tag · Openai
3 piecespost
softbank became an asset class
The record junk bond sale is not the number to watch. The share of the market it represents is. Last week in margin loan I noted reporting on a …
margin loan
SoftBank raised another twelve billion against OpenAI. The number is not the story; the collateral is.
post
less than two hundred days
ChatGPT’s ad business hit a billion-dollar run rate faster than any ad product I can find a comparison for. The revenue is not the interesting …
also tagged · what these pieces share