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Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessElon Musk Leads $97.4 Billion Bid To Take Over OpenAI (12163 Views)

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Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by AlfaSeltzer(m): 2:08pm On Feb 11, 2025
sweet16s:
Whereas Deepseek is 1000% lower
You should go and buy deepseek
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Flamemignon1(m): 2:08pm On Feb 11, 2025
Ebubu2:
Whoever controls the media controls USA politics.

Democrats controlled CNN, Facebook, twitter, Instagram and Co and were winning back to back and imposing she/it on everybody.


Musk is a right wing, family kind of person and wants conservatism back, that's why he wants to control media to force it back on people again. So he has to control the major media sources.
I won't call someone with a history of divorce and continuation of the baby mama game as a fan of the nuclear family and AI isn't a media source
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Elzazzi: 2:12pm On Feb 11, 2025
Judolisco:
Hmmmm omo and jst 50,000 us dollars go change 100 people life for Nigeria.... Haaaaa grin
Elon felt tricked, they all contributed money towards developing the ai and agreed it was going to be free, only for the developers to start charging money for some packages... Make Elon buy am oh...d guy is smart

Seriously money get levels oh... Dis na triple dangote networth oh.... God abeg cry



Wetin be that fat boy name wey dey shout money na water again ?

Wetin Elon go come talk ? Lol
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Omoawoke(m): 2:14pm On Feb 11, 2025
capatainrambo:
Hmmm. The funds involved in this is unreal


Most people don’t realise that Nigeria can int generate this money in 3 yrs.


I get angry when I see apes without brains showing money in videos. Burnaboy go dey smoke weed dy throw money


Mtchew if you can show your money then you re broke ape that should cover his face. Elon will need trucks to show his money even if they re in 1000 dollar bills
The need for validation and the joy in seeing others look at you as a demigod…
It’s all insecurity buried deep down within them
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Cmanforall: 2:25pm On Feb 11, 2025
Kentuforchrist:
Money na water
That's it!
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by faceland: 2:25pm On Feb 11, 2025
capatainrambo:
Hmmm. The funds involved in this is unreal


Most people don’t realise that Nigeria can int generate this money in 3 yrs.


I get angry when I see apes without brains showing money in videos. Burnaboy go dey smoke weed dy throw money


Mtchew if you can show your money then you re broke ape that should cover his face. Elon will need trucks to show his money even if they re in 1000 dollar bills
Elons billions is speculative. What people projects his shares would sell in the future. Even the Twitter he bought, is purely debt. His real asset would be around $50 billion (the other $350b doesn't exist but banks would gladly borrow him based on his companies shares).

Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by tctrills: 2:28pm On Feb 11, 2025
Electorate:
Just imagine Elon Musk playing with our intelligence:

"Musk’s attorney, Marc Toberoff, confirmed that the bid—backed by Musk’s AI startup, xAI, and a consortium of investment firms—aimed to take control of OpenAI and reinstate its founding commitment to serving the public good rather than operating as a for-profit enterprise."

Someone that turned a Twitter that was serving the public good into a for-profit enterprise is now saying he wants to turn an OpenAI from a for-profit enterprise into serving the public good.

ELON MUSK IS A CON MAN, DON'T SELL TO HIM.

Elon Musk is only good at acquiring already established businesses to boost his fortune, the only business he started from scratch TESLA electric cars is currently doing poorly. Elon Musk ain't a selfmade billionaire abeg, He is just an opportunist.

He is currently an American Oligarchy via Donald Trump...watch how he will corner some American industries into his personal estate thanks to puppet Trump.
Where do you get your news from sir. Twitter was always a for profit enterprise.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by capatainrambo: 2:41pm On Feb 11, 2025
faceland:
Elons billions is speculative. What people projects his shares would sell in the future. Even the Twitter he bought, is purely debt. His real asset would be around $50 billion (the other $350b doesn't exist but banks would gladly borrow him based on his companies shares).
he’s worth it it because the banks can borrow him and he can multiply the money. This is why banks will give him. In the true sense this is why he is worth so much. His worth is the ability of his mind.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Bobbynobobby: 2:51pm On Feb 11, 2025
tolugar:
AI is the game changer and the beginning of the doom of mankind.

One day when we are no longer, AI will independently push the button.

