They probably don’t care. Since it drives the entire stock market up. They probably make big bucks on the other side trading derivatives on the financial market making returns that will outgrow the investments in OpenAI. It’s a convoluted version of a pump and dump. Pump up OpenAI so they can dump NVidia options.
Also OpenAi will go public soon. The dot com bubble didn’t pop until all those companies that never made a dime went public. Since investors were then able to dump their holdings into retail investors.
osaerisxero@kbin.melroy.org 2 weeks ago
They're probably the only reason it hasn't popped yet: still searching for someone to hold the bag, but the longer they wait, the bigger the number gets and the less likely it is for them to find one. Eventually someone's going to cut their losses and it's going to be a bloodbath.
TheBat@lemmy.world 2 weeks ago
Me rn: BLINK, MOTHERFUCKERS!
tormeh@discuss.tchncs.de 2 weeks ago
OpenAI and Anthropic are going public soon. They’re trying to offload the bag on the public.
TheBat@lemmy.world 2 weeks ago
What do companies must disclose before going public?
Oh wait, this US administration doesn’t give a fuck about that. I’m fully expecting IPOs with no documentation other than ‘trust me bro’.
Corkyskog@sh.itjust.works 2 weeks ago
They would just have GPT vibe draft some good looking financial statements.