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by tr45872267 189 days ago
>This feels like another circular investment where Disney is hoping to make money back I'm sure.

How is that circular?

1 comments

I assume that they mean that OpenAI will now be obligated to pay a lot of that money back to Disney as some kind of licensing fee. No idea if it's true, but that's the only way his comment makes sense.
If I were Disney I would want up front cash from OpenAI at this point.
The carousel of ~progress~ financing continues to turn....