It will take advancement beyond the reach and control of human intelligence.

Yes Musk will lay the foundation...


...But, what do I know?
*musk has laid the foundation. Spot on. Because it is recorded that in the end of time, men will be so dependent on the machine, they said it will do everything for them (there's a neo humanoid AI powered robot soon to go commercial already)
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by redcliff: 2:59pm On Feb 11, 2025
capatainrambo:
Hmmm. The funds involved in this is unreal


Most people don’t realise that Nigeria can int generate this money in 3 yrs.


I get angry when I see apes without brains showing money in videos. Burnaboy go dey smoke weed dy throw money


Mtchew if you can show your money then you re broke ape that should cover his face. Elon will need trucks to show his money even if they re in 1000 dollar bills
3 years? Nigeria cannot generate that money in 10years!
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Seunpapa65: 3:05pm On Feb 11, 2025
Lol and they AI company offer to buy X for the same amount 😂😂
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by smokinloud(m): 3:06pm On Feb 11, 2025
epainos:
Elon actually wants Altman on his side, and I have noticed this a long time ago. When OpenAI sacked Altman, Elon was one of the first to assure him of a place to continue his work. Many offers the guy had coupled with threats of wprkers' resignation forced a new board members to take over the company, and Altman was called back.

Elon is planning something huge.

Honestly, AI is everything. Information is everything. Predictive knowledge is everything.

Elon is going to be the most powerful man on earth very soon. The Republicans may change the law to make him the president of the United States.
It'll be against the values of the Republican party. Republican is a Christian party, though atheist like Elon Musk live by Christian principles, it will not be healthy for the GOP to make an atheist like Elon Musk the president.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by epainos: 3:20pm On Feb 11, 2025
smokinloud:
It'll be against the values of the Republican party. Republican is a Christian party, though atheist like Elon Musk live by Christian principles, it will not be healthy for the GOP to make an atheist like Elon Musk the president.
An angle I didn't consider. Thanks for this view. Hmmm
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by smokinloud(m): 3:27pm On Feb 11, 2025
faceland:
Elons billions is speculative. What people projects his shares would sell in the future. Even the Twitter he bought, is purely debt. His real asset would be around $50 billion (the other $350b doesn't exist but banks would gladly borrow him based on his companies shares).
Come on, mate! You can't seriously think Elon Musk's billions are just speculative, can you? I mean, the bloke's got a net worth estimated by Forbes, and they don't just pluck numbers out of thin air. They've got a solid methodology that takes into account his assets, revenue, and all that jazz.

And yeah, okay, he's got a lot of his wealth tied up in Tesla and SpaceX, but that doesn't mean it's all just hot air. Those companies are worth something, and Musk's stake in them is a big part of his net worth.

And as for Twitter, just because he used debt financing to buy it doesn't mean the asset itself is worthless. That's just how corporate finance works, innit? And the fact that banks are willing to lend him money based on his companies' shares just shows they've got faith in his ability to make it work.

So, let's not be daft, mate. Musk's wealth might be tied to the performance of his companies, but that doesn't mean it's all just speculative nonsense. The bloke's got real assets, and his net worth reflects that.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by blowjohn(m): 3:53pm On Feb 11, 2025
Funny thing is.... If Elon musk wants to twice richer.... All it takes is for him to manufacture phones.



Tesla phones.

Everybody got buy am.

But he's not interested yet
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by blowjohn(m): 3:53pm On Feb 11, 2025
smokinloud:
Come on, mate! You can't seriously think Elon Musk's billions are just speculative, can you? I mean, the bloke's got a net worth estimated by Forbes, and they don't just pluck numbers out of thin air. They've got a solid methodology that takes into account his assets, revenue, and all that jazz.

And yeah, okay, he's got a lot of his wealth tied up in Tesla and SpaceX, but that doesn't mean it's all just hot air. Those companies are worth something, and Musk's stake in them is a big part of his net worth.

And as for Twitter, just because he used debt financing to buy it doesn't mean the asset itself is worthless. That's just how corporate finance works, innit? And the fact that banks are willing to lend him money based on his companies' shares just shows they've got faith in his ability to make it work.

