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
    2·
    8 hours 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.