Comment

Comment by theli0nheart

> As part of the arrangement, AMD issued a warrant that gives OpenAI the ability to buy up to 160 million shares of AMD for 1 cent each over the course of the chips deal. The warrant vests in tranches based on milestones that the two companies have agreed on.

This is money printing, just in the private sector. We know what happens when governments do it, and it's not good.

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton