It isn’t racist enough, so he has to take over and train it on nazi propaganda.
I wonder why his offer wasn’t 69.420 billion?
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.
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.But they aren’t required to sell though.
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.
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.
Isn’t this what he did with Twitter and the courts forced him to honor the offer?
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.
and the US presidency for 290 million.
So, about a dollar per American.
That’s on par with the fundraising goal for my kid’s elementary school. About a dollar per person in the district.
Totally different situation though, since these suckers at the school are going to spend it on a bunch of kids who haven’t even labored in the mines for it.
Everyone should’ve chipped in with a dollar and you’d have your own country! /s
But that’s socialism.
I wonder if that’d work. Do a crowdfunding for certain legislation, and pay it out to whoever votes for it (with a bonus for whoever first proposes the legislation). Dystopian as fuck, but perhaps worth an experiment.
Less. Our population is something like 330m now I think.
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.
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.
Yep, seems legit, eh? 🤣
He offered to buy it with someone else’s money and take the credit
I’ve never understood how you can take out a loan to buy a company, turn around and place all that debt on the company you just bought, and have no personal ramifications when the company goes belly up because the debt load is too high.
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.
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.
Pretty much what I use my locally hosted LLM for. Might not be as good as ChatGPT but I don’t really care.
Regular users can use Gemini, Deepseek, Meta AI, and there will probably be many more services in the future.
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.
Deepseek only has censorship on their hosted site… if you run the open source model on your own hardware it doesn’t seem to censor
I asked the locally-hosted version about Tienanmen Square and it gave an accurate description, but the wording was a bit sympathetic to the CCP. It was like “according to some people, this is what happened, but the government contests this.”
Honestly that’s probably just the data it’s been trained on, rather than explicit instructions to censor the incident.
Makes sense that a Chinese AI would be trained on more Chinese sources than a western AI.
Chatgpt is also censored.
Oh, I forgot about Claude. Last time I tried it, it seemed on par or even better that ChatGPT-4o (but was missing features like browsing).
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.
How to become a millionaire: Start with 97.4 Billion.
YES!
Finally a way to destroy the AI hype.
Maybe the man is good for something besides wasting oxygen after all.
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.
Lol does he even have the money/stocks/bank friends to buy at that price?
Is he going to buy a “founder” clause in the contract?
Well this time he actually is one of the founders. He invested 45 million to launch OpenAI and he was co-chair with Altman
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.
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.
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.
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.
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.
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.
B Type corps have a fair number of investors, looking to invest. A lot of investors look for socially conscious investments.
Where is the “hide Musk/DOGE/Trump related posts” button ?
EDIT : Found it ! (Damn, Lemmy is awesome 😊)
I don’t see this option sadly, only block instance/community/user. Would love to block Trump/Musks fucking faces from my life.
Bro, I think you just wiped out your entire front page.
They’re also hiding their head in the sand, which might be a bigger issue.
There are two sides to this. There’s yours, and then there is self-care and self-protection. Being constantly bombarded with this shit, these issues, problems and the world going down hill while you as an individual can’t even begin to influence or have any kind of impact on them can and will wreck your mental health.
In the end it needs balance. Don’t stick your head in the sand, but also don’t drown in the never ending despair that is the flood of bad news in modern media.
When it’s actual news, I’ll hear about it regardless.
I’m not going to perseverate over every headline, I have a life to live. The media is actively trying to piss us off, they’ll skew and distort and all but fabricate to keep us angry and engaged.
I’m not doing it. I can’t recall a single time in my life that keeping up to date up to the hour has actually improved anything for me. Sitting around just knowing stuff is happening isn’t going to change my life for the better.
I live in a safe republican state and a leans Republican district. I could send a letter to my senator, call my representative, spend hours of my time just worried about something, and still, they’ll vote how the party wants them to. Being informed and doing the things I’m supposed to do won’t change anything.
But being good to your neighbors and doing direct action like volunteering will make a huge difference, and you don’t need the news for that!
