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How OpenAI uses complex and circular deals to fuel its multibillion-dollar rise

(www.nytimes.com)
387 points reaperducer | 1 comments | 31 Oct 25 13:03 UTC | HN request time: 0.302s | source
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throwaway106382 ◴[31 Oct 25 14:11 UTC] No.45772180[source]▶
Isn't paying a company to dig a hole who then pays you the same amount to fill said hole illegal?
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chermi ◴[31 Oct 25 15:06 UTC] No.45772818[source]▶
Yes, but what does that have to do with this situation? The hole served no purpose. The companies are using the GPUs.
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1. array_key_first ◴[31 Oct 25 17:39 UTC] No.45774602[source]▶
They might be using the GPUs, but is that use providing real value? You can run a while loop and max out any processor.

And, well, nobody knows if it is providing real value. We know it's doing something and has some value WE attached to it. We don't know what the real value is, we're just speculating.