posted in Technology
Sam Altman says OpenAI will not go public this year as AI fears grow
Archive link: archive.ph/U1zEK
www.sfchronicle.com/tech/article/openai-ipo-delay-altman-22430043.phpReplying to @fubarx@lemmy.world
Hilarious… I guess this pushes back the inevitable bubble collapse (probably until just after they do go public)
They will never go public. Their finances will be in an even poorer state next year, because that is when the first of their many billion dollar loans are coming due.
Replying to @Rothe@piefed.social
I am willing to bet the loans get differed, they are later forced to IPO and will pay debts with that whilst Altmam probably noshes off the great orange turd in hopes he can disappear somewhere with a truck load of cash.