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> they can get stupendous amounts of capital on incredible terms,

This may be the problem: at some level OpenAI is still a non-profit, and the more capital they accept, the more they're obligated to produce profits for investors?

Perhaps Sam was gleefully burning cash with the intention of forcing the Board to approve additional funding rounds that they had explicitly forbidden, and when they discovered that this was going on they were apoplectic?



This sounds plausible. The timing seems sudden and there was chatter in the last few days about OpenAI needing to raise more money.


This seems like the most likely path to me. I think Sam was getting them on the hook for a LOT of shit they didn't want to be on the hook for




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