OpenAI says it needs 'more capital than we’d imagined' as it lays out for-profit plan

need more capital than we'd imagined.

Altman: You know, I really hadn't realized how expensive yachts actually are, so we're realizing we need to move into the for-profit arena.

And people keep telling me it isn't a bubble 😂

Being a non profit doesn’t exclude you from getting investments. I’m sure the first on the scene leader of this wretched AI bullshit would have no trouble gathering whatever funding they need if they remained a non profit. The only thing this changes is how easily they can extract the profit from the business into private hands.

I assume they're going to use it to waste stupid amounts of electricity?

“Unfortunately, we’ve found we need an addition trillion per year to ensure our salaries can continue to inflate.”