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Sam Altman's Business Dealings Under GOP Scrutiny Ahead of OpenAI's IPO
- jqpabc123 6mo agoThis can easily be resolved by a sustantial purchase of Trump family crypto.
- swader999 6mo agoWith worldcoin lol.
- smallmancontrov 6mo agoThe Khan demands 10,000 eyeballs as tribute!
- platevoltage 6mo agoOr a couple hundred of those phones that definitely exist.
- emmanuelsemugga 6mo ago[flagged]
- SkipperCat 6mo agoI can't help but think that this is due to Musk putting pressure on the current administration to help him win his lawsuit and punish Altman.
- avaer 6mo agoPersonal vendettas between the world's most powerful psychopaths playing out in the stock market while everyone else suffers does seem like the current meta. So it makes sense.
- MrBuddyCasino 6mo agoHow does everyone else suffer? We’re getting subsidized compute.
- mrhottakes 6mo agoLook around at the country right now
- boringg 6mo agoNothing to do with Altman v Musk. That would be an AI boom that would be going full steam ahead without either of them.
- Arainach 6mo agoAlmost no one in the country is feeling a boom. Everyone is feeling the consequences of their greed and recklessness.
- boringg 6mo agohuh? What are you are referring to is the lasting impacts of multiple years of inflation after living without it for 10 years. Those issues predate Musk v. Altman and would be happening without them. AI build out / boom would be full bore without them.
- Arainach 6mo agoThere is no boom. There are massive layoffs, massive inflation, and massive cuts to government services - all caused by the actions of Musk, Altman, and those like them.
- boringg 6mo agoSaying there is no AI boom? You are either lying to yourself or not paying attention to whats whappening. Are there problems? Absolutely - there have been problems at every single second of humanity. We will always be plagued with problems at some times worse than others. That does not mean that there isn't a boom at the same time.
- ms_anal_tam 6mo agoDemand his AI chat history be made public!
- bl4kers 6mo agoI'm certain that's already been reviewed. There's diaries being read at the trial.
- voakbasda 6mo agoDoes anyone really believe this is more than performative? Increasingly the most likely outcome of such scrutiny is… nothing. He hasn’t stolen enough from the rich to earn any sort of punishment, and he’s not doing anything too different from the Congress critters that are “investigating” him.
- boringg 6mo ago"hasn’t stolen enough from the rich to earn any sort of punishment". Do you truly believe this is how the world works?
- bluefirebrand 6mo agoIts definitely how America works right now
- JumpCrisscross 6mo ago> Do you truly believe this is how the world works? It’s a popular meme in Silicon Valley. Hence all the stealing.
- baggachipz 6mo agoWhen his company goes tits-up and connected investors lose billions, he'll suddenly face punishment.
- pj_mukh 6mo agoSo, the protection racket is not working? [1] Maybe some folks need to re-think whether this administration is worth "donating" to? [1]: https://finance.yahoo.com/news/openai-exec-becomes-top-trump-230342268.html https://finance.yahoo.com/news/openai-exec-becomes-top-trump...
- laurels-marts 6mo agoAre you complaining that government is not corrupt enough?
- miltonlost 6mo agoHe's saying "hey, maybe stop donating to Republicans expecting them to help you out when in reality they will screw over anyone but themselves and especially don't donate to them when the GOP is aggressively homophobic and wants to get rid of your existence entirely"
- tinfoilhatter 6mo agoI didn't see anything related to homophobia in the comment or any replies except yours...
- hdndjsbbs 6mo agoThere's a strand of white neoliberal gays (Sam, Thiel) who have thrown their lot in with the far-right for economic benefit. If any of them read books I would send them a biography of Ernst Röhm
- pj_mukh 6mo agobingo.
- mrhottakes 6mo agoThat seems like a fairly obvious misreading of the comment.
- 6mo ago
- fred_is_fred 6mo agoIs this why Claude recommended that I use a Trump phone when I use it?