So, let's not be daft, mate. Musk's wealth might be tied to the performance of his companies, but that doesn't mean it's all just speculative nonsense. The bloke's got real assets, and his net worth reflects that.
Funny thing is.... If Elon musk wants to twice richer.... All it takes is for him to manufacture phones.



Tesla phones.

Everybody got buy am.

But he's not interested yet
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by DigitB: 3:55pm On Feb 11, 2025
datola:
This man wants to be in control of the world and some outer world!
He wants to give freedom to the world just like he did with twitter.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Lantosed: 4:13pm On Feb 11, 2025
epainos:
Elon actually wants Altman on his side, and I have noticed this a long time ago. When OpenAI sacked Altman, Elon was one of the first to assure him of a place to continue his work. Many offers the guy had coupled with threats of wprkers' resignation forced a new board members to take over the company, and Altman was called back.

Elon is planning something huge.

Honestly, AI is everything. Information is everything. Predictive knowledge is everything.

Elon is going to be the most powerful man on earth very soon. The Republicans may change the law to make him the president of the United States.
Trump already grooming him for the oval office. It's certain Elon wii be PTOUS with him showing interest in politics. It's given already
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by faceland: 4:34pm On Feb 11, 2025
smokinloud:
Come on, mate! You can't seriously think Elon Musk's billions are just speculative, can you? I mean, the bloke's got a net worth estimated by Forbes, and they don't just pluck numbers out of thin air. They've got a solid methodology that takes into account his assets, revenue, and all that jazz.

And yeah, okay, he's got a lot of his wealth tied up in Tesla and SpaceX, but that doesn't mean it's all just hot air. Those companies are worth something, and Musk's stake in them is a big part of his net worth.

And as for Twitter, just because he used debt financing to buy it doesn't mean the asset itself is worthless. That's just how corporate finance works, innit? And the fact that banks are willing to lend him money based on his companies' shares just shows they've got faith in his ability to make it work.

So, let's not be daft, mate. Musk's wealth might be tied to the performance of his companies, but that doesn't mean it's all just speculative nonsense. The bloke's got real assets, and his net worth reflects that.
He does NOT have $400B in raw asset or cash.


Remember there was a time Kanye West was said to be worth $2B he insulted Jews and within 24 hours his net worth was said to be $400m.

Soon after US election Elon gain $200B... You do not believe he sold Tesla's worth 200 billion dollars in one month?

It is speculation based on his 'over hyped shares' and his proximity to Trump.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by ALTERNATEID: 4:37pm On Feb 11, 2025
They better not sell OpenAI to that racist piece of shit.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by faceland: 4:41pm On Feb 11, 2025
ALTERNATEID:
They better not sell OpenAI to that racist piece of shit.
Let them sell it. He would crash the company and China DeepSeek is ready to take their place
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by smokinloud(m): 5:06pm On Feb 11, 2025
faceland:
He does NOT have $400B in raw asset or cash.


Remember there was a time Kanye West was said to be worth $2B he insulted Jews and within 24 hours his net worth was said to be $400m.

Soon after US election Elon gain $200B... You do not believe he sold Tesla's worth 200 billion dollars in one month?

It is speculation based on his 'over hyped shares' and his proximity to Trump.
Come on, mate! You think you're clever, don't you? Trying to school me on how net worth works. Listen, I've got news for you: Kanye West's net worth didn't plummet because he insulted Jews, it was because his business partners and sponsors dropped him like a hot potato! And as for Elon Musk, yeah, his net worth did jump after the US election, but that's because Tesla's shares surged, not because he sold $200 billion worth of Tesla shares in one month! You're not even making sense, mate!.

And another thing, what's with the Trump dig? You think that's relevant? Musk's net worth is based on his assets, investments, and company performance, not on his mate Trump! And by the way, Tesla's shares aren't "overhyped" just because you say so! The market determines their value, not your armchair analysis!

You need to stop reading conspiracy theories online and get a grip on reality, mate! Net worth isn't just some arbitrary number, it's based on real assets, investments, and financial performance. So, either put up or shut up, and stop spouting nonsense!.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by cococandy(f): 5:07pm On Feb 11, 2025
GboyegaD:
The challenge with people like you who follow modern news. Elon Musk like Trump was a core Democrat and only shifted base because they knew what people wanted to hear. Elon Musk's allegiance changed mainly because of his transgendered child and all he is doing is a way of expressing his pain. People like that in my opinion shouldn't be taken serious.
Democrats didn’t make his child transgender though. If you even ask him one democrat policy that forced his child to become trans, he won’t be able to tell you.

