It isn’t racist enough, so he has to take over and train it on nazi propaganda.

  • adarza@lemmy.ca
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    10 days ago

    not even one-third of the valuation openai thinks they’re worth (up to 340b). and still below what investors thought in 2022 (157b). src

    i think this is old spice admitting that xAI is total bullshit and he’s giving up on making his own.

    • NOT_RICK@lemmy.world
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      10 days ago

      I thought this was because he’s still pissy they cut him out, but I guess his reasons can be multifaceted

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      10 days ago

      Maybe below what investors or OpenAI thinks, but I think I’d take it. Unless they’ve got more secrets up their sleeve I don’t seem them ever being worth that much.

    • maplebar@lemmy.world
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      i think this is old spice admitting that xAI is total bullshit

      Well, to be 100% fair, it’s all total bullshit.

      • zecg@lemmy.world
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        9 days ago

        I use a 16b reduction of deepseek-r1 on my pc at home and it’s definitely not total bullshit. It’s 10gb of local model that can solve mathematics and physics problems for you or program in python or bash. It doesn’t hallucinate (or I haven’t been able to elicit it), it’s aware of the extents of its knowledge. It works incredibly fast on an old ryzen 1600 with 6600xt. Having an open source reasoning AI that takes 10gb of SSD and about 13 gb of ram is so weird that the only thing weirder is seeing smart people dismiss it as bullshit out of hand.

        • snf@lemmy.world
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          9 days ago

          an open source reasoning AI

          It’s still an LLM right? I’m going to have to take issue with your use of the word ‘reasoning’ here

          • zecg@lemmy.world
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            9 days ago

            OK, it just spits predicted tokens, but in answer to what you asked and sensitive to the context you provided and its predictions are arranged such that when you decode them into language they present evidence or arguments used in thinking or argumentation. It also forms conclusions, inferences and produces results to problems, if you allow me to recycle from a dictionary definition of “reasoning”. It’s not perfect and obviously you can’t cram a huge amount into a 16b distillation and it certainly can get things wrong, but you have to squint to not see reasoning when you ask it to guesstimate something or solve a mathematical problem. It is an LLM but there’s reasoning coming out?

            • snf@lemmy.world
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              8 days ago

              Yeah I see what you mean. There’s a decent argument to be made that something like reasoning appears as an emergent property in this kind of system, I’ll admit. Still, the fact that fundamentally the code works as a prediction engine rules out any sort of real cognition, even if it makes an impressive simulacrum. There’s just no ability to invent, no true novelty, which – to my mind at least – is the hallmark of actual reasoning.

    • Wooki@lemmy.world
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      9 days ago

      Open-source just turned its value to dog shit, I’d say the offer is far above its value.

      With how twitters value has gone since he bought it, I’d say he is pretty bad at this

    • parody@lemmings.world
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      10 days ago

      How stupid is this conspiracy theory:

      If it were a threat, like “this is what you’re gonna be worth if you don’t accept, anyway” depending on how power drunk he was feeling when hitting Tweet

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    10 days ago

    Elon’s $97.4B hostile takeover bid for OpenAI is less about “safety” and more about a billionaire’s corporate tantrum. The offer reeks of desperation—a laughable lowball for a company valued at $340B, dressed as altruism.

    Altman’s clapback—“buy Twitter for $9.74B”—is the perfect middle finger to Musk’s flailing empire. Remember when X became a $44B dumpster fire? Now he wants to drag OpenAI into his orbit of mismanaged toys.

    This feud isn’t about AI ethics—it’s two tech oligarchs weaponizing legal battles and PR stunts. Musk’s “open-source” crusade is safety theater while his own xAI hoards code. The only winner here? Lawyers billing hourly as the world burns.

    • boramalper@lemmy.world
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      9 days ago

      To be clear (and as far as I understand), it’s not a hostile takeover bid because it cannot be: OpenAI is not a public company and thus doesn’t have a fiduciary duty to thousands to millions of shareholders but instead to a handful of big investors who can decide for themselves whether they want that Elon’s money or not. So this isn’t similar to what Twitter had been through but more like Elon teasing Altman I believe.

      • meowmeowbeanz@sh.itjust.works
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        9 days ago

        The distinction you’re making is valid but misses the forest for the trees. Whether OpenAI is public or not, Musk’s bid is a textbook power play, not a genuine offer. The lack of fiduciary duty doesn’t erase the intent—it amplifies it. This isn’t about shareholder obligations; it’s about Musk leveraging his wealth to reshape AI governance in his image.

        Comparing this to Altman’s jab at Twitter isn’t apples-to-apples. Altman’s point was rhetorical, highlighting Musk’s track record of overpromising and underdelivering. The “open-source” crusade Musk touts is hollow when xAI remains proprietary.

        This isn’t about legality or structure—it’s about influence and control. Dressing it up as altruism insults anyone paying attention.

