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  3. Elon Musk just offered to buy OpenAI for $97.4 billion

Elon Musk just offered to buy OpenAI for $97.4 billion

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  • R [email protected]

    deepseek has censorship which makes it unreliable. But hopefully someone will fix that since its opensource. So at least there is that. google is garbage in comparison to chatgpt and i havent tried anything meta has produced since i dont want to have anything to do with that filth, so i dont know anything about that one.
    So maybe there is some hope in long term, if things dont get worse elsewhere.

    3 This user is from outside of this forum
    3 This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #114

    Oh, I forgot about Claude. Last time I tried it, it seemed on par or even better that ChatGPT-4o (but was missing features like browsing).

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    • B [email protected]

      I read this on Hacker News, which I found particularly interesting:

      Elon Musk’s bid for OpenAI isn’t about buying it but about disrupting its transition to a for-profit company. OpenAI Inc., the nonprofit, controls OpenAI LP, the capped-profit subsidiary. To convert to a full for-profit entity, OpenAI Inc. must sell its technology and IP to the new company, with regulators determining a fair valuation.

      The rumored SoftBank investment at a $260B valuation relies on this transition, but the current estimated valuation is around $150B. Typically, control premiums in such deals range from 20-30%, putting the expected nonprofit payout at $30B-$40B. However, Musk’s $97B bid for OpenAI Inc.’s assets sets a significantly higher valuation, giving regulators a strong argument that the nonprofit should receive much more.

      If regulators adopt Musk’s benchmark, OpenAI Inc. would end up with a 62% majority stake, making the transition far more complex or even blocking it entirely. Even though OpenAI won’t accept Musk’s offer, the bid’s primary effect is to make the legal and financial process of going for-profit much more difficult. It’s a strategic move designed to frustrate OpenAI’s leadership, particularly Sam Altman, and potentially derail the entire transition.

      M This user is from outside of this forum
      M This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #115

      The Hacker News post you referenced aligns with the broader narrative: Musk’s bid isn’t about acquiring OpenAI but about obstructing its for-profit transition. By setting a high valuation benchmark, he’s complicating regulatory approval and forcing a reassessment of the nonprofit’s stake. This isn’t altruism; it’s a calculated disruption aimed at frustrating Altman and OpenAI’s leadership.

      The bid also underscores Musk’s ongoing feud with Altman, weaponizing financial maneuvers to challenge OpenAI’s trajectory. It’s less about AI ethics or governance and more about power plays and ego clashes.

      While the restructuring may benefit the nonprofit financially in theory, Musk’s interference highlights how these transitions often prioritize control over mission. Dressing this up as concern for AI governance is disingenuous—it’s a chess match between tech oligarchs, with humanity as the board.

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      • R [email protected]

        deepseek has censorship which makes it unreliable. But hopefully someone will fix that since its opensource. So at least there is that. google is garbage in comparison to chatgpt and i havent tried anything meta has produced since i dont want to have anything to do with that filth, so i dont know anything about that one.
        So maybe there is some hope in long term, if things dont get worse elsewhere.

        sneptaur@pawb.socialS This user is from outside of this forum
        sneptaur@pawb.socialS This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #116

        Deepseek only has censorship on their hosted site... if you run the open source model on your own hardware it doesn't seem to censor

        J 1 Reply Last reply
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        • W [email protected]

          When it's actual news, I'll hear about it regardless.

          I'm not going to perseverate over every headline, I have a life to live. The media is actively trying to piss us off, they'll skew and distort and all but fabricate to keep us angry and engaged.

          I'm not doing it. I can't recall a single time in my life that keeping up to date up to the hour has actually improved anything for me. Sitting around just knowing stuff is happening isn't going to change my life for the better.

          I live in a safe republican state and a leans Republican district. I could send a letter to my senator, call my representative, spend hours of my time just worried about something, and still, they'll vote how the party wants them to. Being informed and doing the things I'm supposed to do won't change anything.

          sneptaur@pawb.socialS This user is from outside of this forum
          sneptaur@pawb.socialS This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #117

          But being good to your neighbors and doing direct action like volunteering will make a huge difference, and you don't need the news for that!