I’m still reading the old school press and listening to the radio. I’m just not on lemmy to read about it AGAIN… On top of that, it’s mostly absurd and inaplicable announcements. They crave attention so much, it’s painful to listen. Look at Musk’s video gaming scheme. Just pathetic…
Not sure FlyingSquid is aware of life outside Lemmy. They’re addicted to the lotus flowers here.
Ok, that’s fair. It is very hard to tell these days who is paying attention but overwhelmed and who is saying “this is all bad news, so I’m going to ignore it because I don’t like hearing about bad things.” The latter is the dangerous attitude. I’m glad it isn’t yours, but unfortunately Lemmy is not free of it.
It’s not “because I don’t like hearing about bad things” but rather “I am focusing on what I can control instead of what I cannot control”.
It’s a strategic move to maximize the good you can do for yourself and your immediate environment instead of dwelling on all the bad things happening to each one of the 8 billion people
Yeah, I’m pretty much done with Lemmy right now. It’s just getting way too much. The sky is falling every five minutes.
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.
deleted by creator
Yes, specially 600 billion of federal funding
I’d take $5M of government funding and make similar progress. Yo DOGE, call me.
I thought this was because he’s still pissy they cut him out, but I guess his reasons can be multifaceted
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
i think this is old spice admitting that xAI is total bullshit
Well, to be 100% fair, it’s all total bullshit.
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.
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
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?
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.
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.
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
Lol is that even a thing? xAI? I’ve never heard of it, and I self host AI’s, and explore them often.
It’s real. https://en.wikipedia.org/wiki/XAI_(company)
Genius mastermind shadow president plan:
- Buy company A for shit ton of money
- Ruin company A so it is worth 80% less
- Still have shit ton of money
- Repeat with company B
Unfortunately, looks like buying Twitter was a very effective choice if you take profit off the priority list
I mean, yeah. That was the entire point of him buying it: to control one of the biggest social media networks ever, and to use that to push and pull the public discourse however he wanted, in the interest of being a kingmaker. And it fucking worked.
and sadly, the amount of people who use chatgpt to try and get factual information, is quite high… which makes this even more terrifying. It’s about systematically gaining control of communication and information.
I’ve had people on Reddit and Lemmy dispute my comments by citing ChatGPT… AI is a really innovative wrench that people are using as a hammer.
I also blame the AI companies for pushing that usage. It doesn’t matter how many tiny disclaimers Google and Microsoft add when they return AI answers to queries by default.
There’s tons of alternatives out there now that are as good or better.
If he gets it then clearly it will be the Confederate States ChatGPT.
There’s tons of alternatives out there now that are as good or better.
Do you mean LLM’s or other means to get factual info?
It seems to me that LLM’s are not a very good way to get factual information due to limitations of the technology (models try to write as plausible text as possible, not as factually correct as possible) Yet using search engines is a pain due to how many ChatGPT-generated SEO optimized websites are there, which are written not by experts in their fields, but random copywriters. I really have no idea where to get truth about anything at this point.
There’s tons of alternatives out there now that are as good or better.
Are they as popular, or the default use. How many “alternatives” are actually just piping through chatgpt.
Controlling information means getting control of the defaults, the ones people are used to using.
Even if you don’t take profit off the list, it could well be that he had more financial success in these other companies because he uses twitter as promotion and propaganda platform…
Buy a company mostly with other people’s money (he paid ~15B of the 44B offer) lose a lot, 70% or more but use it to win an election and gain 200B in profit.
Musk is a salesman and he’s good at getting investors to get behind his crap. He’s never produced actual value but that doesn’t matter to stock values apparently.
Tesla investors are starting to care, it seems.
Ruin company A so it is worth 80% less
Ruin country USA so it is worth 80% less.
It’ll work this time. He just has to be even shittier about it. /s
In order to ruin it like Twitter?
This kind of thing is why it’s short-sighted even for the other tech guys to cozy up to Trump. There’s no room for anyone other than Musk and he is just going to use his leverage with Trump to screw over the other billionaires as well.
Anyone cozying up to Trump is announcing they have skeletons in their closet and he has the dirt.
