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Could Musk damage OpenAI even if his $100bn bid for it fails?

⁨74⁩ ⁨likes⁩

Submitted ⁨⁨2⁩ ⁨months⁩ ago⁩ by ⁨Cat@ponder.cat⁩ to ⁨technology@lemmy.world⁩

https://www.bbc.com/news/articles/ce8yl47p4k3o

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  • sexy_peach@feddit.org ⁨2⁩ ⁨months⁩ ago

    He doesn’t need to, they don’t have a business model anyways

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    • Junkernaught@lemmy.dbzer0.com ⁨2⁩ ⁨months⁩ ago

      The business model is pretty clear, put out as much hype as possible, overinflate the stock price, cash out and leave the chumps holding the bag.

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      • MagicShel@lemmy.zip ⁨2⁩ ⁨months⁩ ago

        Whatever their plan is, you just described the one business model they clearly aren’t following by rejecting $100B.

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      • FlowVoid@lemmy.world ⁨2⁩ ⁨months⁩ ago

        I doubt that’s their plan, since they aren’t on the stock market.

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  • simplejack@lemmy.world ⁨2⁩ ⁨months⁩ ago

    The point wasn’t to buy, the point was to fuck with the valuation and suffer zero repercussions.

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