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@ppb1701@ppb.social

2026-05-05 23:37 UTC

OpenAI's CEO and president both held personal stakes in a chip company they then signed a $10 billion deal with. Neither disclosed it. Ever. Confirmed under oath. The CFO went to the Journal. Two sets of numbers. California AG watching. Eight banks holding a $40 billion unsecured loan with one repayment path. Musk stumbled into being accidentally correct. That's almost worse. https://blog.ppb1701.com/the-ipo-just-got-complicated #openai #altman, #brockman #musk #cerebus #ai #sec #theranasai #userhostile #blog

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