@AndrewMayne @chrisman Court will decide if that's 'preserving' or bait-and-switch
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Sean
1.6K posts
Not quite.
Elon wanted the non-profit to become part of Tesla.
They declined.
So they preserved the non-profit (that Elon wanted to acquire) and spun out a for-profit it would own.
The non-profit is now one of the most well-funded charities in the world and owns a substantial stake in the OpenAI for-profit.
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@AGRobBonta you know we have the highest gas prices out of every state... you are the problem
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We’re filing a motion for a preliminary injunction in an effort to block the Trump Administration from unlawfully greenlighting the restart of two CA onshore oil pipelines that are subject to State regulation and oversight.
Unfortunately, California has seen first-hand the devastating environmental and public health impacts of coastal oil spills, yet the Trump Administration will stop at nothing to evade state regulation, which protects against these very disasters.
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🚨 I was almost taken hostage in Cuba...
I went to Cuba to document the humanitarian crisis and show life under 60+ years of communism and now amid the US blockade. Once I landed, they seized all my cameras except my iPhone and had intelligence agents following me all day until my security noticed their spies tailing us to the hotel where they waited all night for us to come down.
Under communism there is no free speech, and those who show the reality or speak up are imprisoned. Me going without a planned Cuban government guide nearly got me and my security taken hostage or imprisoned.
The situation in Cuba is much worse than anyone knows.
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Amazon's supply chain services justify everything
Long $AMZN
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Sean retweetledi
FYI: Context on why Elon Musk reportedly told Greg Brockman: "By the end of this week, you and Sam will be the most hated men in America. If you insist, so it will be."
OpenAI's filing claims Elon Musk messaged Brockman two days before the trial began to gauge a settlement. When Brockman suggested both sides drop their claims, Elon Musk fired back with that line.
Now things are starting to make sense. During today's testimony, Brockman confirmed his stake in OpenAI's for-profit arm is worth $20 to $30 billion, even though he invested $0 to get it. The same OpenAI that started as a nonprofit, funded by donations including Elon Musk's $38 million.
If you step back and look at it like a normal person:
Someone donated millions to a nonprofit set up to benefit humanity. The people running it slowly turned it into a for-profit, pushed the donor out in a tricky way, and quietly built personal stakes worth tens of billions. The donor, who was always told the project was nonprofit, never got an honest answer about any of it.
That is the case Elon Musk is making in court. And every day, more pieces of it become public.
Muskonomy@muskonomy
BREAKING: OpenAI President Greg Brockman takes the stand, and his opening testimony reveals his stake in the company that started as a nonprofit may now be worth $20 to $30 billion. Under questioning by Elon Musk's lawyer Steven Molo, Brockman confirmed he co-founded OpenAI in 2015 as a nonprofit and served as its chief technology officer. In 2019, OpenAI launched a capped-profit arm, with Brockman receiving an ownership stake. The key exchange came when Robert K. Kry pressed him on the value of that stake. "Your ownership interest in this for-profit is valued today at more than $20,000,000,000. Correct?" Brockman: "Yes." "In fact, it may be closer to $30,000,000,000. Correct?" Brockman: "I think that may be true. Yes." He also confirmed he invested $0 to acquire that stake. The testimony cuts to the heart of Elon Musk's lawsuit, which argues OpenAI walked away from its nonprofit roots so insiders could cash in.
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Minnesota's Anthony Edwards is expected to play in Game 1 against the San Antonio Spurs, barring any setback pregame, per ESPN sources. Just 9 days removed from his left knee injury, and after the team had expected him to return midseries, Edwards has received medical clearance and will get final sign-off after his pregame routine.
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@TMTLongShort Horrible take they don't even have good models that are better than the free ones LOL
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In a year from now people will look back and realize Zuck more than broke even on his Reality Lab investments just on the real-world data generated by Meta Glasses and the utility this will provide as robotics ramp
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@Alex_Intel_ Lol these bad takes need to get off my timeline. Intel only makes money from demand being excess of supply.
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If TSMC was an American company it's valuation would be atleast 50% higher
It's entirely possible Intel captures 20-30% of the foundry business and is actually worth MORE than TSMC who has 70% share. Simply due to no Taiwan risk; Taiwan risk only increases from here as Xi ages
rubicon59@rubicon59
$TSMC is valued at $2T. Surely $INTC when it comes into its own can be worth a measly 20% of that? (I am guessing a little more in actuality.)
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The Big Four airlines (American, Delta, Southwest, United) control 75% of the U.S. market.
Fewer choices = higher prices for you.
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@CapexAndChill Hard to compete when you already have all that money. Too comfortable and risk adverse. In a environment that doesn't need liquidity they hold on to.
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One important lesson for all investors comes from Berkshire's Ajit Jain's exact mandate to his underwriting team: "Your job is to say no. Every now and then you will come across a deal that'll hit you with a 2x4 and it'll be screaming money." Abel and Jain are not budging. They are earning a risk-free yield and waiting for structural market dislocation. The capital discipline remains ruthless.
$BRK.A $BRK.B
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I think it's pretty bad that OpenAI and Anthropic haven't gone public yet. There's huge innovation happening in America and most people in this country don't have any access to it. Instead all the value is accruing to big tech and late stage venture funds.
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@DevinOlsenn @comma_ai Tesla FSD is more capable overall for mixed driving, but the gap isn't massive for highway,focused users. Comma wins hard on price ($999 one-time vs Tesla's higher upfront + $99–100/mo) and flexibility. Both still require full attention.
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@SeanDinhR @comma_ai commas abilities are more similar to Auto Steer, which came for free in older tesla's. comparing to full self-driving it's nowhere close.
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$0 but you have to catch GitHub while it's up
Devin Olsen@DevinOlsenn
Rivian's UHF - $50 a month Ford Blue Cruise - $50 a month GM Super Cruise- $40 a month Tesla FSD - $100 a month At a glance you could say "I can't believe FSD is twice the price!". But if you compare the capabilities of all of these products, I think you'll likely come to the conclusion that FSD is actually the best value by a large margin.
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@DevinOlsenn @comma_ai Nice point on total costs, but comma prime is fully optional for core driving features. The $999 one-time gets you the hardware + software with no subscription required, unlike the others.
Fair comparison matters!
pay for a comma in a year, easily vs reoccuring costs of Tesla
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@SeanDinhR @comma_ai Sure - but saying it’s $0 isn’t really painting a full picture.
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@comma_ai Well it’s actually $1,000 and you offer a subscription yourselves for $24 a month.
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Got an IRS notice in the mail.
Says I owe a penalty for a form I e-filed already.
> AI bot picks up phone
> IRS: "Here are three options, which one do you want?"
> Me: "None, can I talk to a person"
> IRS: "Thank you for calling the IRS, goodbye"
Hangs up. Absolutely insane.
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@AjumaKar @PolymarketIntel lol don't think its citizens were benefitting before
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@PolymarketIntel Now Venezuela will get raped and no benefits to its citizens.
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Venezuela has signed oil and gas deals with U.S. companies.
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@RroftShqiperiaN @DanTalks1 Allies? You mean losing the dead weight lolll
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@DanTalks1 Merz was right. And who the fuck are you to tell any leader what to say? Germany will become Europe’s biggest power within few years while your donkey in the White House is loosing allies
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Just a pro tip if you are a leader of a country, don't ever say America is being humiliated by it's enemy during a war. It will have consequences. This will be punishment for merz thinking he's smart talking shit.
Rapid Response 47@RapidResponse47
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