by jhp123 on 10/20/2023, 6:53:10 PM
by aaraujo002 on 10/20/2023, 5:47:04 PM
by mushufasa on 10/20/2023, 7:07:42 PM
Is this a real article or is this something "leaked" to create a competitive investment round?
Media savvy, folks
by elforce002 on 10/20/2023, 8:42:35 PM
Listen, "Open"AI went from being research and openness to "for profit" using money specifically for the former. They are not to be trusted after this.
by downWidOutaFite on 10/20/2023, 6:43:01 PM
If this is nondilutive could MS buy up these shares and get >50% and gain control of the company? OpenAi probably sold way too cheap last round, MS's $10 billion could end up being the steal of the decade.
by zeroCalories on 10/20/2023, 6:46:28 PM
I still haven't seen this tech do anything mind-blowing. Most of the programming stuff doesn't feel much fancier than a good IDE and a quick online search. I use it now and then for tweaking important docs, but that's about it. It kinda feels like another crypto hype meme that will just eat up time and money.
by seydor on 10/20/2023, 7:05:38 PM
how about 80 Trillion? i thought the era of cheap money is done
by paxys on 10/20/2023, 6:54:32 PM
Tough spot for employees. Sell your shares now and make a tidy sum or take a risk and hope that the company is worth $800B one day?
by lyapunova on 10/20/2023, 7:27:37 PM
The headline, the picture, the article --- it would be easier to take them seriously if they just made the tools work and stopped posing for band pictures.
I am happy to have the tools, but the hype, the valuation, the "we have solved everything" mentality. It's just so offputting.
by rightbyte on 10/20/2023, 6:44:26 PM
How could OpenAI possibly be worth 80 billion USD when Facebook offers a self-hosting alternative for free?
by syngrog66 on 10/20/2023, 7:25:41 PM
hype bubble much?
I don't see how its value has gone up
since it was worth $20 billion, bullish signs are that it remains top of the heap among LLM companies and has managed to scale with demand.
Bearish signs are that peak interest in LLMs is already over, AI search is not popular, hoped-for applications in software development and writing have not materialized, serious resistance to AI is already here with the WGA strike, Andreessen Horowitz is hyping it up.
Edit: I think some of the people replying are not remembering what the hype was like around the time of OpenAI's last major fundraising. Social media feeds like Twitter, Reddit, and HN were absolutely swarming with LLM content. People were seriously saying that this technology was AGI. That it had human-level performance on many tasks and would soon replace working professionals. Serious analysts expected Microsoft's AI-powered search to cut into Google's market share, to such an extent that Google shares lost value.
LLMs are still useful and may eventually be so useful that they even justify this valuation, but I just don't see how we are in a more hopeful world today, knowing that LLMs can not yet replace real professionals, that LLM-derived content was a short-lived fad on social media, that Google's marketshare is steady, etc.