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A comment on OpenAI’s promise to stay in California helped clear the path for its IPO. Parent comment

Re:OpenAI’s promise to stay in California helped clear the p... by linuxftw on Wednesday October 29, 2025 @08:47PM (#45755089)
In the before times, companies went public to raise capital in order to grow their business.
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Re:OpenAI’s promise to stay in California helped clear the p... by sexeriy237 on Wednesday October 29, 2025 @09:45PM (#45755503)
It hasn't been like that for quite some time. The corpse is sold off to mutual funds and pension plans
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Re:OpenAI’s promise to stay in California helped clear the p... by andy99 on Wednesday October 29, 2025 @09:11PM (#45755261)
Does that seem like what’s happening here?
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Re:OpenAI’s promise to stay in California helped clear the p... by techblueberry on Wednesday October 29, 2025 @10:40PM (#45755842)
If they’re on the path to AGI, there’s probably a predictable cost structure to get us to the point where these models are self-reinforcing and we get fast takeoff. This is the dumbest they’ll ever be remember.
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Re:OpenAI’s promise to stay in California helped clear the p... by linuxftw on Wednesday October 29, 2025 @10:21PM (#45755745)
Maybe? They want to grow the company, and they've run out of VC and circular financing money. Are they going to use the capital raised to make actual profits? That's the question.
[ Parent | on HN ]