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100 sats \ 0 replies \ @gmd 11 Feb \ on: Elon Musk Leads $97.4 Billion Bid to Control OpenAI tech
I presume the 97 billion is just enough to get a controlling stake in OpenAI. Per twitteratti Elon's reasoning was to increase the overall paper valuation of the company which would throw a wrench in the non-profit -> for-profit conversion somehow as there's some sort of buy-out required to the non-profit portion and this would increase that amount.