• UnderpantsWeevil@lemmy.world
    link
    fedilink
    English
    arrow-up
    6
    ·
    2 months ago

    They didn’t invest much in it

    Goldman was strongly bullish on Microsoft in mid-2023, right before it went on a historical run, precisely because they had enormous faith in the OpenAI project. This is a huge heel turn relative to their multi-billion dollar investment in the company from last year.