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> Nevertheless, the company signed a power purchase agreement with Helion, a fusion startup founded by OpenAI CEO Sam Altman earlier this year, with the hopes o
by rany_ 3y ago
> Nevertheless, the company signed a power purchase agreement with Helion, a fusion startup founded by OpenAI CEO Sam Altman earlier this year, with the hopes of buying electricity from it as soon as 2028.
Except that's not actually true, Sam Altman had nothing to do with that company's founding though he did play a role in leading Series E funding in late 2021. I was a bit spooked by this because it sounded like a clear-cut case of corruption as there is no way Sam Altman's start-up would succeed where many others have failed... but now it's a bit more murky and less clear the level of funny business involved in that deal.
- yumraj 3y agoPerhaps Sam Altman found that startup in the same way Musk found Tesla, by making an investment and being recognized as a co-founder being one of the terms.
- HaZeust 3y agoI'm almost as anti-Musk as it gets, and this parallel is still disingenuous. The duration of time necessary for a company to reach its Series E, and the act of investing at that duration of time, is NOWHERE near equal - or comparable - to Musk's investment in Tesla just 7 months into its lifetime.