this post was submitted on 25 Mar 2026
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Fuck AI

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While that agreement was presented publicly as all but a done deal, an OpenAI statement at the time said it was “subject to the negotiation of definitive agreements, required corporate and board approvals, and customary closing conditions.”

Now, Axios cites “a source familiar with the situation” in reporting that no money ever changed hands in the planned deal. The Financial Times reports that the deal never got off the ground as OpenAI shifted its strategic direction, according to “two people familiar with the matter.” And Deadline cites a Disney insider who said point-blank that “the deal is not moving forward.”

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[–] SaharaMaleikuhm@feddit.org 13 points 6 days ago (1 children)

The bubble is popping. Well more like slowly deflating, but I take what I can get.

[–] Almacca@aussie.zone 8 points 6 days ago (1 children)

Slowly deflating would arguably be the better option.

yeah, quick market shocks = bank runs