110 billion more pumped into a company with no sustainable business model in sight

https://lemmy.world/post/43655723

And how much of that 110 billion is real money and also isn’t just rotating money that OpenAI sent to them?

Its not 110 billion up front. Its setup to hit 110 billion in basically 3 stages if they hit certain metrics like AGI or going public.

The first stage is something like 40 billion based on reports. Still a fuckton, but as usual altman is hyping sokething that hasent actually happened.

I wish I could attach a generator to this circular flow… unlimited powaaaah
Unlimited Money Glitch
I think that’s what Jensen think’s he’s got
Hey, what if no money is real money. Then what?
As long as I can still exchange mine for goods and services, I’m fine playing pretend. It’s not the silliest thing I pretend on a regular basis.