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OpenAI Is Preparing to File for an IPO Soon

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Re: OpenAI Is Preparing to File for an IPO Soon

#331

Post by lpcvoid »

Danox wrote: post #307
lpcvoid wrote: post #209

Earlier quoted context omitted.

All of the mentioned will dump their overhyped and overvalued trash onto retail investors which are forced to buy it due to it being part of the NASDAQ. It will tank in value afterwards due to public scrutiny revealing thr fiscal unprofitability. Retirement funds will be ripped apart, trust in the financial system will evaporate, people will be left holding the bag on a scale that makes Lehman brothers seem like a tr…

They (everyone) are not forced to buy it. They’re buying it on the hype. Tesla for example is done worldwide aside from the USA, but it still has a cult and hype behind it, if you are a smart early investor, you have already sold all your shares in Tesla and moved on because they will never be as big as they were five years ago. Tesla’s done BYD has seen to that. Many investors haven’t figured that out yet but they w…

>They (everyone) are not forced to buy it. They’re buying it on the hype.

I think you may not understand the problem. As noted, unmanaged/passive index funds invest using market capitalization as a metric. And anybody who is invested in these ETFs thus unknowingly buy into these astronomically overhyped companies, and once these company valuations fall (and they will), pension funds/IRAs/401k will be the bagholders.

Re: OpenAI Is Preparing to File for an IPO Soon

#332

Post by tootie »

cultofmetatron wrote: post #257
wg0 wrote: post #99

If you're an investor you should try Deepseekv4 before you put your hard earned money in this gambling spree. Context - Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. "Thank you for your attention to this matter"

> Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. good luck getting a machine that can run its specs though. Even flash is goign to require ponying up 5-10 grand to run the minimal specs for it. The vast majority of people will find their machine falls behind as tech progresses long before they get a return on that investment. That said,…

Can I rent space in Colossus2?

Re: OpenAI Is Preparing to File for an IPO Soon

#333

Post by marcosdumay »

roysting wrote: post #193
psb5 wrote: post #109

Earlier quoted context omitted.

All that is a side show. What would you have done with the cash if you were right? Thats always the real story. My Aunt runs an accounting firm and is constantly moaning about the number of people who have over accumulated cash from IPOs and have no clue what to do with it all.

We love in a kind of bizarro world where the “capitalists” have printed so much money that they’re wildly inefficient in allocation of resources, as evident by all the excess cash sloshing around; while the “communists” of China and to some degree Russia and the BRICS in general are widely efficient in allocation of resources, as evident by the creativity and innovation and advancements they’ve made in very short ord…

Well, China's efficiency seems to come mostly from the government enforcing competition between companies by several mechanisms, and creating some "free entrepreneurship" areas where they allow people to start companies with almost no strings attached.

And I don't see what you are seeing on the rest of BRICS.

Re: OpenAI Is Preparing to File for an IPO Soon

#334

Post by zozbot234 »

cultofmetatron wrote: post #257
wg0 wrote: post #99

If you're an investor you should try Deepseekv4 before you put your hard earned money in this gambling spree. Context - Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. "Thank you for your attention to this matter"

> Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. good luck getting a machine that can run its specs though. Even flash is goign to require ponying up 5-10 grand to run the minimal specs for it. The vast majority of people will find their machine falls behind as tech progresses long before they get a return on that investment. That said,…

> good luck getting a machine that can run its specs though.

That's any machine that can physically host the weights and context. You'd need a highly-specced machine for better performance and throughput, but it's not a requirement as far as literally executing the model and getting output.

Re: OpenAI Is Preparing to File for an IPO Soon

#335

Post by zozbot234 »

Bnjoroge wrote: post #312
cultofmetatron wrote: post #257

Earlier quoted context omitted.

> Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. good luck getting a machine that can run its specs though. Even flash is goign to require ponying up 5-10 grand to run the minimal specs for it. The vast majority of people will find their machine falls behind as tech progresses long before they get a return on that investment. That said,…

You only need about a mac w 96GB or 128gb to run deepseek v4flash with ds4( https://github.com/antirez/ds4 ). Works mostly well

That's only antirez's 2-bit version though. The real version of DeepSeek V4 Flash will be slow on that machine.

