“OpenAI is guaranteeing its private equity backers a 17.5% annual return over five years converting what would normally be venture risk into a credit like instrument in exchange for those PE firms making their collective portfolio of over 2,000 operating companies a captive customer base for AI deployment.”
Milk Road AI
@MilkRoadAI
6d
This is WILD!
OpenAI just drew a line in the sand between companies that will be transformed by AI and companies that will be left behind and then offered to be the ones doing the transforming.
The OpenAI Deployment Company is a $10 billion joint venture, majority owned and https://t.co/DFnjGNgP4r
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another one
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