OpenAI has revised its plan to turn into a for profit company. [OpenAI] The original OpenAI corporate structure was bizarre. The nonprofit owned the for-profit company that spent the money and did …
My gut says that there’s no way they do this without converting at least some of those revenue shares into ownership shares.
Also has anyone done the math on how much of OpenAI’d future profits are committed? I will laugh so hard if Sam Altman ends up in prison for the same reason as Max Bialystok.
My gut says that there’s no way they do this without converting at least some of those revenue shares into ownership shares.
Also has anyone done the math on how much of OpenAI’d future profits are committed? I will laugh so hard if Sam Altman ends up in prison for the same reason as Max Bialystok.
With apologies to anyone with taste:
Sam Francisco was in trouble. Need to find another bubble
Where could that cash be? Seeking rents for me…
But now it’s…
SPRINGTIME! For AI! And VC Bros!
Winter! For Users! Like you
We’re marching to a faster pace! Effective now: accelerate!
…
As a bonus you can even keep the “don’t be stupid, be a smarty” line from the original show