Updated info per a conversation with Altman. You’re tentatively set to speak with him on Tuesday.
Financing:
-He confirmed again that they are definitely not doing an ICO but rather equity that has a fixed maximum return.
-Would be a rather unique subsidiary structure for the raise which he wants to walk you through.
-Wants to move within 4-6 week on first round (probably largely Reid money, potentially some corporates).
Tech:
Says Dota 5v5 looking better than anticipated.
-The sharp rise in Dota bot performance is apparently causing people internally to worry that the timeline to AGI is sooner than they’d thought before.
-Thinks they are on track to beat Montezuma’s Revenge shortly.
Time allocation:
-I’ve reallocated most of the hours I used to spend with OpenAI to Neuralink and Tesla. This naturally happened with you stepping off the board and related factors — but if you’d prefer I pull more hours back to OpenAI oversight please let me know.
-Sam and Greg asked if I’d be on their informal advisory board (just Gabe Newell so far), which seems fine and better than the formal board given potential conflicts? If that doesn’t feel right let me know what you’d prefer.