        • boramalper@lemmy.world
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          9 days ago

          I read this on Hacker News, which I found particularly interesting:

          Elon Musk’s bid for OpenAI isn’t about buying it but about disrupting its transition to a for-profit company. OpenAI Inc., the nonprofit, controls OpenAI LP, the capped-profit subsidiary. To convert to a full for-profit entity, OpenAI Inc. must sell its technology and IP to the new company, with regulators determining a fair valuation.

          The rumored SoftBank investment at a $260B valuation relies on this transition, but the current estimated valuation is around $150B. Typically, control premiums in such deals range from 20-30%, putting the expected nonprofit payout at $30B-$40B. However, Musk’s $97B bid for OpenAI Inc.’s assets sets a significantly higher valuation, giving regulators a strong argument that the nonprofit should receive much more.

          If regulators adopt Musk’s benchmark, OpenAI Inc. would end up with a 62% majority stake, making the transition far more complex or even blocking it entirely. Even though OpenAI won’t accept Musk’s offer, the bid’s primary effect is to make the legal and financial process of going for-profit much more difficult. It’s a strategic move designed to frustrate OpenAI’s leadership, particularly Sam Altman, and potentially derail the entire transition.

          • meowmeowbeanz@sh.itjust.works
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            9 days ago

            The Hacker News post you referenced aligns with the broader narrative: Musk’s bid isn’t about acquiring OpenAI but about obstructing its for-profit transition. By setting a high valuation benchmark, he’s complicating regulatory approval and forcing a reassessment of the nonprofit’s stake. This isn’t altruism; it’s a calculated disruption aimed at frustrating Altman and OpenAI’s leadership.

            The bid also underscores Musk’s ongoing feud with Altman, weaponizing financial maneuvers to challenge OpenAI’s trajectory. It’s less about AI ethics or governance and more about power plays and ego clashes.

            While the restructuring may benefit the nonprofit financially in theory, Musk’s interference highlights how these transitions often prioritize control over mission. Dressing this up as concern for AI governance is disingenuous—it’s a chess match between tech oligarchs, with humanity as the board.

      • futatorius@lemm.ee
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        9 days ago

        OpenAI is not a public company and thus doesn’t have a fiduciary duty

        Public companies only have fiduciary duty to their sharehoders to the extent that their corporate charters say that they do. It’s entirely possible to launch a corporation that promises nothing to its shareholders, though it might be difficult to find investors.

        • ubergeek@lemmy.today
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          8 days ago

          B Type corps have a fair number of investors, looking to invest. A lot of investors look for socially conscious investments.

  • Kyrgizion@lemmy.world
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    10 days ago

    Hahah he really hates Altman’s guts. Good. Love to see those two expend their energy on each other rather than on fucking all of us.

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        Musk isnt very good at that. He seems to Godzilla’s his way through one project at a time, while interns clean up behind him.

      • usernamesAreTricky@lemmy.ml
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        Still slows down some of their other goals. Attention and resources aren’t infinite. The more they wear themselves thin on things that don’t matter / have less bad outcomes, the better

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        There is still a finite amount of time per day. Any amount of time spent on this is less they have available for everything else.

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    9 days ago

    He bought Twitter for 44 billion… and the US presidency for 290 million.

    That is the single most dystopian shit I have ever heard. The idea that people and countries are so dirt cheap and companies are orders of magnitude more valuable is a thing that should damn their souls to hell.

    You how bad this is affecting me? I’ve been an atheist and anti-death penality most of my life… Musk has for the past while made me think that the death penalty needs to be applied to people like him (and Israeli war criminals) and not to common crooks and common murderers. He is even making me want a hell to exist so people like him can burn in it.

    • argarath@lemmy.world
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      8 days ago

      Exactly same situation here. Every day I’m wanting to strangle him and all the other nazis and nazi enablers working in this government. An eternity of suffering would be the only way to approach the suffering of thousands of people through their entire lives that he and all these monsters are causing, not just to those living right now but who knows how generations following

      • Phoenicianpirate@lemm.ee
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        7 days ago

        Exactly. It is like Plessy v. Ferguson in 1896. It enshrined segregation as legal and was never over turned. It wouldn’t be until 60+ years before segregation is overturned. That is literally a lifetime. And we all know that it was never really overturned, so it’s effects are still shown.

        Segregation was also expanded in the following decades that robbed black people of opportunities to grow generational wealth, in the wake of the decision and other racist events.

  • andrew_bidlaw@sh.itjust.works
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    10 days ago

    Shortly after the news was announced, Altman posted on X: “no thank you but we will buy twitter for $9.74 billion if you want.”

    If only their slapfight meant something good for the world. At least, I don’t see everything collected in Musk’s hands.

