Earlier quoted context omitted.
MS put 10B for 50% if I remember correctly. OpenAI is worth many multiples of that.
> OpenAI is worth many multiples of that. How?
Microsoft and OpenAI end their exclusive and revenue-sharing deal
221–230 of 915 posts
Re: Microsoft and OpenAI end their exclusive and revenue-sharing deal
#222Earlier quoted context omitted.
Not sure if you're being sincere or sarcastic but some of us have lived through several AI winters now. And the fact that such a phenomenon exists is because of this terrible amount of hype the topic gets whenever any progress is made.
Which ones? At least in the last 4 years, there was no AI winter.
Re: Microsoft and OpenAI end their exclusive and revenue-sharing deal
#223Earlier quoted context omitted.
If I'm reading you right, your opinion is essentially: "If building bigger and bigger statistical next word predictors won't lead to artificial general intelligence, we will never see artificial general intelligence" I don't know, maybe AGI is possible but there's more to intelligence than statistical next word prediction?
Its not a statistical next word predictor. The 'predicting the next word' is the learning mechanism of the LLM which leads to a latent space which can encode higher level concepts. Basically a LLM 'understands' that much as efficient as it has to be to be able to respond in a reasonable way. A LLM doesn't predict german text or chinese language. It predicts the concept and than has a language layer outputting tokens.…
Re: Microsoft and OpenAI end their exclusive and revenue-sharing deal
#224This agreement feels so friendly towards OpenAI that it's not obvious to me why Microsoft accepted this. I guess Microsoft just realized that the previous agreement was kneecapping OpenAI so much that the investment was at risk, especially with serious competition now coming from Anthropic?
Re: Microsoft and OpenAI end their exclusive and revenue-sharing deal
#225Earlier quoted context omitted.
I think MS wants OpenAI to fail so it can absorb it
MS put 10B for 50% if I remember correctly. OpenAI is worth many multiples of that.
valued at --which I'd say is a reasonable distinction to make right about now
Re: Microsoft and OpenAI end their exclusive and revenue-sharing deal
#226Nadella had OpenAI by the short and curlies early on. But all I've seen from him in the last couple of years is continuously acquiescing to OpenAI's demands. I wonder why he's so weak and doesn't exert more control over the situation? At one point Microsoft owned 49% of OpenAI but now it's down to 27%?
Everything is personal preference, and perhaps I am more fiscally conservative because I grew up in poverty. But if I own 49% of a company and that company has more hype than product, hasn't found its market yet but is valued at trillions? I'm going to sell percentages of that to build my war chest for things that actually hit my bottom line. The "moonshot" has for all intents and purposes been achieved based on the…
Re: Microsoft and OpenAI end their exclusive and revenue-sharing deal
#227Earlier quoted context omitted.
I think MS wants OpenAI to fail so it can absorb it
MS put 10B for 50% if I remember correctly. OpenAI is worth many multiples of that.
Re: Microsoft and OpenAI end their exclusive and revenue-sharing deal
#228OpenAI has public models that are pretty 'meh', better than Grok and China, but worse than Google and Anthropic. They still cost a ton to run because OpenAI offers them for free/at a loss.
However, these people are giving away their data, and Microsoft knows that data is going to be worthwhile. They just dont want to pay for the electricity for it.
Re: Microsoft and OpenAI end their exclusive and revenue-sharing deal
#229Earlier quoted context omitted.
They redefined AGI to be an economical thing, so they can continue making up their stories. All that talk is really just business, no real science in the room there.
> They redefined AGI to be an economical thing Huh. Source? I mean, typical OpenAI bullshit, but would love to know how they defined it.
"OpenAI has only achieved AGI when it develops AI systems that can generate at least $100 billion in profits."
Given that the definition of AGI is beyond meaningless, it is clear that the "I" in AGI stands for IPO.
[0] https://finance.yahoo.com/news/microsoft-openai-financial-de...
Re: Microsoft and OpenAI end their exclusive and revenue-sharing deal
#230It’s insane how they talk about AGI, like it was some scientifically qualifiable thing that is certain to happen any time now. When I have become the javelin Olympic Champion, I will buy a vegan ice cream to everyone with a HN account.
We were supposed to have AGI last summer. Obviously it is so smart that it has decided to pull a veil over our eyes and live amongst us undetected (this is a joke, if you feel your LLM is sentient, talk to a doctor)