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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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  • S [email protected]

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

    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
    #96

    This kind of thing is why it's short-sighted even for the other tech guys to cozy up to Trump. There's no room for anyone other than Musk and he is just going to use his leverage with Trump to screw over the other billionaires as well.

    F 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.

      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
      #97

      YES!

      Finally a way to destroy the AI hype.

      Maybe the man is good for something besides wasting oxygen after all.

      icastfist@programming.devI D 2 Replies Last reply
      0
      • S [email protected]

        Look here: https://ollama.com/

        notsoshaihulud@lemmy.worldN This user is from outside of this forum
        notsoshaihulud@lemmy.worldN This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #98

        You guys are awesome!

        1 Reply Last reply
        0
        • flyingsquid@lemmy.worldF [email protected]

          They're also hiding their head in the sand, which might be a bigger issue.

          W This user is from outside of this forum
          W This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #99

          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 1 Reply Last reply
          0
          • B [email protected]

            How does it compare to ollama in your experience?

            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
            #100

            Easier to get up and running with it's own interface (no need to run on localhost/with browser). Ollama is better if you want to tweak and customize.

            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
              #101

              even if openai are assholes, chatgpt is still useful for things as long as you dont put too much trust in it. If that fucker buys it they will turn it into racist shitspewing garbage. Without it, regular people will have no decent or easy way to utilize ai and this new tech will benefit only the rich who will use it to oppress us even worse.

              Stinky isnt an idiot, i wish he was. Anything he buys he can and will use to cause harm to us. So this would be bad for us all.

              H 3 U 3 Replies Last reply
              0
              • 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
                [email protected]
                wrote on last edited by
                #102

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

                Are they as popular, or the default use. How many "alternatives" are actually just piping through chatgpt.

                Controlling information means getting control of the defaults, the ones people are used to using.

                1 Reply Last reply
                0
                • R [email protected]

                  even if openai are assholes, chatgpt is still useful for things as long as you dont put too much trust in it. If that fucker buys it they will turn it into racist shitspewing garbage. Without it, regular people will have no decent or easy way to utilize ai and this new tech will benefit only the rich who will use it to oppress us even worse.

                  Stinky isnt an idiot, i wish he was. Anything he buys he can and will use to cause harm to us. So this would be bad for us all.

                  H This user is from outside of this forum
                  H This user is from outside of this forum
                  [email protected]
                  wrote on last edited by
                  #103

                  Deepseek took the training of foundation models from a billionaire's game to a millionaire's game. If Elon wants an AI monopoly, it'll have to be done through litigation. Which, ya know, they're also trying.

                  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.

                    kingthrillgore@lemmy.mlK This user is from outside of this forum
                    kingthrillgore@lemmy.mlK This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #104

                    How to become a millionaire: Start with 97.4 Billion.

                    1 Reply Last reply
                    0
                    • M [email protected]

                      YES!

                      Finally a way to destroy the AI hype.

                      Maybe the man is good for something besides wasting oxygen after all.

                      icastfist@programming.devI This user is from outside of this forum
                      icastfist@programming.devI This user is from outside of this forum
                      [email protected]
                      wrote on last edited by
                      #105

                      Lol does he even have the money/stocks/bank friends to buy at that price?

                      1 Reply Last reply
                      0
                      • A [email protected]

                        This kind of thing is why it's short-sighted even for the other tech guys to cozy up to Trump. There's no room for anyone other than Musk and he is just going to use his leverage with Trump to screw over the other billionaires as well.

                        F This user is from outside of this forum
                        F This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #106

                        Anyone cozying up to Trump is announcing they have skeletons in their closet and he has the dirt.

                        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.

                          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
                          #107

                          In order to ruin it like Twitter?

                          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.

                            remembertheapollo_@lemmy.worldR This user is from outside of this forum
                            remembertheapollo_@lemmy.worldR This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #108

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

                            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.

                              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
                              #109

                              He can afford to pay twice the price of Twitter because he's using government money. Remember he barely swung the 44 billion for Twitter. Now he's buying something for more than double that? After putting code into the Treasury department computers to hide transactions?

                              Lmao.

                              lupusblackfur@lemmy.worldL C 2 Replies Last reply
                              0
                              • R [email protected]

                                even if openai are assholes, chatgpt is still useful for things as long as you dont put too much trust in it. If that fucker buys it they will turn it into racist shitspewing garbage. Without it, regular people will have no decent or easy way to utilize ai and this new tech will benefit only the rich who will use it to oppress us even worse.

                                Stinky isnt an idiot, i wish he was. Anything he buys he can and will use to cause harm to us. So this would be bad for us all.

                                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
                                #110

                                Regular users can use Gemini, Deepseek, Meta AI, and there will probably be many more services in the future.

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

                                  lol. Wasn’t grok built specifically without safety in mind?

                                  D This user is from outside of this forum
                                  D This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #111

                                  Musk: "Yeah safety as in: We must secure the safety of our people and a future for... "Real American" children."

                                  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
                                    #112

                                    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 A 2 Replies Last reply
                                    0
                                    • 3 [email protected]

                                      Regular users can use Gemini, Deepseek, Meta AI, and there will probably be many more services in the future.

                                      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
                                      #113

                                      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 sneptaur@pawb.socialS U 3 Replies Last reply
                                      0
                                      • 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).

                                        1 Reply Last reply
                                        0
                                        • 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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