Down Round Reading Out Confidential Emails Live On The Air
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Jun 26, 2025 The tech world is buzzing with drama as OpenAI's rumored device partnership fizzles out amid allegations of theft. The hosts dive into the chaotic email exchanges that reveal the tumultuous nature of Silicon Valley. They also tackle the latest in AI developments, including Tesla's RoboTaxi news. Meanwhile, Xero's ambitious acquisition plans aim to strengthen its foothold in the U.S. market, while comparisons to traditional financial institutions highlight the evolving landscape of tech services. It's a wild ride through innovation and intrigue!
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OpenAI's Startup-Style Chaos
- OpenAI operates more like a hyper-growth startup and less like a traditional billion-dollar company with heavy processes.
- This lack of process leads to situations like ignoring legal risks and handling multi-billion deals informally.
Pitched Device, Got Mocked
- Jason Rigolo, founder of IO, pitched to OpenAI and demonstrated their AI hardware device but faced dismissive and mocking responses.
- Sam Altman and team passed on collaboration and later deleted IO references after legal threats.
AI Drama vs Corporate Norms
- OpenAI's public handling of disputes by posting private email screenshots is unprofessional and unheard of in large corporates.
- It reflects how the AI startup space is drama-prone compared to traditional industries.