Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

OpenAI raises $110B on $730B pre-money valuation

techcrunch.com

Post reply on HN
Print view View original

201–210 of 620 posts

Re: OpenAI raises $110B on $730B pre-money valuation

#201

Post by toraway »

reducesuffering wrote: post #194
zozbot234 wrote: post #120

Earlier quoted context omitted.

Obligatory reminder that today's so called "AGI" has trouble figuring out whether I should walk or drive to the car wash in order to get my dirty car washed. It has to think through the scenario step by step, whereas any human can instantly grok the right answer.

What are you talking about? OpenAI's ChatGPT free tier (that everyone uses) answers this in the first sentence within a couple seconds. "If your goal is to get your dirty car washed… you should probably drive it to the car wash "

That problem went viral weeks ago so is no longer a valid test. At the time it was consistently tripping up all the SOTA models at least 50% of the time (you also have to use a sample > 1 given huge variation from even the exact same wording for each attempt).

The large hosted model providers always "fix" these issues as best as they can after they become popular. It's a consistent pattern repeated many times now, benefitting from this exact scenario seemingly "debunking" it well after the fact. Often the original behavior can be replicated after finding sufficient distance of modified wording/numbers/etc from the original prompt.

Re: OpenAI raises $110B on $730B pre-money valuation

#202

Post by tempodox »

rand846633 wrote: post #26
hedora wrote: post #15

Earlier quoted context omitted.

Normally, there's at least a locked suitcase full of newspapers racking up frequent flier miles...

1,000 metric tons do not fit in a airplane…

1,000 metric tons of hot air is a lot of volume.

Re: OpenAI raises $110B on $730B pre-money valuation

#203

Post by howardYouGood »

zozbot234 wrote: post #116
general_reveal wrote: post #96

Earlier quoted context omitted.

Did it ever occur to you that an entire generation of developers are going to retire in less than 20 years? They are betting that the software industry will be autonomous. Really, think of our industry like AUV phenomena. We’re the drivers that are about to be shown the door, that’s the bet. World will still need software, lots of it. Their valuation is based on an entire developer-less future world (no labor costs).

Even the rise of high-level languages did not lead to a "developer-less future". What it did was improve productivity and make software cheaper by orders of magnitude; but compiler vendors did not benefit all that much from the shift.

[dead]

Re: OpenAI raises $110B on $730B pre-money valuation

#204

Post by lstodd »

baal80spam wrote: post #186
lstodd wrote: post #51

Earlier quoted context omitted.

Freedom from overregulated and antiquated retail banking especially wrt cross-border transfers. I guess it isn't that noticeable from inside US, but the rest of the world is grateful.

> the rest of the world is grateful. Maybe speak for yourself? As part of the rest of the world, I am not grateful.

And I do. Speak, that is.

Re: OpenAI raises $110B on $730B pre-money valuation

#205

Post by tempodox »

rvz wrote: post #64
hedora wrote: post #6

This time, does the $100B actually exist? https://www.inc.com/leila-sheridan/nvidia-is-wavering-on-its... What's the statue of limitations for securities fraud? The current administration won't last forever.

> This time, does the $100B actually exist? Nope. That 100B is in "promises" for over several years in total. They have $15B out of the $50B from Amazon right now. > The current administration won't last forever. This is why OpenAI must IPO and when it does, I won't be surprised that a crash is followed up before 2030. By then, they will "announce" "AGI" (Which actually means an IPO)

> By then, they will "announce" "AGI"

It’s already a joke to call the slop generators “AI”, so giving it another fake name won’t really make much of a difference any more. Nothing short of a miracle will be able to top the “creative marketing” we already have.

Re: OpenAI raises $110B on $730B pre-money valuation

#206

Post by limagnolia »

giancarlostoro wrote: post #68
aurareturn wrote: post #62

HN told me OpenAI was on the verge of collapse.

If nobody invested in OpenAI how long could they keep the lights on? They're not profitable yet, and a lot of the wealth that Sam Altman seems to be making revolves around strange circular deals. By comparison, Anthropic is projected to break even in 2028. Google's Gemini is already profitable.

What source do you have the Gemini is profitable? Are you referring only to the chat app, or to Google'a AI Ventures division? Or including Google Cloud AI related revenue?

Re: OpenAI raises $110B on $730B pre-money valuation

#207

Post by howardYouGood »

well_ackshually wrote: post #193
whatever1 wrote: post #168

Earlier quoted context omitted.

The number is irrelevant. The fact is that work was done and was repaid with work. Money was just the means of the transaction.

work good even if work literally eating shit surely that behavior leads to a good society and doesn't encourage nefarious behaviors

[dead]

Re: OpenAI raises $110B on $730B pre-money valuation

#208

Post by x0x0 »

nerdix wrote: post #140
aurareturn wrote: post #62

HN told me OpenAI was on the verge of collapse.

I don't think they are going to collapse. But it was only a couple of years ago that many people thought OpenAI had a big (some thought insurmountable) lead in a race to dominate a winner take all markee. Some people did correctly state that OpenAI had no moat in those days so credit there where it's due. Now it's looking like a competitive blood bath where ever increasing levels of investment is needed just to main…

A competitive bloodbath plus OpenAI has investment valuing it like it will achieve agi rather than (merely) being a huge advancement in computing, but not a fundamental rewriting of how all work is done.

Re: OpenAI raises $110B on $730B pre-money valuation

#209

Post by reducesuffering »

toraway wrote: post #201
reducesuffering wrote: post #194

Earlier quoted context omitted.

What are you talking about? OpenAI's ChatGPT free tier (that everyone uses) answers this in the first sentence within a couple seconds. "If your goal is to get your dirty car washed… you should probably drive it to the car wash "

That problem went viral weeks ago so is no longer a valid test. At the time it was consistently tripping up all the SOTA models at least 50% of the time (you also have to use a sample > 1 given huge variation from even the exact same wording for each attempt). The large hosted model providers always "fix" these issues as best as they can after they become popular. It's a consistent pattern repeated many times now, be…

I don't understand what occasional hiccups prove. The models can pass college acceptance tests in advanced educational topics better than 99% of the human population, and because they occasionally have a shortcoming, it means they're worse than humans somehow? Those edge cases are quickly going from 1% -> 0.01% too...

"any human can instantly grok the right answer."

When asking a human about general world knowledge, they don't have the generality to give good answers for 90% of it. Even very basic questions humans like this, humans will trip up on many many more than the frontier LLMs.

Re: OpenAI raises $110B on $730B pre-money valuation

#210

Post by waisbrot »

toraway wrote: post #201
reducesuffering wrote: post #194

Earlier quoted context omitted.

What are you talking about? OpenAI's ChatGPT free tier (that everyone uses) answers this in the first sentence within a couple seconds. "If your goal is to get your dirty car washed… you should probably drive it to the car wash "

That problem went viral weeks ago so is no longer a valid test. At the time it was consistently tripping up all the SOTA models at least 50% of the time (you also have to use a sample > 1 given huge variation from even the exact same wording for each attempt). The large hosted model providers always "fix" these issues as best as they can after they become popular. It's a consistent pattern repeated many times now, be…

For example, I just asked ChatGPT "The boat wash is 50 meters down the street. Should I drive, sail, or walk there to get my yacht detailed?" and it recommended walking. I'm sure with a tiny bit more effort, OpenAI could patch it to the point where it's a lot harder to confuse with this specific flavor of problem, but it doesn't alter the overall shape.
Post reply on HN