Mark Cuban on OpenAI: Karma's a B*tch
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Episode Description
Full episode: https://youtu.be/o2YT_FwH0VM
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Brief Summary
OpenAI raises $6 billion but restricts investor options, raising ethical concerns.
Key points
- AI's Massive Funding Round. AI just raised $6 billion at a staggering $150 billion valuation.
- OpenAI's Controversial Investor Restrictions. Reports suggest OpenAI is restricting investors from funding other AI companies.
Transcript
there's a new story this week where open AI just raised 6 billion at $150 billion valuation they originally started that Enterprise with 50 million or so from Elon it was a nonprofit then they became a for-profit now there's a report saying that they're telling investors in this round that they can't invest in any other AI companies what do you think about this I wouldn't do business with people like that I certainly could have given him money didn't give him money I said one of our funds that I'm in did give them money originally didn't give him money another time to me that's just wrong and that catches up to you when people over investors it always comes
back karma's a in business too there's nothing that says that open AI is going to win nothing at all and to me it tells me they're more scared than anything by trying to restrict what people are doing