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          • zecg@lemmy.worldZ [email protected]

            I use a 16b reduction of deepseek-r1 on my pc at home and it's definitely not total bullshit. It's 10gb of local model that can solve mathematics and physics problems for you or program in python or bash. It doesn't hallucinate (or I haven't been able to elicit it), it's aware of the extents of its knowledge. It works incredibly fast on an old ryzen 1600 with 6600xt. Having an open source reasoning AI that takes 10gb of SSD and about 13 gb of ram is so weird that the only thing weirder is seeing smart people dismiss it as bullshit out of hand.

            S This user is from outside of this forum
            S This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #118

            an open source reasoning AI

            It's still an LLM right? I'm going to have to take issue with your use of the word 'reasoning' here

            zecg@lemmy.worldZ 1 Reply Last reply
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            • lucidlethargy@sh.itjust.worksL [email protected]

              Lol is that even a thing? xAI? I've never heard of it, and I self host AI's, and explore them often.

              S This user is from outside of this forum
              S This user is from outside of this forum
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              wrote on last edited by
              #119

              It's real. https://en.wikipedia.org/wiki/XAI_(company)

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              • R [email protected]

                deepseek has censorship which makes it unreliable. But hopefully someone will fix that since its opensource. So at least there is that. google is garbage in comparison to chatgpt and i havent tried anything meta has produced since i dont want to have anything to do with that filth, so i dont know anything about that one.
                So maybe there is some hope in long term, if things dont get worse elsewhere.

                U This user is from outside of this forum
                U This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #120

                Chatgpt is also censored.

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                • P [email protected]

                  He bought Twitter for 44 billion... and the US presidency for 290 million.

                  That is the single most dystopian shit I have ever heard. The idea that people and countries are so dirt cheap and companies are orders of magnitude more valuable is a thing that should damn their souls to hell.

                  You how bad this is affecting me? I've been an atheist and anti-death penality most of my life... Musk has for the past while made me think that the death penalty needs to be applied to people like him (and Israeli war criminals) and not to common crooks and common murderers. He is even making me want a hell to exist so people like him can burn in it.

                  E This user is from outside of this forum
                  E This user is from outside of this forum
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                  wrote on last edited by
                  #121

                  and the US presidency for 290 million.

                  So, about a dollar per American.

                  E B Z 3 Replies Last reply
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                  • remembertheapollo_@lemmy.worldR [email protected]

                    Is he going to buy a “founder” clause in the contract?

                    S This user is from outside of this forum
                    S This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #122

                    Well this time he actually is one of the founders. He invested 45 million and was co-chair

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                    • S [email protected]

                      It isn’t racist enough, so he has to take over and train it on nazi propaganda.

                      M This user is from outside of this forum
                      M This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #123

                      Why buy it now and not earlier?

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                      • S [email protected]

                        an open source reasoning AI

                        It's still an LLM right? I'm going to have to take issue with your use of the word 'reasoning' here

                        zecg@lemmy.worldZ This user is from outside of this forum
                        zecg@lemmy.worldZ This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #124

                        OK, it just spits predicted tokens, but in answer to what you asked and sensitive to the context you provided and its predictions are arranged such that when you decode them into language they present evidence or arguments used in thinking or argumentation. It also forms conclusions, inferences and produces results to problems, if you allow me to recycle from a dictionary definition of "reasoning". It's not perfect and obviously you can't cram a huge amount into a 16b distillation and it certainly can get things wrong, but you have to squint to not see reasoning when you ask it to guesstimate something or solve a mathematical problem. It is an LLM but there's reasoning coming out?

                        S 1 Reply Last reply
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                        • S [email protected]

                          It isn’t racist enough, so he has to take over and train it on nazi propaganda.

                          L This user is from outside of this forum
                          L This user is from outside of this forum
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                          wrote on last edited by
                          #125

                          He offered to buy it with someone else's money and take the credit

                          B 1 Reply Last reply
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                          • C [email protected]

                            There's tons of alternatives out there now that are as good or better.

