Cash incinerator OpenAI secures its $6.6 billion lifeline — ‘in the spirit of a donation’ (pivot-to-ai.com)

submitted 2 months ago by dgerard@awful.systems to c/techtakes@awful.systems

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[-] V0ldek@awful.systems 4 points 2 months ago

Does this mean the big money people are planning to dump their shit on the rest of us so that when genAI goes down its our savings that go “pop”?

You know how crypto is about me selling you a useless and worthless token before anyone realises and the price collapses? Ye, that but with companies.

this post was submitted on 03 Oct 2024

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