Comment on Sam Altman’s Dirty DRAM Deal

TheBat@lemmy.world ⁨1⁩ ⁨month⁩ ago

• osaerisxero@kbin.melroy.org ⁨1⁩ ⁨month⁩ 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.

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  • TheBat@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Eventually someone’s going to cut their losses and it’s going to be a bloodbath.

    Me rn: BLINK, MOTHERFUCKERS!

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  • tormeh@discuss.tchncs.de ⁨1⁩ ⁨month⁩ ago

    OpenAI and Anthropic are going public soon. They’re trying to offload the bag on the public.

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    • TheBat@lemmy.world ⁨1⁩ ⁨month⁩ ago

      OpenAI and Anthropic are going public soon.

      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’.

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      • Corkyskog@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

        They would just have GPT vibe draft some good looking financial statements.

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• SkunkWorkz@lemmy.world ⁨1⁩ ⁨month⁩ ago

  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.

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• AnUnusualRelic@lemmy.world ⁨1⁩ ⁨month⁩ ago

  Just a few more billions guys, real close now! Maybe a few dozen more after that, but it’s really getting there!
  Oh, look a squirrel!

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