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OpenAI's massive deals show that Sam Altman is selling a vision of a world-changing product and using world-changing financial engineering to try to raise $1T+ (Matt Levine/Bloomberg)
Matt Levine / Bloomberg:
OpenAI's massive deals show that Sam Altman is selling a vision of a world-changing product and using world-changing financial engineering to try to raise $1T+ — Also crypto liquidations, inverse levered ETFs, stock buybacks and trade secrets. — OpenAI — The essence of finance is time travel.