this post was submitted on 16 May 2026
486 points (99.8% liked)

Technology

84748 readers
3617 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
486
OpenAI CEO Sam Altman holds more than $2 billion in companies that have done business with the company, a court document showed as Altman faces claims of self-dealing from state attorneys general. (journalrecord.com)
submitted 2 days ago by sanitation@lemmy.radio to c/technology@lemmy.world
30 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] humanspiral@lemmy.ca 3 points 1 day ago

also questioned Altman about a $10 billion computing deal with Cerebras, in which Altman holds a stake worth $3.2 million.

It's a $20B deal. Covering just first 3 years of full datacenter lease. It's a bit strange of a deal where 3 year lease payments are higher than cost of datacenter, and an Nvidia alternative would have better economics, even if Cerebras can do some things well. Altman with a personal stake, can explain OpenAI's generosity in the deal.