I read this on Hacker News, which I found particularly interesting:

Elon Musk’s bid for OpenAI isn’t about buying it but about disrupting its transition to a for-profit company. OpenAI Inc., the nonprofit, controls OpenAI LP, the capped-profit subsidiary. To convert to a full for-profit entity, OpenAI Inc. must sell its technology and IP to the new company, with regulators determining a fair valuation.

The rumored SoftBank investment at a $260B valuation relies on this transition, but the current estimated valuation is around $150B. Typically, control premiums in such deals range from 20-30%, putting the expected nonprofit payout at $30B-$40B. However, Musk’s $97B bid for OpenAI Inc.’s assets sets a significantly higher valuation, giving regulators a strong argument that the nonprofit should receive much more.

If regulators adopt Musk’s benchmark, OpenAI Inc. would end up with a 62% majority stake, making the transition far more complex or even blocking it entirely. Even though OpenAI won’t accept Musk’s offer, the bid’s primary effect is to make the legal and financial process of going for-profit much more difficult. It’s a strategic move designed to frustrate OpenAI’s leadership, particularly Sam Altman, and potentially derail the entire transition.

How does it compare to ollama in your experience?

To be clear (and as far as I understand), it’s not a hostile takeover bid because it cannot be: OpenAI is not a public company and thus doesn’t have a fiduciary duty to thousands to millions of shareholders but instead to a handful of big investors who can decide for themselves whether they want that Elon’s money or not. So this isn’t similar to what Twitter had been through but more like Elon teasing Altman I believe.

Perfect thank you!

Were FOSDEM talks recorded?

I see, thank you!

Are there any iOS apps?

Interesting, not sure why. Try the following:

[email protected]

relative link

absolute link

I feel very similar with regard to blockchains, however I didn’t want to throw the baby out with the bathwater. I think (or rather hope) that there are some cryptocurrencies/blockchains that are actually useful/interesting to discuss. Certainly agreeing with you though.

Consider it at least federated? :)

I’ve an account on dbzer0 too and often lurk there as well, however I wasn’t sure about its longevity given the amount of piracy-related activity going on there.

What’s wrong with GitLab?

This is a brand new project so I’m sure no apps are using this yet or even have plans to.

Yep, vectors. See https://github.com/onthegomap/planetiler

You mean how much faster downloading vector tiles are in comparison to raster tiles?

I think pre-rendering makes the biggest difference, rather than the type of tiles.