sanitation@lemmy.radio to Technology@lemmy.worldEnglish · 20 hours agoOpenAI CEO Sam Altman holds more than $2 billion in companies that have done business with the company, a court document showed as Altman faces claims of self-dealing from state attorneys general.journalrecord.comexternal-linkmessage-square28linkfedilinkarrow-up1421arrow-down12
arrow-up1419arrow-down1external-linkOpenAI CEO Sam Altman holds more than $2 billion in companies that have done business with the company, a court document showed as Altman faces claims of self-dealing from state attorneys general.journalrecord.comsanitation@lemmy.radio to Technology@lemmy.worldEnglish · 20 hours agomessage-square28linkfedilink
minus-squarehypnicjerk@piefed.sociallinkfedilinkEnglisharrow-up38·18 hours agohow the fuck does he have those kinds of assets despite never coming close to delivering a profit?
minus-squareCasterial@lemmy.worldlinkfedilinkEnglisharrow-up1·1 hour agoYou thought he was non profit? Dudes probably pocketing 30-40% of the companies money
minus-squarevane@lemmy.worldlinkfedilinkEnglisharrow-up4·7 hours agoOpenAI has raised a total of around $180B. He just took ~1%.
minus-squareMalReynolds@slrpnk.netlinkfedilinkEnglisharrow-up32·16 hours agoHe profits just fine. The companies not so much. Except NVIDIA, they’re making shovels and shitloads and he probably gets something under the table from them too.
minus-squareCasterial@lemmy.worldlinkfedilinkEnglisharrow-up16·16 hours agoJust like the circular deals 90% of the “profits” we’ve seen reported by these AI companies is just fake money
minus-squareFarceOfWill@infosec.publinkfedilinkEnglisharrow-up3·8 hours agoLike altcoin exchanges, except real companies are now the altcoins
how the fuck does he have those kinds of assets despite never coming close to delivering a profit?
You thought he was non profit? Dudes probably pocketing 30-40% of the companies money
OpenAI has raised a total of around $180B. He just took ~1%.
He profits just fine. The companies not so much.
Except NVIDIA, they’re making shovels and shitloads and he probably gets something under the table from them too.
Just like the circular deals 90% of the “profits” we’ve seen reported by these AI companies is just fake money
Like altcoin exchanges, except real companies are now the altcoins