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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

#551

From April: https://techcrunch.com/2025/04/07/openai-reportedly-mulls-bu... > OpenAI is said to have discussed acquiring the AI hardware startup that former Apple design lead Jony Ive is building with OpenAI CEO Sam Altman. According to The Information, OpenAI could pay around $500 million for the fledgling company, called io Products. How the heck did the price go up 13x?

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...

Yeah of course we cannot short a non-public company.

If we could, then forget OpenAI. I would short every private company and end up richer than Elon Musk because 99% of the private companies fail.

“Wanting to short a private company” is such a weird comeback. Like yeah private companies most likely fail. Everyone knows.

Re: OpenAI to buy AI startup from Jony Ive

#552
post #355

> In the interview, Altman said Jobs would be “damn proud” of Ive’s latest move. What an extremely weird (and egotistical) thing to say if you're in Altman's position

And God saw every thing that he had made, and, behold, it was very good. And Ive and Sama were the sixth day.

Re: OpenAI to buy AI startup from Jony Ive

#553

Earlier quoted context omitted.

The only people I’ve ever known who actually thought Reddit ever really mattered was people in the HN sphere. Anecdata, but still. In terms of value per minute spent, it’s the same tier of slop as TikTok or Instagram, and I think most ordinary people hold that same view.

I find this perspective bizarre. Though I'm not happy about it all being centralized, the closest thing we have these days to the very niche phpBB forums of the 2000s is various subreddits focused on very specific topics. Scrolling through the front page is slop, sure, but whenever I'm looking for perspectives on a niche topic, searching for " reddit" is the first thing I do. And I know many people without any connec…

I would love to have some directory with all kinds of active (PHP) web forums. That was the heyday of the open web for me.

Re: OpenAI to buy AI startup from Jony Ive

#554

Earlier quoted context omitted.

That is interesting given that reddit has gone from a cultural powerhouse to something most people talk about shamefully, if at all.

>something most people talk about shamefully, if at all Only if you go there for rage bait content. Small subs are better than ever. And no Lemmy is not an alternative.

[flagged]

Re: OpenAI to buy AI startup from Jony Ive

#556

What the other commenters are forgetting is that this is the same Sam Altman who planned and executed the extraction of Reddit from Condé Nast. This acquisition (and the Windsurf acquisition) are all-stock deals, which have the added benefit of reducing the control the nonprofit entity has over the for profit OpenAI entity. How do you extract the for profit entity out of the hands of a nonprofit? - Step 1: you have c…

> Sam Altman who planned and executed the extraction of Reddit from Condé Nast Relevant thread where Sam acknowledges the plan. https://old.reddit.com/r/AskReddit/comments/3cs78i/whats_the...

Posted by former CEO Yishan Wong, no less.

Re: OpenAI to buy AI startup from Jony Ive

#559
post #523
post #421

Earlier quoted context omitted.

One of the most informative posts here. I thought that since Altman's coup the no profit status wouldn't be a problem.

It's interesting I posted exactly this hypothesis an hour or so ago and immediately got flagged despite not being manifestly offensive or anything. Very suspicious. https://news.ycombinator.com/item?id=44054452

interesting, but not surprising
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