alt Hacker News> The Information had previously reported that $35 billion of Amazon’s investment could be contingent on the company either achieving AGI or making its IPO by the end of the year. OpenAI’s announcement confirms the funding split, but says only that the additional $35 billion will arrive “in the coming months when certain conditions are met.”
Incredible.
Replies
boringg • yesterday at 3:16 PM
I'm curious how they define AGI technically. Seems like you would want that to be a tight definition.
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outside1234 • yesterday at 3:39 PM
Hopefully Microsoft is selling parts of their share of this trash into these funding rounds...
So basically, Amazon is buying into the IPO at an early price. Maybe this is the time to divest from MSCI world. I don’t want to be the bag holder in the world’s largest pump and dump.
It can both be true at the same time: That AI is going to disrupt our world and that Open AI does not have a business model that supports its valuation.