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OpenAI to buy AI startup from Jony Ive

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Re: OpenAI to buy AI startup from Jony Ive

#391
post #13

Is there actually a thing or product here they're talking about / they made / making?

I'm also struggling to find the website for Ive's company that is being acquired for $6.5 billion. Maybe I'm just slow today, but does the company being acquired have a website?

Re: OpenAI to buy AI startup from Jony Ive

#392
post #382
post #349

Earlier quoted context omitted.

Just to stem pointless debates before they flame up - both these acquisitions appear to be primarily if not exclusively for stock. Sure, if you want to get into theoretical finance, OpenAI could have sold these new shares for cash, so technically there's no difference, but OpenAI is only spending opportunity cost cash, rather than fiat. OpenAI's fiat likely still goes to the things you'd expect, like training models…

The AI hype seems driven more by stock valuations than genuine productivity gains. Developers now spend excessive time crafting prompts and managing AI generated pull requests :-) tasks that a simple email to a junior coder could have handled efficiently. We need a study that shows the lost productivity. When CEOs aggressively promote such tech solutions, it signals we're deep into bubble territory: “If you go forwar…

Apart from developer productivity, have we seen anything made 1000x better using GenAI?

Re: OpenAI to buy AI startup from Jony Ive

#393

Earlier quoted context omitted.

Apple is failing horrible at “AI” currently but I don’t see what the big deal with Jony Ive is in 2025. He had a massive (if not single-handed) impact on some of the _worst_ hardware Apple has ever shipped, thinner, thinner, thinner to the product’s detriment and butterfly keyboards. I lay that all at Ive’s feet.

you must really have an axe to grind, you've commented three times on the same article with how much you hate ive. you're right his later work was a little frustrating, but he's also the same guy who brought you the ipod, the iphone, the ipad, the apple watch, and airpods. maybe he's not batting 1000 but the level of vitriol here is striking.

I never said I hate him, I think his is massively over-hyped, and I just think it's insanity that people think that since he had success earlier in his life that everything he touches is gold. It's a common theme of people thinking any successful business person must be worth listening to in other aspects of life (see: people treating billionaires like they are genius'), a stupid theme but a common one.

Re: OpenAI to buy AI startup from Jony Ive

#394

Below is wild speculation: > Five years to the week after he walked away from the top job designing the iPhone [1] Sounds to me like OpenAI is going to make it's own consumer device. Maybe designed by the AI itself. The AI Is choosing it's own body? [1]: https://archive.is/yixNr#selection-615.0-615.81 "After Apple, Jony Ive Is Building an Empire of His Own" - NYT

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Re: OpenAI to buy AI startup from Jony Ive

#395
post #383

Earlier quoted context omitted.

55 engineers and the opportunity to be associated with Apple products via Jony Ive. Honestly with OpenAI buying Windsurf, and now this (whatever this is) I'd say that the company is in trouble and is now desperately attempting to buy it's way into relevancy. Either OpenAI wants to become a developer tools company (which can't be that profitable), or a consumer goods company. Trying to become the next Apple is really…

I honestly think that Google is going to be the long term winner. They were behind at first, but now their models are the state of the art, and cheaper, and crucially Google as a whole makes enough money to float the business.

Google and maybe Microsoft. Both have enough money to just outlast anyone else. LLMs aren't a bad idea, but they are at the current cost, that's just less of an issue to Google and Microsoft.

Re: OpenAI to buy AI startup from Jony Ive

#396

Earlier quoted context omitted.

Because it sounds like the CEO of OpenAI wants to use investor's money to buy his other company. Too bad we can't short it or otherwise stop it, because investment for the things we could start will dry up once the world figures this out. We're all correlated to companies like FTX whether we like them or not...

There should be a way to reverse valuate a company based on how much of its stock it used to acquire a company worth (500,000,000 dollars of) peanuts

Depending on who is doing the valuation, I'm sure this is already a consideration. Like when Coinbase acquired Earn for $110m-ish. Was Earn worth that? Absolutely not. Since Coinbase and Earn shared investors, it was merely a convenient way for those investors to pay themselves out of the unexpected billion dollar cash pile Coinbase amassed in 2017.

Re: OpenAI to buy AI startup from Jony Ive

#398
This is the only play for OpenAI. The AI service is going to be commoditized very very quickly and their moat will be gone. They will be doing vertical integration and push into everything. If people complained apple and google looked at apps and copied the functionality themselves what OpenAI will do will be much worse. Also when it took apple and google years to do it, OpenAI will do it very very quickly, in a year most

Re: OpenAI to buy AI startup from Jony Ive

#399

It’s mind boggling how much money is floating around once you are part of the insider circle. What has that company been doing to be worth 6.5 billion?

I consider myself extremely plugged in to what's going on with AI and I still couldn't tell you what Ive's company does without looking it up

Re: OpenAI to buy AI startup from Jony Ive

#400

These product-focused moves feel like a tacit admission that AGI is further away than they’ve been preaching. If it was close at hand, spending precious resources on anything other than pursuing AGI wouldn’t make sense.

Does anyone seriously think we're anywhere close to AGI with LLMs? I know CEOs like to say things to blow smoke up investors asses, but does anyone with actual credibility think that?

No. People hype it but it's obvious we're hitting a wall with LLMs.

That being said, the "apps" that use LLMs coming out now are good. Not AGI good, but they do things, will be disruptive and have value.

And the money coming it could lead to new techniques and eventual AI. For now though, it looks like AI is transitioning into products and figuring out how to lower inference costs.

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