101–110 of 1001 posts
It's pretty colorful language, but my mind immediately jumps to "financial terrorist". He's using his enormous amount of wealth and influence as a weapon to bludgeon anyone and anything in his way.
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Considering musks history, its also possible he doesn't actually want the deal and is doing it for other reasons. While I think the purchase of Twitter was ultimately in his favor, he definitely had buyers remorse back then.
https://www.cnbc.com/2025/02/07/softbank-set-to-invest-40-bi... By sending the message that he wants to buy at 97B, he could imply that 260B is clearly exaggerated and create fear for these investors.
Edit: I love the edit, it's very straightforward now!
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I only call it Twitter because I’m not gonna say “X” it just sounds stupid.
It seems like everyone calling it x.com would allow people to use the name without having to know the history or be confused by just calling something X. Kind of how pets.com was always called pets.com, because just calling something "pets" would be confusing.
OpenAI is not worth more than 9.74 billion, considering their moat is steadily shrinking and their models aren't even open. Even if OpenAI produces their chips via TSMC, it means that at least AMD can do the same, if not anyone else with just 100 million to spend.
OpenAI is the 6th most popular website in the world and if someone's going to kill Google, it's them. If they IPO'd today, they'd easily be worth hundreds of billions if not more.
Anyone with enough hardware can run the model and run a competing service for less.
Many companies currently using OpenAI are considering alternative cheaper and better options.
The OpenAI moat has been filled in.
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Do you really think Musk actually does anything of value?
He's keeping TSLA's stock price afloat with endless bluster. That's worth probably 500 billion on its own.
> Elon's offer to purchase the OpenAI nonprofit for $97.4billion isn't going to happen, but it may seriously complicate OpenAI's efforts to claim the nonprofit is fairly valued at $40billion. If you won't sell it for $97.4billion, that means you think it's worth more than that. https://x.com/KelseyTuoc/status/1889064215710941594
Given musk’s history (“funding secured” to take Tesla private; trying to back out of buying twitter), OpenAI can make a reasonable case that he’s full of shit and it’s not a real offer.
Earlier quoted context omitted.
Considering musks history, its also possible he doesn't actually want the deal and is doing it for other reasons. While I think the purchase of Twitter was ultimately in his favor, he definitely had buyers remorse back then.
https://www.cnbc.com/2025/02/07/softbank-set-to-invest-40-bi... By sending the message that he wants to buy at 97B, he could imply that 260B is clearly exaggerated and create fear for these investors.
Hey Sam, I'll buy it for tree-fiddy, good luck getting anyone to invest at a bigger valuation now!
I hope we will not see consolidation in this space but instead many competing services. I want a future where I will pay my AI money to someone else than the current set of billionaires.