OpenAI's financials are putrid, but they want everyone's retirement money. What would stop them avoiding scrutiny of an IPO by going public via the SPAC route? Sorry if this is a dumb question!
I would assume nothing stops them but I would love to get an analysis of why they may not be looking into this from someone who actually knows what they're talking about. Best I can come up with from a complete layman's perspective is that they're concerned about the valuation they'd end up with. Not sure if the retail market had enough juice to actually pay for a company that is hypothetically one of the most valuable companies in the world, and puncturing that narrative might bring the whole bubble down (in a way that costs a lot of normal investors their shirts, of course).
I’m too tired to read this properly but it looks like MIT’s suggestion for better vibe coding is just… repackaged software design? Anyway, article.
TechTakes
Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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