Possibility That an SEC Investigation of Altman and Nadella May Soon Be Filed
michigan-post.com
michigan-post.com
WSB is one of the few things that has been missing from this species defining drama, so I am happy that this oversight has been rectified.
>The notorious subreddit r/wallstreetbets ... has picked up on a discussion from the computer programming & tech news forum Hacker News, wherein users of the latter website are speculating...
https://old.reddit.com/r/wallstreetbets/comments/181ts9a/wil...
Show HN: Recursive LLM Prompts
Given the value of Microsoft’s investment in open AI, and given the fact that the value of open AI lies in the employees capable of delivering the technology Microsoft gets from them, it is absolutely rational for Nadella to offer all of them jobs in the event they leave open AI for whatever reason, no “favor trading“ required.
Benioff of salesforce and the CEO of Nvidia were also very publicly offering those same people jobs with no interview. Are they guilty of “favor trading“ too? Or can we just accept that everybody in Silicon Valley wants to hire Altman and his people?
My guess is some people on WallStreetbets are just trying to short Microsoft stock, and they’re hoping if they talk this talk they’ll get the ball rolling on a drop in their share price.
This fact alone will get any SEC actions thrown out (unless someone can show Nvidia, Salesforce and Microsoft were all in on it).
This seems as likely as any other explanation. I posted the story not to further that cause, but because this all feels like a terrible joke and I am having a hard time taking the world seriously at this point.