OpenAI has been talking to a pile of private equity firms about a joint venture to get ChatGPT into the companies those private equity firms owned a chunk of — TPG (anchor), Advent, Bain, and Brook…
  • CinnasVerses@awful.systemsEnglish
    8·
    4 days ago

    It is a pity that we are not going to see a Bits about Money article on OpenAI since Patrick MacKenzie is Basilisk-curious.

    If OpenAI goes public with a lot of preferred shares liability, smart money is going to be reluctant to buy.

    • samvines@awful.systemsEnglish
      4·
      3 days ago

      Absolutely but MeeMaw read in the paper that OpenAI is the future of all work and jobs and they’re gonna make $$$$$ so she’s investiging her 401k (sorry I’m bri’ish so I don’t know if that makes sense but the point I’m trying to make is that they will absolutely find bag holders in retail investors once they IPO)