You own Microsoft, Oracle, Nvidia and SoftBank. Congrats, you own six versions of the same OpenAI bet. Banks are already walking away from the biggest pieces of the financing.
OPENAI IS GOING TO TAKE THIS ENTIRE MARKET DOWN WITH IT And you don’t have to own a single share to get hurt. What I’m about to explain should worry anybody who thinks they’re diversified: OpenAI is a LOAD-BEARING company. Pull it out and the whole structure comes down. They spent $17.2 billion on Microsoft … Read more