beluga

JAPAN PETROLEUM ASSOCIATION TO HALT PRODUCT STOCK PUBLICATION

AUSTRALIA IS CITING MASS FUEL SHORTAGES ACROSS THE COUNTRY PER ENERGY MINISTER

Roughly 3000 American paratroopers are heading to the Middle East as the U.S. continues to build up land forces in the region -Jerusalem Post

IRAN AGREES TO 5-YEAR FREEZE ON MISSILE PROGRAM - ISRAEL'S CHANNEL 12

So, OpenAI is trying a new creative way to raise, but this time Sam has been borrowed this idea from a playbook that as it has been used over the years by Ponzi Schemes - OpenAI is offering a 17.5% return to lock in firms into forming joint ventures aimed at raising fresh capital. I don't even know what to say. Has OpenAI turned to something resembling a Ponzi dynamic in order to raise more cash because firms are hesitating to give or lend cash to OpenAI? Maybe many firms have run out of cash as the AI Industry have already raised hundreds of billions of dollars ? According to the report, At least two PE firms have already declined, citing concerns about economics, flexibility, and profit profile. And what about the fresh $110B round from Amazon, Nvidia, and SoftBank? Well... SoftBank is still trying to figure out how to come up with its $30B. And Amazon and Nvidia, most of that is equity, cloud credits, or GPUs in exchange for equity, not much actual cash.

*TRUMP: WE'LL GET TOGETHER WITH IRAN PROBABLY BY PHONE

OpenAl is offering private-equity firms a guaranteed minimum return of 17.5%, as well as early access to models not yet in public release.