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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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  • G [email protected]

    You guys both posted it within a few seconds of each other judging by my app updating the time. Impressive.

    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
    #30

    Unfortunately, they can multitask

    1 Reply Last reply
    0
    • S [email protected]

      Unfortunately, they can multitask

      jrs100000@lemmy.worldJ This user is from outside of this forum
      jrs100000@lemmy.worldJ This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #31

      Musk isnt very good at that. He seems to Godzilla's his way through one company at a time, while interns clean up behind him.

      1 Reply Last reply
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      • G [email protected]

        You guys both posted it within a few seconds of each other judging by my app updating the time. Impressive.

        deceptichum@quokk.auD This user is from outside of this forum
        deceptichum@quokk.auD This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #32

        But only one has a comma.

        I 1 Reply Last reply
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        • S [email protected]

          Unfortunately, they can multitask

          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
          #33

          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 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.

            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
            #34

            I really hope he tanks Open AI.

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            • A [email protected]

              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.

              smackemwittadic@lemmy.worldS This user is from outside of this forum
              smackemwittadic@lemmy.worldS This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #35

              Yes, specially 600 billion of federal funding

              S 1 Reply Last reply
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              • A [email protected]

                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

                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
                #36

                i think this is old spice admitting that xAI is total bullshit

                Well, to be 100% fair, it's all total bullshit.

                zecg@lemmy.worldZ 1 Reply Last reply
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                • 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.

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                  • 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?

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                    • 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
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                      • 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
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                        • 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.

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                          • 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
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                            • 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
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                              • 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
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                                • 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
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                                  • 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
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                                    • 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
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