Re: OpenAI Is Preparing to File for an IPO Soon

#336

Post by marcosdumay »

killerstorm wrote: post #318
sandeepkd wrote: post #71

Looks like there is only limited money in the market and there is a race to get it first. Wonder if the free market concept should move the prices down in such a scenario?

That's not how money works. It's not an asset which is subject to conservation of matter like gold. Banks make money by giving out loans is a meme, but it's actually true here. You kind of need collateral to do that, but a stock of a company which has revenue is a perfectly cromulent collateral even by strict standards. It's not even some infinite money glitch - it's kinda how the whole system is supposed to work. Th…

There are regulations that mostly forbid stock movements from creating new money. The money available for an IPO is pretty much finite and independent of those companies' actions.

Re: OpenAI Is Preparing to File for an IPO Soon

#337

Post by zozbot234 »

skybrian wrote: post #326
utopiah wrote: post #297

Earlier quoted context omitted.

> free market concept should move the prices down Kind of a radical idea. I did read about that in economy books way back when at uni... but I don't think it's really happening actual. At least my walled doesn't seem to get it. PS: it's a joke, free market works when there is competition. VCs are making damn sure it's just enough monopolies that they get wealthier while consumers themselves get milked. Without antitr…

Prices do go down for electronics: https://ourworldindata.org/grapher/price-changes-consumer-go...

That was then and this is now. RAM and storage prices are through the roof, effectively erasing the price drops of the latest 15 years or so.

Re: OpenAI Is Preparing to File for an IPO Soon

#338

Post by coliveira »

sentientslug wrote: post #86
coliveira wrote: post #79

Earlier quoted context omitted.

ETFs are a trap. Put most of your money in single stocks. It is ok to diversify, you don't need an ETF for this.

This is terrible advice, are you buying and self balancing hundreds of different stocks?

What is the problem? If you buys a SP500 ETF you're effectively buying 500 stocks. You don't need that much, but if that is your wish it is still better than using ETFs.

Re: OpenAI Is Preparing to File for an IPO Soon

#339

Post by twobitshifter »

ismailmaj wrote: post #275
0xDEAFBEAD wrote: post #211

Earlier quoted context omitted.

I still think NVIDIA is a bad bet--where is their moat in the long term? Doesn't the sort of work NVIDIA engineers do look vulnerable to AI-assisted automation? NVIDIA engineers code against a well-defined test suite/specification, right?

Their moat is cuda and cuda libraries and everything built on top. When a new architecture drops, it's always PyTorch running on CUDA, other PyTorch backends are best effort, even if they reach feature parity, many industry power users went closer to the metal to squeeze performance and that stuff is too specific to Nvidia stuff. if there is something that will beat Nvidia, it won't be something reaching feature pari…

At some point there will be models that are ‘good enough’ and run on chinese chips, mobile processors, and run of the mill chips from Apple. Whether this is a one bit ternary model, innovations to limit the size of the context, or something else it is coming. The balance has already shifted to making these systems less resource intensive which is a clear need based on the enormous data center cost.

Re: OpenAI Is Preparing to File for an IPO Soon

#340

Post by coliveira »

marcyb5st wrote: post #163
conception wrote: post #118

Earlier quoted context omitted.

I can’t say I’ve tried this but the thought just came to me that generating such trades would be trivial to do monthly now.

In some countries (like Switzerland) you don't have any capital gain tax __unless_ you are a professional investor. What makes you a professional investor? One of the things that can elevate you to that status is the amount of trades you make. So I am sure this is not viable for many people as buying an ETF counts like 1 trade, but investing the same money in the underlying assets count like 10s of trades.

Unless you have huge amount of money to play, there is no need to buy dozens of stocks every month. If you already have a portfolio of several stocks, you can buy just one or two every month and increase your portfolio. If you are just starting, you can buy a few more, or decide to start just with the most boring and safe stocks like coca-cola or IBM.
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