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Ed Zitron
edzitron.com
did:plc:qc6xzgctorfsm35w6i3vdebx
The Wall Street Journal reports that SoftBank can cut OpenAI's funding round in half if they do not complete the conversion to a for-profit corporation by the end of the year. Oct 2024 round gave them two years. This is an existential threat! Very bad.
https://www.wsj.com/tech/ai/openais-latest-funding-round-comes-with-a-20-billion-catch-1e47d27d
2025-03-29T04:40:38.203Z