Elon Musk just offered to buy OpenAI for $97.4 billion
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Is xAI the same as grok? I really haven’t paid attention to Musk.
Has there been any improvement in fsd since the introduction of the AI initiatives?
Given what happened to twitter I can see this deal being finalized at 600billion.
Yes, specially 600 billion of federal funding
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not even one-third of the valuation openai thinks they're worth (up to 340b). and still below what investors thought in 2022 (157b). src
i think this is old spice admitting that xAI is total bullshit
Well, to be 100% fair, it's all total bullshit.
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But remember, all of his wealth is only potential, not realized! He ackshually can't afford to make the world a better place!
The best and most affordable way for Elon Musk to "make the world a better place" would be to drop dead.
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That's a really low offer; the company easily at the very least has three times that valuation.
What is this? An OpenAI for ants?
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Genius mastermind shadow president plan:
- Buy company A for shit ton of money
- Ruin company A so it is worth 80% less
- Still have shit ton of money
- Repeat with company B
Unfortunately, looks like buying Twitter was a very effective choice if you take profit off the priority list
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Unfortunately, looks like buying Twitter was a very effective choice if you take profit off the priority list
I mean, yeah. That was the entire point of him buying it: to control one of the biggest social media networks ever, and to use that to push and pull the public discourse however he wanted, in the interest of being a kingmaker. And it fucking worked.
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I will be shocked if he uses his own money for this. He just got a ton of backdoors into the treasury department, remember? That was just last week.
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But only one has a comma.
Coma did you say?
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I mean, yeah. That was the entire point of him buying it: to control one of the biggest social media networks ever, and to use that to push and pull the public discourse however he wanted, in the interest of being a kingmaker. And it fucking worked.
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.
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Genius mastermind shadow president plan:
- Buy company A for shit ton of money
- Ruin company A so it is worth 80% less
- Still have shit ton of money
- Repeat with company B
It'll work this time. He just has to be even shittier about it. /s
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It isn’t racist enough, so he has to take over and train it on nazi propaganda.
Altman responded on twitter with
no thank you but we will buy twitter for $9.74 billion if you want
That's way less than Musk paid but maybe still high.
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It isn’t racist enough, so he has to take over and train it on nazi propaganda.
His net worth is NOT how much money he is net positive. All his net worth means, is he has hundreds of billions of assets, it says nothing for the debt load he is holding onto, nor how much of his assets are already leveraged. With how throughly he has obliterated xitters ad income when it was being sold because investors were unhappy with ad income already being too low, it looks like ol Elon might have found a sure fire way to turn a billion into a million, and somehow people keep loaning him money... Have they checked who else has their financial interests vested in assets he "owns" or when you have that much stuff do they just assume no one else is using it for collateral... Just be interesting if suddenly his entire fortune went up with a puff of smoke because the debt load was too high and one of his investments went further sour causing a cascade similar to a short squeeze, just encapsulated entirely on elon musk and his assets being liquidated...
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Altman responded on twitter with
no thank you but we will buy twitter for $9.74 billion if you want
That's way less than Musk paid but maybe still high.
Alternative X Cancel link to thread:
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Yes, specially 600 billion of federal funding
I'd take $5M of government funding and make similar progress. Yo DOGE, call me.
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It isn’t racist enough, so he has to take over and train it on nazi propaganda.
I thought he only barely pulled off the Twitter deal at $40B, now he's going 2x+x that much?
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It isn’t racist enough, so he has to take over and train it on nazi propaganda.
"NaziAI" has a real ring to it.
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I thought he only barely pulled off the Twitter deal at $40B, now he's going 2x+x that much?
Saudis were happy to bankroll it to kill the main organisation platform behind the Arab Spring uprisings
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It isn’t racist enough, so he has to take over and train it on nazi propaganda.
Ah so he's again going to pay twice the amount of what it's worth to then run of off a cliff and make it worth 20% of it's real value within a years time?
Seriously, why do people still believe anything this scammer says?
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Why not make it an even 100 billion is what I would ask if I were uninformed, which I am, so it's what I'm asking.
Because if you believe it's worth $97B you don't offer to overpay by $3B...
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His net worth is NOT how much money he is net positive. All his net worth means, is he has hundreds of billions of assets, it says nothing for the debt load he is holding onto, nor how much of his assets are already leveraged. With how throughly he has obliterated xitters ad income when it was being sold because investors were unhappy with ad income already being too low, it looks like ol Elon might have found a sure fire way to turn a billion into a million, and somehow people keep loaning him money... Have they checked who else has their financial interests vested in assets he "owns" or when you have that much stuff do they just assume no one else is using it for collateral... Just be interesting if suddenly his entire fortune went up with a puff of smoke because the debt load was too high and one of his investments went further sour causing a cascade similar to a short squeeze, just encapsulated entirely on elon musk and his assets being liquidated...
At least part of the money helps invested in things like Twitter etc he borrowed from other companies he owns that are overvalued (Tesla).
