zero-dollars-in-thirty-billion-out

#openai #brockman #altman #musk #AI #bigtech #SEC #TheranasAI #userhostile #blog

Zero Dollars In. Thirty Billion Out. - ByteHaven - Where I ramble about bytes

Week two. Brockman on the stand. Musk in the gallery watching. Before a single question was asked Monday morning, a court filing from Sunday night had...

Patrick3d ago

OpenAI's CFO went to the Wall Street Journal during trial recess. Two sets of revenue numbers. Two sets of spending commitments. A joint denial that made things worse. Musk's lawyers read the Journal. Altman still has to testify.
I cannot make this up.

https://blog.ppb1701.com/two-sets-of-numbers

#friar #altman #openai #trial #bigtech #userhostile #theranasai #blog

Two sets of Numbers - ByteHaven - Where I ramble about bytes

The trial's in recess. Musk has, shockingly, followed the judge's orders so far. The prediction markets are not impressed but the lawyers appear to be...