Musk-led group makes $97B bid for control of OpenAI

Post by SketchySeaBeast » Mon, Feb 10, 2025, 9:18 PM UTC

irs wrote: post #8

Sam’s reply on twitter[0] no thank you but we will buy twitter for $9.74 billion if you want [0] https://x.com/sama/status/1889059531625464090 ?

Post by betaby » Mon, Feb 10, 2025, 9:20 PM UTC

mrtksn wrote: post #10

Isn’t musk becoming a single point of failure risk?

Post by waltercool » Mon, Feb 10, 2025, 9:21 PM UTC

Post by ChrisArchitect » Mon, Feb 10, 2025, 9:22 PM UTC

Post by ffsm8 » Mon, Feb 10, 2025, 9:23 PM UTC

itsoktocry wrote: post #6

rvz wrote: post #3

It's a bit too late for that and it is not enough. The time for such a bid like this was when Sam was was ousted out of OpenAI and in complete state of chaos. Investors already put their money in at around $157B+ and are not willing to take a price cut down to less than $100BN. Unless that is the amount that Sam wants to walk away with, but its isn't even going to be no where near close to enough.

> Investors already put their money in at around $157B+ and are not willing to take a price cut down to less than $100BN. This is for a controlling stake, not outright ownership, isn't it?