Musk-led group makes $97B bid for control of OpenAI • Hacker News Board

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

#71

Post by [deleted] » Mon, Feb 10, 2025, 9:43 PM UTC

minimaxir wrote: post #61

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 ?

Elon's response: https://x.com/elonmusk/status/1889062013109703009 > Swindler In another tweet chain: https://x.com/elonmusk/status/1889063777792069911 > Scam Altman

[deleted]

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

#72

Post by typs » Mon, Feb 10, 2025, 9:43 PM UTC

Notably a steep discount from their recent raise at a 157B. The board would never approve.

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

#73

Post by wilg » Mon, Feb 10, 2025, 9:43 PM UTC

stronglikedan wrote: post #32

wilg wrote: post #25

Earlier quoted context omitted.

he's certainly becoming a single point of failure

really? I'm curious to know what he's failed at. Seems like he's making all the right moves lately.

what? he's making terrible moves. violating the consitution, mainly. illegally hacking and slashing the federal government without any idea what he's doing, what he's cutting, providing any clear or sensible or accurate reason why, supporting and echoing nazis and white nationalists. i mean he's now the #2 villain to the half of the country with a moral compass. i miss when it was fun to talk about how cool a tesla was and how cool spacex is and now its just miserable to be associated with this guy.

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

#74

Post by senordevnyc » Mon, Feb 10, 2025, 9:44 PM UTC

sofixa wrote: post #56

averageRoyalty wrote: post #34

With first mover advantage disappearing for OpenAI and very good alternatives appearing, one wonders how long they can sustain a multi billion dollar per year loss[0]. The launch of ChatGPT was earth shaking, but what have they done since that impacts or excites the average consumer? Does their revenue even come from the average consumer, or primarily from API users that will lift and shift to a viable competitor? I…

According to this analysis from a few months back: https://www.wheresyoured.at/oai-business/ OpenAI are kind of fundamentally unsustainable as a business.

Before I read this 32-minute long article, who is Edward Zitron and why should I care about his opinion or analysis?

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

#75

Post by abtinf » Mon, Feb 10, 2025, 9:45 PM UTC

mrtksn wrote: post #49

righthand wrote: post #37

Earlier quoted context omitted.

If he died tomorrow nothing would change. Sam Altman would just rush in to be the next money playboy with idiosyncrasies.

[flagged]

> It's actually pretty cool to have everything concentrated, makes it solvable in a single shot.

This kind of language has no place in civil society.

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

#76

Post by dmonitor » Mon, Feb 10, 2025, 9:45 PM UTC

bpodgursky wrote: post #68

> 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

That's a bad analysis. There's clearly non-market forces at play for why Sam Altman doesn't want to give control to a group associated with Elon.

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

#77

Post by manav » Mon, Feb 10, 2025, 9:45 PM UTC

Considering Musk's power and the shrinking moat of OpenAI you would think he would be create something better with government support - or as some new department.

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

#78

Post by typs » Mon, Feb 10, 2025, 9:45 PM UTC

averageRoyalty wrote: post #34

With first mover advantage disappearing for OpenAI and very good alternatives appearing, one wonders how long they can sustain a multi billion dollar per year loss[0]. The launch of ChatGPT was earth shaking, but what have they done since that impacts or excites the average consumer? Does their revenue even come from the average consumer, or primarily from API users that will lift and shift to a viable competitor? I…

ChatGPT is an extremely successful consumer product. Looking at Search traffic alone indicates they clearly have large brand value. Usage doesn't just depend on just benchmarks for most consumers.

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

#79

Post by rkagerer » Mon, Feb 10, 2025, 9:45 PM UTC

https://archive.ph/YcoV2

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

#80

Post by Hikikomori » Mon, Feb 10, 2025, 9:45 PM UTC

minimaxir wrote: post #61

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 ?

Elon's response: https://x.com/elonmusk/status/1889062013109703009 > Swindler In another tweet chain: https://x.com/elonmusk/status/1889063777792069911 > Scam Altman

Such a child