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OpenAI acquires popular tech talk show for ‘low hundreds of millions’ (www.ft.com)

submitted 7 months ago by gAlienLifeform@lemmy.world to c/technology@lemmy.world

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OpenAI has struck a deal to acquire TBPN, a technology-focused talk show popular in Silicon Valley, making an unexpected move into broadcasting after pledging to abandon "side quests" and focus on its core business.

The ChatGPT maker had purchased the 11-person company in a "low hundreds of millions of dollars" deal, according to a person with knowledge of the terms.

Archived at https://ghostarchive.org/archive/VfGEx

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[–] otacon239@lemmy.world 14 points 7 months ago (1 child)

The difference being Facebook was buying an already up and coming, clearly successful business idea. Here, they’re buying a YouTube channel with basically no subscribers. So yeah, one sounds like a business decision. The other is delusions of someone who doesn’t know how to spend investor money.