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Cake day: February 15th, 2024

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  • In that case they would be locking down their subsidiary even further to just one client. I guess it all comes down to the plausibility of their argument for making this investment, rather than, say increasing dividends or ploughing that money back into other investments for the business. I guess they were able to justify the OpenAI investment along these lines. If I could hazard a guess, it would be something along the lines of:

    This is a new market. We need to get in at the ground floor.

    I suspect, OpenAI presented itself as a turn key solution to get a foothold in this brave new world and maybe steal a march on Google.

















  • It’s a storage agnostic protocol for sending, receiving and enumerating to/from cloud storage. Think off it like email. Email service providers allow for a number of ways to access your email, be it pop3, IMAP or web. The underlying technology is abstracted away. In the same way cloud storage allows for web, s3 and/or WebDAV. Amongst others. And likewise the back end is abstracted away. The s3 client you use doesn’t need to know how the data is actually stored. And there’s some pretty whacky storage back ends.