- trwhite 6mo agohttps://archive.ph/oqVDm https://archive.ph/oqVDm
- graemep 6mo ago> The moves follow an April article in The Wall Street Journal that detailed Altman’s efforts to have OpenAI back companies he personally invested in. Sounds a bit like Wework.
- baggachipz 6mo agoEverything about OpenAI sounds like WeWork. Can't wait to see that S1, I'll need a truckload of popcorn.
- bombcar 6mo agoTo be fair, a big part of being in Y Combinator itself is being "heavily encouraged" to use products from other Y Combinators. You just have to do it openly.
- graemep 6mo agoNetworking and relationship building is fine. its when it goes beyond that, and in particular when there are conflicts of interest, it becomes a problem. Altman seems to have had similar issues when he was at YC: https://www.newyorker.com/magazine/2026/04/13/sam-altman-may-control-our-future-can-he-be-trusted https://www.newyorker.com/magazine/2026/04/13/sam-altman-may... Doing business with companies connected to the CEO often creates a conflict of interest. it could all be OK, of course, but OpenAI investing in companies that Altman has already invested in does not look great and needs to be investigated.
- torlok 6mo agoSounds a lot like what Musk does, except maybe that Musk uses his companies to outright bail himself out.
- IG_Semmelweiss 6mo agoThe thesis is as follows: OpenAI receives funds as a non-profit. Some of those funds are redirected to for profit ventures. Critically, the GM (Altman) of the nonprofit owns shares of the for-profit ventures, that OpenAI funds were redirected into. A regular company could and does invest in any company even when there's a conflict, as long as the conflict is disclosed and the Board votes in favor of it. There's no criminal element there. The problem is introduced in Altman's case if (a) there was no disclosure (red flag) and/or (b) nonprofit that received the funds, is putting money into things not aligned with the 501(c)(3) mission. I'm not sure if either (a) or (b) are criminal, but they don't pass the smell test, which is why Altman is being sued in civil court, unrelated to the congressional investigation talked about in the article
- boringg 6mo agoDoesn't Sam Altman famously not own OpenAI? His whole arrangement is so shady.
- meowface 6mo agoIs there a more benign explanation for these things? Altman is undeniably famously cagey and political but despite most of the tech and non-tech worlds at this point seeing him as some kind of con artist, I still kind of want to try to believe he's not. No doubt some of OpenAI's founding principles like "stop + assist if a competitor gets to AGI first" are likely flying out the window, perhaps in part due to him and also as one might anticipate of initial lofty ideals and promises, but even with the recent New Yorker and other articles he seems like someone who maybe regularly placates people to avoid personal problems and lies to get out of trouble rather than a Machiavellian tech baron.
- bfivyvysj 6mo agoWe already reached agi a while ago.
- mcmcmc 6mo ago> he seems like someone who maybe regularly placates people to avoid personal problems and lies to get out of trouble rather than a Machiavellian tech baron. This would be more plausible were it not for the staggering amount of wealth he’s amassed through those lies.
- deleted 6mo ago[deleted]
- noelsusman 6mo agoThe notion that this GOP Oversight Committee sincerely cares about corruption is obviously laughable, so I can only assume this is all being done at Elon's behest.
- skeeter2020 6mo agoThe Internet is borked. Verification Required The visual verification might not be accessible to you. We recommend you to use the audio verification instead. Important: after clicking play, you will hear 6 digits. Please wait until the audio finishes before typing or interacting with the page. No Internet access Why is this verification required? Something about the behaviour of the browser has caught our attention. There are various possible explanations for this: you are browsing and clicking at a speed much faster than expected of a human being something is preventing Javascript from working on your computer there is a robot on the same network (IP 96.51.144.101) as you Need help? ID: 85804002-38eb-95f6-1a32-828ec222a8fb
- metalliqaz 6mo agoAltman is a consummate liar and insatiably greedy. The GOP will welcome him in. The downfall will hurt many. In the words of Hitchens, "Do not imagine that you can escape judgment if you rob people with a false prospectus rather than with a knife."
