Link without Paywall
Wasn’t there an article a couple of days ago that they were giving up on going for-profit and will remain non-profit?
OpenAI negotiates with Microsoft to unlock new funding and future IPO
Submitted 5 days ago by MCasq_qsaCJ_234@lemmy.zip to technology@lemmy.world
https://www.ft.com/content/8d9e5149-7e4f-4886-a035-9d200204972a
Comments
SW42@lemmy.world 4 days ago
MCasq_qsaCJ_234@lemmy.zip 4 days ago
Yes, but now I would try to be a PCB and being this type of company does not prevent going public, for example, this Planet Labs PBC is listed on the stock exchange.
SoftestSapphic@lemmy.world 3 days ago
Nothing will meaningfully improve until the rich fear for their lives
venusaur@lemmy.world 4 days ago
Honestly can’t wait for this IPO. I’ll take all your downvotes.
Alphane_Moon@lemmy.world 4 days ago
Are you insider? Or why exactly are you waiting for their IPO?
venusaur@lemmy.world 4 days ago
What do you mean insider? Just been waiting to invest.
nucleative@lemmy.world 4 days ago
A lot of their staff will be finished with needing to make any money ever again in their lives if they IPO.
But that will also throw OpenAI into the public sphere of needing to make money quarter after quarter forever, which inevitably leads to them sucking and no longer being innovative. Actually OpenAI is already teetering on this already as others are catching up. Sam and other top guys will leave because they hate people telling them what to do and don’t need it.
Facebook and Deepseek are literally giving it away for free now to kill the competition and in some areas other competitors are producing better products already.
It’s a weird space. I used to think we were on the verge of entering a whole new era of technology but now I think it’s going to be muted. Perhaps AI (as we know it now) eased some tasks and eliminated some BS stuff that used to waste our time, but we’ve not yet completely eliminated most professional jobs - if anything I think we just added more for them to learn and do to remain competitive.
futatorius@lemm.ee 1 day ago
There are surprisingly few customer-facing tasks that don’t require accuracy and truthfulness. LLM-style AI cannot guarantee either. So the only AI-enshittification options that are really available are at organizations who don’t give a shit about their customers (e.g., Republican-led governments), fraudsters, or the replacement of humans in doing unimportant tasks (which a sensible business would just stop doing altogether).
venusaur@lemmy.world 3 days ago
People will cash out for sure. Maybe they’ll just jump ship and start another company. I guess that makes sense.
I have to disagree that other GPT’s are anywhere near the newest ChatGPT models.
I do agree AI is not the workforce eliminator that everybody on Lemmy is pissing their pants about.
supersquirrel@sopuli.xyz 4 days ago
It’s a weird space. I used to think we were on the verge of entering a whole new era of technology but now I think it’s going to be muted. Perhaps AI (as we know it now) eased some tasks and eliminated some BS stuff that used to waste our time, but we’ve not yet completely eliminated most professional jobs - if anything I think we just added more for them to learn and do to remain competitive.
How could anyone have predicted this outcome!?
IsaamoonKHGDT_6143@lemmy.zip 4 days ago
Do you think OpenAI will break IPO records?
futatorius@lemm.ee 1 day ago
Ask ChatGPT.
venusaur@lemmy.world 4 days ago
Not saying anything about records. I think it’ll be a solid stock until the bubble, but they have first to market advantage. I think it’ll be a good long term investment. You think otherwise?
Alphane_Moon@lemmy.world 4 days ago
I don’t get all these discussions about “charitable purpose” and so on. It’s pretty clear that this is oligarch run institutions and the individuals involved are likely incapable of understanding the concept of “charitable purpose”.