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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.

    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
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        • 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
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          • 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
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            • 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
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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
                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
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                • 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
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                  • S [email protected]

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

                    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
                    #57

                    OK, what's the fediverse alternative for ChatGPT?

                    S elgenzay@lemmy.mlE T caoimhinr@lemmy.worldC 4 Replies Last reply
                    0
                    • notsoshaihulud@lemmy.worldN [email protected]

                      OK, what's the fediverse alternative for ChatGPT?

                      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
                      #58

                      Running the models locally.

                      notsoshaihulud@lemmy.worldN 1 Reply Last reply
                      0
                      • S [email protected]

                        "NaziAI" has a real ring to it.

                        nek0d3r@lemmy.dbzer0.comN This user is from outside of this forum
                        nek0d3r@lemmy.dbzer0.comN This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #59

                        Arnim Zola IRL

                        1 Reply Last reply
                        0
                        • S [email protected]

                          Running the models locally.

                          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
                          #60

                          well...I guess I can use chatGPT to walk me through setting one up?! I can use a double 4090 RTX config instead of heating too.
                          (these are really fucked up times)

                          S O 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.

                            andrew_bidlaw@sh.itjust.worksA This user is from outside of this forum
                            andrew_bidlaw@sh.itjust.worksA This user is from outside of this forum
                            [email protected]
                            wrote on last edited by
                            #61

                            Shortly after the news was announced, Altman posted on X: “no thank you but we will buy twitter for $9.74 billion if you want.”

                            If only their slapfight meant something good for the world. At least, I don't see everything collected in Musk's hands.

                            C 1 Reply Last reply
                            0
                            • notsoshaihulud@lemmy.worldN [email protected]

                              well...I guess I can use chatGPT to walk me through setting one up?! I can use a double 4090 RTX config instead of heating too.
                              (these are really fucked up times)

                              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
                              #62

                              Look here: https://ollama.com/

                              notsoshaihulud@lemmy.worldN 1 Reply 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?

                                openstars@piefed.socialO This user is from outside of this forum
                                openstars@piefed.socialO This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #63

                                Gotta ride that debt wave - what else is there to do in life? ("Helping people" is somehow not an option, nor is simply leaving well enough alone, we apparently "need" to have his face and name and one arm raised in nearly every conversation taking place on planet earth)

                                1 Reply Last reply
                                0
                                • notsoshaihulud@lemmy.worldN [email protected]

                                  OK, what's the fediverse alternative for ChatGPT?

                                  elgenzay@lemmy.mlE This user is from outside of this forum
                                  elgenzay@lemmy.mlE This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #64

                                  SpeakIt. It's like SheepIt but for powering language models.

                                  Source: i made it up

                                  1 Reply Last reply
                                  0
                                  • andrew_bidlaw@sh.itjust.worksA [email protected]

                                    Shortly after the news was announced, Altman posted on X: “no thank you but we will buy twitter for $9.74 billion if you want.”

                                    If only their slapfight meant something good for the world. At least, I don't see everything collected in Musk's hands.

                                    C This user is from outside of this forum
                                    C This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #65

                                    Lmao "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.

                                      beliquititious@lemmy.blahaj.zoneB This user is from outside of this forum
                                      beliquititious@lemmy.blahaj.zoneB This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #66

                                      “It’s time for OpenAI to return to the open-source, safety-focused force for good it once was,” Musk said in a statement provided by his lawyer Marc Toberoff to The Wall Street Journal. “We will make sure that happens.”

                                      I'll believe that when I see it.

                                      F 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

                                        lucidlethargy@sh.itjust.worksL This user is from outside of this forum
                                        lucidlethargy@sh.itjust.worksL This user is from outside of this forum
                                        [email protected]
                                        wrote on last edited by
                                        #67

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

                                        S 1 Reply Last reply
                                        0
                                        • 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

                                          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
                                          #68

                                          How stupid is this conspiracy theory:

                                          If it were a threat, like “this is what you’re gonna be worth if you don’t accept, anyway” depending on how power drunk he was feeling when hitting Tweet

                                          1 Reply Last reply
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