Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • World
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse
Brand Logo

agnos.is Forums

  1. Home
  2. Technology
  3. Elon Musk just offered to buy OpenAI for $97.4 billion

Elon Musk just offered to buy OpenAI for $97.4 billion

Scheduled Pinned Locked Moved Technology
technology
155 Posts 122 Posters 325 Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • robotzap10000@feddit.nlR [email protected]

    But remember, all of his wealth is only potential, not realized! He ackshually can't afford to make the world a better place!

    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
    #37

    The best and most affordable way for Elon Musk to "make the world a better place" would be to drop dead.

    1 Reply Last reply
    0
    • C [email protected]

      That's a really low offer; the company easily at the very least has three times that valuation.

      A This user is from outside of this forum
      A This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #38

      What is this? An OpenAI for ants?

      1 Reply Last reply
      0
      • T [email protected]

        Genius mastermind shadow president plan:

        1. Buy company A for shit ton of money
        2. Ruin company A so it is worth 80% less
        3. Still have shit ton of money
        4. Repeat with company B
        G This user is from outside of this forum
        G This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #39

        Unfortunately, looks like buying Twitter was a very effective choice if you take profit off the priority list

        G F 2 Replies Last reply
        0
        • G [email protected]

          Unfortunately, looks like buying Twitter was a very effective choice if you take profit off the priority list

          G This user is from outside of this forum
          G This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #40

          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.

          T 1 Reply Last reply
          0
          • G This user is from outside of this forum
            G This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #41

            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.

            1 Reply Last reply
            0
            • deceptichum@quokk.auD [email protected]

              But only one has a comma.

              I This user is from outside of this forum
              I This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #42

              Coma did you say?

              1 Reply Last reply
              0
              • G [email protected]

                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.

                T This user is from outside of this forum
                T This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #43

                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.

                C J 2 Replies Last reply
                0
                • T [email protected]

                  Genius mastermind shadow president plan:

                  1. Buy company A for shit ton of money
                  2. Ruin company A so it is worth 80% less
                  3. Still have shit ton of money
                  4. Repeat with company B
                  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
                  #44

                  It'll work this time. He just has to be even shittier about it. /s

                  1 Reply Last reply
                  0
                  • S [email protected]

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

                    R This user is from outside of this forum
                    R This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #45

                    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.

                    L 1 Reply Last reply
                    0
                    • S [email protected]

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

                      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
                      #46

                      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...

                      A 1 Reply Last reply
                      0
                      • R [email protected]

                        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.

                        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
                        #47

                        Alternative X Cancel link to thread:

                        https://xcancel.com/sama/status/1889059531625464090

                        1 Reply Last reply
                        0
                        • smackemwittadic@lemmy.worldS [email protected]

                          Yes, specially 600 billion of federal funding

                          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
                          #48

                          I'd take $5M of government funding and make similar progress. Yo DOGE, call me.

                          1 Reply Last reply
                          0
                          • S [email protected]

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

                            jordanlund@lemmy.worldJ This user is from outside of this forum
                            jordanlund@lemmy.worldJ This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #49

                            I thought he only barely pulled off the Twitter deal at $40B, now he's going 2x+x that much?

                            M openstars@piefed.socialO 2 Replies Last reply
                            0
                            • S [email protected]

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

                              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
                              #50

                              "NaziAI" has a real ring to it.

                              nek0d3r@lemmy.dbzer0.comN krimson@lemmy.worldK 2 Replies Last reply
                              0
                              • jordanlund@lemmy.worldJ [email protected]

                                I thought he only barely pulled off the Twitter deal at $40B, now he's going 2x+x that much?

                                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
                                #51

                                Saudis were happy to bankroll it to kill the main organisation platform behind the Arab Spring uprisings

                                1 Reply Last reply
                                0
                                • S [email protected]

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

                                  P This user is from outside of this forum
                                  P This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #52

                                  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?

                                  G 1 Reply Last reply
                                  0
                                  • G [email protected]

                                    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.

                                    E This user is from outside of this forum
                                    E This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #53

                                    Because if you believe it's worth $97B you don't offer to overpay by $3B...

                                    1 Reply Last reply
                                    0
                                    • S [email protected]

                                      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...

                                      A This user is from outside of this forum
                                      A This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #54

                                      At least part of the money helps invested in things like Twitter etc he borrowed from other companies he owns that are overvalued (Tesla).

                                      1 Reply Last reply
                                      0
                                      • T [email protected]

                                        Genius mastermind shadow president plan:

                                        1. Buy company A for shit ton of money
                                        2. Ruin company A so it is worth 80% less
                                        3. Still have shit ton of money
                                        4. Repeat with company B
                                        P This user is from outside of this forum
                                        P This user is from outside of this forum
                                        [email protected]
                                        wrote on last edited by
                                        #55

                                        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 1 Reply Last reply
                                        0
                                        • U [email protected]

                                          Still slows down some of their other goals. Attention and resources aren't infinite. The more they wear themselves thin on things that don't matter / have less bad outcomes, the better

                                          jjagaimo@sh.itjust.worksJ This user is from outside of this forum
                                          jjagaimo@sh.itjust.worksJ This user is from outside of this forum
                                          [email protected]
                                          wrote on last edited by
                                          #56

                                          Unfortunately he has a gaggle of hitler youth in tow doing his bidding for him

                                          1 Reply Last reply
                                          0
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • World
                                          • Users
                                          • Groups