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OpenAI exits SF HQ after Elon Musk stops paying their rent
- robswc 2y agoHow in the world was Musk still paying for it? lol.
- bastawhiz 2y agoMusk was renting the space and it seems had a contract with OpenAI allowing it to use it at no cost. Neuralink had also been headquartered there.
- valianteffort 2y agoProbably earmarked from his initial $100m seed money
- samspenc 2y agoI was very surprised by this as well. From the article: "The person familiar with OpenAI’s departure said the company’s rent had not been covered by a typical lease, but rather a less formal agreement paid for by Musk, the billionaire who also controls automaker Tesla and social media firm X." Surprising OpenAI and Microsoft were OK with this after a $13B investment.
- JumpCrisscross 2y ago> Surprising OpenAI and Microsoft were OK with this I’d give it a 50/50 that the Microsoft deal team is learning about this now.
- stoobs 2y agoI guess their due diligence was less than stellar in that case?
- thelastparadise 2y agoUnknown unknowns
- metadat 2y agoIt does seem this person stiffs his contracts quite frequently (did the same move with Twitter HQ office). Good to know.
- JumpCrisscross 2y agoDid we read the same article? Musk honored a handshake deal to pay the rent of a now-competitor.
- deleted 2y ago[deleted]
- hnmelb 2y agoMusk is offering it for sublease. That means Musk is still paying the rent, just that he would let it out to someone else rather then occupy it himself.
- metadat 2y agoThanks for clarifying, cheers.