Joined The Tech Report to talk about Torsten Slok of Apollo saying there’s “no payoff” from AI outside the tech industry, the Anthropic S-1, and how difficult being a public company will be for it with a junk credit rating and $430bn in non-cancellable commitments. youtu.be/884dTvxSk4c?...

Show Post

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

Show Post

Bank of America when OpenAI uses is revolving credit line

Show Post

To be clear, yes, I apologize I worded it stupidly, there are cases with venture you do have formal valuations undergone with strict auditing. In tech, especially in hype cycles, you'll get people who jump on deals based on excel sheets at best to make sure they 'make it in' bsky.app/profile/supe...

Show Post

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.

Show Post