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OpenAI courting private-equity firms with guaranteed minimum 17.5% return - Who the fuck believes they can deliver this shit? (europe.pub)

submitted 3 days ago* (last edited 3 days ago) by wizardbeard@lemmy.dbzer0.com to c/techtakes@awful.systems

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Article: https://www.reuters.com/business/openai-sweetens-private-equity-pitch-amid-enterprise-turf-war-with-anthropic-2026-03-23/

Crossposted from: https://hexbear.net/post/8036692

I promise we're good for it guys!

I'm absolutely amazed that Altman isn't considered toxic waste by now financially. He was declared untrustworthy by his own board, and as far as I'm aware OpenAI has fallen short of every known business agreement so far. They have so many deals contingent on shit they haven't delivered and can't deliver that it should make any risk analyst's head spin.

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[–] baggachipz@sh.itjust.works 17 points 2 days ago (1 children)

Charles Ponzi, looking up from hell

“Jesus Christ, they’ve perfected the art!”

[–] V0ldek@awful.systems 6 points 1 day ago* (last edited 1 day ago)

He walked so they could run

If anything, he is pissed that he wasn't born now that there's no consequences for this shit