This is really bad! OpenAI is not “cutting the round,” its investors are not interested in investing as much as OpenAI wants, and indeed could invest *less* than $20bn. Unclear what OpenAI’s plan is here, because if Anthropic only gets $1.4tn to $1.5tn I dunno why you’d want OpenAI at $1.25tn.

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This guy has the funniest instincts I’ve ever seen in an executive. A genuine gift for saying weird and off putting shit like “I can’t imagine raising a kid without ChatGPT” or “it takes a lot of energy to raise a child too” or “it’s more important data centers get RAM.” A real talent

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Less than a month ago, OpenAI was looking to raise “at least” $30 billion at a valuation of $1.4 trillion. Today it raised $11 billion at $1.25 trillion valuation and faced “tepid” interest from investors. It is unclear what OpenAI does at this point. That’s not even a quarter’s compute.

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The tech sector has just invented Ticketmaster

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Local woman wakes up, gets Sam Altman and the other AI CEO fucko buckos to plant trees for the rest of their lives with no access to money or technology, makes oatmeal.

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