a.s dev
  • Communities
  • Create Post
  • Create Community
  • search
    Search
  • Login
  • Sign Up
David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 6 days ago

OpenAI offers 17.5% on venture deal! How can it do that?

pivot-to-ai.com

external-link
message-square
10
link
fedilink
33
external-link

OpenAI offers 17.5% on venture deal! How can it do that?

pivot-to-ai.com

David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 6 days ago
message-square
10
link
fedilink
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…

By not guaranteeing it in any way

https://www.youtube.com/watch?v=C2Wp5ZUg1yo&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260330-openai-offers-a-175-return-on-a-venture-deal-how-can-it-do-that - podcast

time: 4 min 47 sec

  • gerikson@awful.systems
    link
    fedilink
    English
    arrow-up
    8
    ·
    5 days ago

    “an undertaking of great advantage, but nobody to know what it is.”

    • David Gerard@awful.systemsOPM
      link
      fedilink
      English
      arrow-up
      2
      ·
      3 days ago

      including Sam

    • CinnasVerses@awful.systems
      link
      fedilink
      English
      arrow-up
      3
      ·
      5 days ago

      Substack had the same message after their latest $100 million fundraising:

      We’ll buy yachts for the board of directors invest in better tools, broader reach, and deeper support for the Nazis and eugenicists writers and creators driving Substack’s ecosystem

    • Soyweiser@awful.systems
      link
      fedilink
      English
      arrow-up
      4
      ·
      5 days ago

      ChatGPT suggest a 100% rate of success.

TechTakes@awful.systems

techtakes@awful.systems

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !techtakes@awful.systems

Big brain tech dude got yet another clueless take over at HackerNews etc? Here’s the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 34 users / day
  • 212 users / week
  • 1.27K users / month
  • 2.63K users / 6 months
  • 1 local subscriber
  • 2.53K subscribers
  • 270 Posts
  • 5.39K Comments
  • Modlog
  • mods:
  • David Gerard@awful.systems
  • BE: 0.19.12
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org