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It honestly doesn't matter. Sometimes these "articles" are sent out as thinly veiled "press releases" prior to an new round of investment. Sometimes someone wh
by eek2121 9mo ago
It honestly doesn't matter.
Sometimes these "articles" are sent out as thinly veiled "press releases" prior to an new round of investment. Sometimes someone who thinks they are a "reporter" has what they think is an "exclusive" or a "hot take". Regardless, as someone who has spent all of his career in startups...this is...business as usual. Another round of funding/financing will commence. Open AI will be fine unless investors lose confidence in AI. We won't know how it will play out until it plays out. Media outlets reporting on this are playing off the AI bubble hype for clicks. (Yes, we are in a bubble. No, nobody knows when it will pop, nor how bad it will be, ad driven company just wants more ad revenue, nothing to see here, move along.)
- philipwhiuk 9mo ago> Another round of funding/financing will commence. From where? There's not an infinite source of capital. There's already talk of junk bonds, CDS and private credit. At some point the lenders look like the loan shark/death spiral finance options.
- jsnell 9mo agoFrom an IPO.