  • Maggoty@lemmy.world
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    9 days ago

    He can afford to pay twice the price of Twitter because he’s using government money. Remember he barely swung the 44 billion for Twitter. Now he’s buying something for more than double that? After putting code into the Treasury department computers to hide transactions?

    Lmao.

    • CheeseNoodle@lemmy.world
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      Pretty sure he’s now functionally the worlds richest man (including oligarchs with a lot of hidden wealth) what with his newly aquired un-supervised access to 6 trillion in US government funds.

  • Phoenixz@lemmy.ca
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    Ah so he’s again going to pay twice the amount of what it’s worth to then run of off a cliff and make it worth 20% of it’s real value within a years time?

    Seriously, why do people still believe anything this scammer says?

    • Goodmorningsunshine@lemmy.world
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      9 days ago

      I mean, they believed everything Trump said because he was “a business man, not a politician” even though all he ever was was a failed business man. These people are functional at best - they ain’t bright.

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    This is corporate trolling. Open AI is trying to go public soon, and Elon did this to fuck with that.

    Massive oversimplification but basically: In the United States, you are required to take the best offer when selling a company, unless you can argue in court that you had reasons not to sell to whomever placed the highest bid. Because of this offer, as open AI attempts to go public, they will have to either to be close to Elon’s bid, forced to sell to him, go to court and fight him ther, or be forced to remain private.

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      I feel like “look at twitter” is probably enough of a defence to decline president musk.
      It would probably need to be wordier for court proceedings.

    • emax_gomax@lemmy.world
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      Lmao, musk is on record as making absurd offers and then trying everything he can to back out of them. I’m not sure why he offered this himself instead of getting a consortium of investors together to do so on his behalf without any involvement from him.

      • L0rdMathias@sh.itjust.works
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        Yes, they could remain private but they are attempting to go public. This action is a legal speedbump that they must now work really hard to maneuver around.

  • RobotZap10000@feddit.nl
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    10 days ago

    But remember, all of his wealth is only potential, not realized! He ackshually can’t afford to make the world a better place!

    • maplebar@lemmy.world
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      The best and most affordable way for Elon Musk to “make the world a better place” would be to drop dead.

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      10 days ago

      I mean an island with no internet connection isn’t that expensive to him

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    9 days ago

    even if openai are assholes, chatgpt is still useful for things as long as you dont put too much trust in it. If that fucker buys it they will turn it into racist shitspewing garbage. Without it, regular people will have no decent or easy way to utilize ai and this new tech will benefit only the rich who will use it to oppress us even worse.

    Stinky isnt an idiot, i wish he was. Anything he buys he can and will use to cause harm to us. So this would be bad for us all.

    • 31337@sh.itjust.works
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      9 days ago

      Regular users can use Gemini, Deepseek, Meta AI, and there will probably be many more services in the future.

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        deepseek has censorship which makes it unreliable. But hopefully someone will fix that since its opensource. So at least there is that. google is garbage in comparison to chatgpt and i havent tried anything meta has produced since i dont want to have anything to do with that filth, so i dont know anything about that one. So maybe there is some hope in long term, if things dont get worse elsewhere.

    • Hackworth@lemmy.world
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      Deepseek took the training of foundation models from a billionaire’s game to a millionaire’s game. If Elon wants an AI monopoly, it’ll have to be done through litigation. Which, ya know, they’re also trying.

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      chatgpt is still useful for things as long as you dont put too much trust in it.

      Yep, its very useful for generating buzzword salad, so I use it for cover letters for job postings.

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        8 days ago

        Pretty much what I use my locally hosted LLM for. Might not be as good as ChatGPT but I don’t really care.

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    9 days ago

    YES!

    Finally a way to destroy the AI hype.

    Maybe the man is good for something besides wasting oxygen after all.

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      8 days ago

      Destroy it?

      Like he destroyed Twitter by turning it into his personal propaganda outlet, maybe.

      It sounds to me like he’s just positioning himself to control an AI tech provider who will conveniently be contracted to replace all the government positions he is trying to eliminate.

  • tonyn@lemmy.ml
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    10 days ago

    OpenAI’s Yahoo! moment. In a decade it’ll be worthless.

    • snekerpimp@lemmy.world
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      10 days ago

      How the fuck would we know? He has access to pretty much everything and has shown absolute contempt for the other branches that can stop him. He could drain social security, and no one would be the wiser till payments stopped.

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        10 days ago

        When you government is made up of limp dick cucks… you don’t know.

        Welcome to 2025 America where nepo babies rule and men with any backbone get fired.

    • DarkCloud@lemmy.world
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      10 days ago

      Interesting that he’s making this offer now, isn’t it. Almost like he’s recently got access to a large sum of money.

    • gravitas_deficiency@sh.itjust.works
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      10 days ago

      I will be shocked if he uses his own money for this. He just got a ton of backdoors into the treasury department, remember? That was just last week.