He’s simply a dubious opportunistic person who’s using that same unfounded rhetoric about dems and transgenderism to buy the hearts of republicans so that he can get close to the president and take the power for himself. It worked.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by cardoctor(m): 5:34pm On Feb 11, 2025
Make him just kuku buy me.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by GboyegaD(m): 5:39pm On Feb 11, 2025
cococandy:
Democrats didn’t make his child transgender though. If you even ask him one democrat policy that forced his child to become trans, he won’t be able to tell you.

He’s simply a dubious opportunistic person who’s using that same unfounded rhetoric about dems and transgenderism to buy the hearts of republicans so that he can get close to the president and take the power for himself. It worked.
Because he knows the average person just wants to hear things that sounds like his/her beliefs. The way the Nigerian religious fanatics are fawning over Trump.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by cococandy(f): 5:39pm On Feb 11, 2025
GboyegaD:
Because he knows the average person just wants to hear things that sounds like his/her beliefs. The way the Nigerian religious fanatics are fawning over Trump.
Exactly
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by lordwoz: 6:20pm On Feb 11, 2025
blowjohn:
Funny thing is.... If Elon musk wants to twice richer.... All it takes is for him to manufacture phones.



Tesla phones.

Everybody got buy am.

But he's not interested yet
or he does not have the idea
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Adakintroy: 6:24pm On Feb 11, 2025
Next president of the united state.

A successful scientific minded right.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Anonimoux: 6:33pm On Feb 11, 2025
The fear of DeepSeek grin
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by OChimex: 6:35pm On Feb 11, 2025
smokinloud:
Come on, mate! You can't seriously think Elon Musk's billions are just speculative, can you? I mean, the bloke's got a net worth estimated by Forbes, and they don't just pluck numbers out of thin air. They've got a solid methodology that takes into account his assets, revenue, and all that jazz.

And yeah, okay, he's got a lot of his wealth tied up in Tesla and SpaceX, but that doesn't mean it's all just hot air. Those companies are worth something, and Musk's stake in them is a big part of his net worth.

And as for Twitter, just because he used debt financing to buy it doesn't mean the asset itself is worthless. That's just how corporate finance works, innit? And the fact that banks are willing to lend him money based on his companies' shares just shows they've got faith in his ability to make it work.

So, let's not be daft, mate. Musk's wealth might be tied to the performance of his companies, but that doesn't mean it's all just speculative nonsense. The bloke's got real assets, and his net worth reflects that.
You are right.. Tesla and space x are trillion dollars worth of companies. His net worth is based of the number of shares he owns in those companies
Just like Warren buffet has kept selling his shares and holding those money raw cash over 200 billion.
If Elon decides to sell his shares, he will have over $400 billion in raw cash.
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by phemmyfour: 6:52pm On Feb 11, 2025
abis123:
A group of investors led by tech billionaire Elon Musk is offering $97.4 billion to take over OpenAI.

Musk’s attorney, Marc Toberoff, confirmed that the bid—backed by Musk’s AI startup, xAI, and a consortium of investment firms—aimed to take control of OpenAI and reinstate its founding commitment to serving the public good rather than operating as a for-profit enterprise.

OpenAI CEO Sam Altman dismissed the offer in a pointed response on Musk’s social platform X, stating: https://x.com/sama/status/1889059531625464090?t=k5dOmXWBVs2A2fn5xuy05g&s=19[/quote]He will not succeed. He will destroy it
Re: Elon Musk Leads $97.4 Billion Bid To Take Over OpenAI by Blakjewelry(m): 6:56pm On Feb 11, 2025
Judolisco:
Hmmmm omo and jst 50,000 us dollars go change 100 people life for Nigeria.... Haaaaa grin
Elon felt tricked, they all contributed money towards developing the ai and agreed it was going to be free, only for the developers to start charging money for some packages... Make Elon buy am oh...d guy is smart

Seriously money get levels oh... Dis na triple dangote networth oh.... God abeg cry
They started charging when he cut funding.
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