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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: 0.2s | source
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SubiculumCode ◴[31 Oct 25 14:14 UTC] No.45772210[source]▶
Given that AI is a national security matter now, I'd expect the U.S.A to step in and rescue certain companies in the event of a crash. However, I'd give higher chances to NVIDIA than OpenAI. Weights are easily transferrable and the expertise is in the engineers, but ability to continue making advanced chips is not as easily transferred.
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philipwhiuk ◴[31 Oct 25 14:27 UTC] No.45772328[source]▶
If they're too-important-to-fail they're too important not to be broken up or nationalised.
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1. will4274 ◴[31 Oct 25 18:02 UTC] No.45774853[source]▶
Fwiw, this is a facile argument. You make no attenpt to demonstrate that after major reorganization (breakup / nationalization) that the firm will continue to have the desirable attributes (innovation, efficincy, ability to build) that made them too important to fail.