- bluecheese452 6mo agoAh a shakedown. He will make the required donation and this will go away.
- CamperBob2 6mo agoBrockman already did, to the tune of $25 million: https://finance.yahoo.com/news/openai-exec-becomes-top-trump-230342268.html https://finance.yahoo.com/news/openai-exec-becomes-top-trump... Trouble is, Elon Musk indirectly gave him even more.
- tlogan 6mo agoI am sure that nothing illegal was done here. But the fact that OpenAI was a nonprofit and then suddenly became a for-profit is definitely something that does not feel right. I am 100% sure that it is all legal and such, but we have this mental model that “nonprofits are the good guys, run by people who just want to help humanity and nothing else.” But that is not true, and probably never was.
- an0malous 6mo agoThe whole idea of a non profit never made any sense, it’s conflating the idea of profitability with altruism. These are completely independent things.
- danaw 6mo agothey're not independent; a 501c3 is both a nonprofit and is meant to serve a public good (altruism).
- keeganpoppen 6mo agocould not agree with this take more. it feels like a bait and switch, but not the kind that makes me want to take sharpie to cardboard. it’s just… weird. and i don’t even necessarily think it’s “bad”… it’s just a weird unforced error because openai never “had” to be nonprofit, but they chose that path only to abandon it. just strange. and it makes all their internal docs (especially brockman’s diary, which, as an aside: how the fuck did this shit come up in discovery, and what kind of idiot would say the shit he said in a diary that can come up in discovery like this? i know he is a very smart man, which is what makes it extra hilarious.). but yeah even with how “bad” the various quotes look i’m still mostly on the side of this all being a “nothing-burger”…
- Petersipoi 6mo ago> I am sure that nothing illegal was done here. > I am 100% sure that it is all legal and such Why are you so confident on either of these statements? Seems like such a weird thing to be confident about when we know so little about the deals that went down
- baggachipz 6mo ago> Business Dealings Under GOP Scrutiny Is this even a thing anymore?
- 1vuio0pswjnm7 6mo agoAlternative to archive.ph Text-only, HTTPS optional No CAPTCHA, no Javascript, no geo-blocking, no DDoS directed at blog https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j/ https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j... Something like x=https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j/ tnftp -4o"|sed 's/.*\"body\":\"/<meta charset=utf-8>/;s/\",\"readTimeMin.*//'" $x > 1.htm firefox ./1.htm or links https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j/ Press "d" then "\" or links -dump https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j/ \ |sed '1,/\"body\":\"/d;/\"readTimeMin\":/,$d'
- tuwtuwtuwtuw 6mo agoThat's a JSON file right?
- waffletower 6mo agoI received JSON too. This worked for me on a Mac: curl https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j/ https://assets.msn.com/content/view/v2/Detail/en-in/AA22Xx2j... | jq ".body" > /tmp/body.html && open /tmp/body.html
- tithos 6mo agoGREAT NEWS!!!
- ghostlyy 6mo agoTiming's also worth nothing. the investments piece has been reported on for over a year. It becomes a probe right before liquidity, which makes both sides look opportunistic rather than principled.
- righthand 6mo agoHow can anyone take the GOP seriously when they constantly back one of the biggest frauds of the American people who is also a pedophile rapist? Perhaps Sam should embrace that sexual assault allegation from his sister. That seems to be the type of person the GOP supports.
- kevmo 6mo agoThey aren't going to do a thing to Altman except extract more bribes.
- giwook 6mo agoUnfortunately whatever scrutiny Sam Altman comes under can be waved away with Trump's magic wand.
- andijati2 6mo ago[flagged]
- ChoGGi 6mo agoGOP scrutiny? Sam forgot his golden statue?