this post was submitted on 16 May 2026
474 points (99.4% liked)

Technology

84733 readers
4037 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] hypnicjerk@piefed.social 39 points 1 day ago (4 children)

how the fuck does he have those kinds of assets despite never coming close to delivering a profit?

[–] Casterial@lemmy.world 1 points 8 hours ago

You thought he was non profit? Dudes probably pocketing 30-40% of the companies money

[–] vane@lemmy.world 4 points 15 hours ago

OpenAI has raised a total of around $180B. He just took ~1%.

[–] MalReynolds@slrpnk.net 35 points 23 hours ago* (last edited 23 hours ago)

He profits just fine. The companies not so much.

Except NVIDIA, they're making shovels and shitloads and he probably gets something under the table from them too.

[–] Casterial@lemmy.world 17 points 23 hours ago (1 children)

Just like the circular deals 90% of the "profits" we've seen reported by these AI companies is just fake money

[–] FarceOfWill@infosec.pub 4 points 16 hours ago

Like altcoin exchanges, except real companies are now the altcoins