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Jeff Bezos creates A.I. startup where he will be co-chief executive

nytimes.com

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Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#5
post #2

> The new company has until now kept a low profile, and when it was started is not even clear. Any more details? Where is it located? Who is working there, For $6.2 billion raised I’m surprised their aren’t more details

Is that a thing in the US? You start a company and there's no need to register it with the government? Or it gets registered but there's no public records of it?

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#6
post #2

> The new company has until now kept a low profile, and when it was started is not even clear. Any more details? Where is it located? Who is working there, For $6.2 billion raised I’m surprised their aren’t more details

Is that a thing in the US? You start a company and there's no need to register it with the government? Or it gets registered but there's no public records of it?

You can basically form a corporate entity with a nominal Delaware office, but it doesn't need to give any details about where the actual work takes place, yeah.

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#8
post #2

> The new company has until now kept a low profile, and when it was started is not even clear. Any more details? Where is it located? Who is working there, For $6.2 billion raised I’m surprised their aren’t more details

Is that a thing in the US? You start a company and there's no need to register it with the government? Or it gets registered but there's no public records of it?

All companies are registered. They have to be registered to be legal entities, have bank accounts, and comply with tax laws.

Private companies don’t need to publicly divulge a lot, though. It’s between the company and their investors. It’s only once a company wants to trade publicly that they have to provide a lot of public details and financials.

Re: Jeff Bezos creates A.I. startup where he will be co-chief executive

#10
post #7
post #4

Not many people can do the "Just-do-what-Musk-does" playbook, but this will no doubt be a good little bunse for him.

If there were a founder I believed who could, it would be Jeff B

The fact that Amazon hit it big twice under him (retail and then web services) speaks volumes. Hard to pretend he just got lucky.
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