4 ms·
Highly relevant money stuff from today: https://www.bloomberg.com/opinion/newsletters/2025-10-06/openai-is-good-at-deals https://www.bloomberg.com/opinion/newsl
by semiquaver 1y ago
Highly relevant money stuff from today: https://www.bloomberg.com/opinion/newsletters/2025-10-06/openai-is-good-at-deals https://www.bloomberg.com/opinion/newsletters/2025-10-06/ope...
In a very real sense, OpenAI caused a 25% increase in AMD’s value by announcing the deal, and was allowed to capture about half of that out-of-nowhere value for itself by these options.