                            If he gets it then clearly it will be the Confederate States ChatGPT.

                            T This user is from outside of this forum
                            T This user is from outside of this forum
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                            wrote on last edited by
                            #126

                            There’s tons of alternatives out there now that are as good or better.

                            Do you mean LLM's or other means to get factual info?

                            It seems to me that LLM's are not a very good way to get factual information due to limitations of the technology (models try to write as plausible text as possible, not as factually correct as possible) Yet using search engines is a pain due to how many ChatGPT-generated SEO optimized websites are there, which are written not by experts in their fields, but random copywriters. I really have no idea where to get truth about anything at this point.

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                            • flyingsquid@lemmy.worldF [email protected]

                              Ok, that's fair. It is very hard to tell these days who is paying attention but overwhelmed and who is saying "this is all bad news, so I'm going to ignore it because I don't like hearing about bad things." The latter is the dangerous attitude. I'm glad it isn't yours, but unfortunately Lemmy is not free of it.

                              T This user is from outside of this forum
                              T This user is from outside of this forum
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                              wrote on last edited by
                              #127

                              It's not "because I don't like hearing about bad things" but rather "I am focusing on what I can control instead of what I cannot control".

                              It's a strategic move to maximize the good you can do for yourself and your immediate environment instead of dwelling on all the bad things happening to each one of the 8 billion people

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                              • S [email protected]

                                It isn’t racist enough, so he has to take over and train it on nazi propaganda.

                                L This user is from outside of this forum
                                L This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #128

                                This is corporate trolling. Open AI is trying to go public soon, and Elon did this to fuck with that.

                                Massive oversimplification but basically:
                                In the United States, you are required to take the best offer when selling a company, unless you can argue in court that you had reasons not to sell to whomever placed the highest bid.
                                Because of this offer, as open AI attempts to go public, they will have to either to be close to Elon's bid, forced to sell to him, go to court and fight him ther, or be forced to remain private.

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                                • E [email protected]

                                  and the US presidency for 290 million.

                                  So, about a dollar per American.

                                  E This user is from outside of this forum
                                  E This user is from outside of this forum
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                                  wrote on last edited by
                                  #129

                                  Everyone should've chipped in with a dollar and you'd have your own country! /s

                                  S chairmanmeow@programming.devC 2 Replies Last reply
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                                  • sneptaur@pawb.socialS [email protected]

                                    Deepseek only has censorship on their hosted site... if you run the open source model on your own hardware it doesn't seem to censor

                                    J This user is from outside of this forum
                                    J This user is from outside of this forum
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                                    wrote on last edited by
                                    #130

                                    I asked the locally-hosted version about Tienanmen Square and it gave an accurate description, but the wording was a bit sympathetic to the CCP. It was like "according to some people, this is what happened, but the government contests this."

                                    B 1 Reply Last reply
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                                    • T [email protected]

                                      and sadly, the amount of people who use chatgpt to try and get factual information, is quite high... which makes this even more terrifying. It's about systematically gaining control of communication and information.

                                      J This user is from outside of this forum
                                      J This user is from outside of this forum
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                                      wrote on last edited by
                                      #131

                                      I've had people on Reddit and Lemmy dispute my comments by citing ChatGPT... AI is a really innovative wrench that people are using as a hammer.

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                                      • P [email protected]

                                        Buy a company mostly with other people's money (he paid ~15B of the 44B offer) lose a lot, 70% or more but use it to win an election and gain 200B in profit.

                                        Musk is a salesman and he's good at getting investors to get behind his crap. He's never produced actual value but that doesn't matter to stock values apparently.

                                        J This user is from outside of this forum
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                                        wrote on last edited by
                                        #132

                                        Tesla investors are starting to care, it seems.

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                                        • E [email protected]

                                          Everyone should've chipped in with a dollar and you'd have your own country! /s

                                          S This user is from outside of this forum
                                          S This user is from outside of this forum
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                                          wrote on last edited by
                                          #133

                                          But that's socialism.

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