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The next chapter of the Microsoft–OpenAI partnership

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471–480 of 496 posts

Re: The next chapter of the Microsoft–OpenAI partnership

#471

Earlier quoted context omitted.

For comparison Blackstone is worth ~$180bn with ~$1 trillion AUM. So somehow this crypto firm and its investor think it can get a better return than Blackstone with a fraction of the assets. Now, sure, developing market and all that. But really? If it scaled to Blackstone assets level of $1 trillion then you’d expect the platform valuation to scale, perhaps not in lockstep but at least somewhat. So with $1 trillion i…

If my mom gives me 1000 dollars for 1% of my lemonade stand, that doesn't mean my stand is worth 100k. Tether is in talks with investors to mayb raise 20b at a 500b valuation. Keep in mind also that crypto investors overvalue companies to create the hype and then lobby for better regulations etc. It doesn't mean at all that someone would be interested to buy 100% of tether for 500b. Now, if they were public is a diff…

What if a stranger who regularly invests and has criteria and terms/conditions and buys 1% of your lemonade stand for $1000.

Re: The next chapter of the Microsoft–OpenAI partnership

#473
Aside from the investor fodder about AGI which was quite funny to read, the part where OpenAI is able to independently pursue consumer hardware is interesting. It points to OpenAI potentially entering wearables space soon - remember they hired Jony Ive?

Re: The next chapter of the Microsoft–OpenAI partnership

#478
post #294

Earlier quoted context omitted.

Overall I'd say the easiest is just overall that the models always just follow what you say and transform it into a response. They won't have personal opinions or experiences or anything, although they can fake it. it's all just a median expected response to whatever you say. And the "agreeability" is not a hallucination, it's simply the path of least resistance, as in, the model can just take information that you sa…

I agree with your points in general but also, when I plugged in the parent comment's nonsense question, both Claude 4.5 Sonnet and GPT-5 asked me what I meant, and pointed out that it made no sense but might be some kind of metaphor, poem, or dream.

What did you plug in?

If it wasn't structured as a coherent conversation, it will ask because it seems off, especially if you're early in the context window where I'm sure they've RLd it to push back, at least in the past year or so

And if it's going against common knowledge or etc which is prevalent in the training data, it will also push back which makes sense

Re: The next chapter of the Microsoft–OpenAI partnership

#479

So now OpenAI is committed to spending $550 billion dollars? ($300B to Oracle and $250B to MS). If it currently has ~$10B in revenue / year, how on earth can it meet these commitments?

They stated the total commitment is 1.4 trillion in their live stream about the restructuring and mentioned an IPO as the most likely path to get that amount of funding.

Re: The next chapter of the Microsoft–OpenAI partnership

#480

Earlier quoted context omitted.

It already has. Any tech company that is pre-IPO and still raising funding rounds is a "startup". I'm surprised there hasn't been someone to come up with a separate term for the stage of these kinds of companies.

That's just a privately owned tech company then. Lots of companies never IPO.

Still, I think there needs to be a specific term for a company that has recently had a funding round and will likely IPO in the future, like Stripe. That's a different category than a start-up or privately owned company that will never IPO like Koch Inc.
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