Hacker News new | ask | show | jobs
by pjdemers 905 days ago
The end result will be that OpenAI pays the Times a few hundred million dollars for a license. Chump change for OpenAI, but real money for the Times.
2 comments

"A few hundred million dollars" is not chump change to any organization; especially one that is in its growth phase. They raised $300M [1] in their last round so that would wipe out the all of the investment money they brought in.

https://techcrunch.com/2023/04/28/openai-funding-valuation-c...

It sure as shit was for Snowflake, who purchased streamlit for 800 million[1]. Streamlit is a python webUI front-end.

https://techcrunch.com/2022/03/02/snowflake-acquires-streaml...

They can’t. Thousands of other orgs would consider that precedent and get in line.