Comment Re: Too risky for me (Score 1) 71
Some (Ed zitron?) have suggested the convertible notes were payment for compute or training. Which seems to track reality because for some reason they've still got 90%+ of the cash they raised over the last couple years. How likely is it? In any event with 50-100b of IPO cash, they seem prepared to survive massive losses for years ? Looks like infinite money glitch.