5 ms·
OpenAI is valued at 90 billion and all they do is make GPT; Twitter is valued at 40 billion and this was essentially a vanity side-project by a cowboy CEO. Pres
by fwlr 3y ago
OpenAI is valued at 90 billion and all they do is make GPT; Twitter is valued at 40 billion and this was essentially a vanity side-project by a cowboy CEO. Presuming that benchmarks and general “it’s about the level of 3.5” is accurate, it’s inefficient, but not incredibly inefficient imho
- pelorat 3y ago> Twitter is valued at 40 billion WAS vaulued at 44B. Now? Maybe 5 billion.
- wongarsu 3y agoLast I heard they lost 15% of their users, so let's call it 36 billion.
- mceachen 3y agoMore like $13b. https://arstechnica.com/tech-policy/2024/01/since-elon-musks-twitter-purchase-firm-reportedly-lost-72-of-its-value/ https://arstechnica.com/tech-policy/2024/01/since-elon-musks...
- wraptile 3y agoTwitter didn't have direct competitors other than Mastodon when it was taken at 44B. Now there's Threads, Bluesky and bigger Mastodon.
- _ea1k 3y agoHonestly, none of those look like meaningful competitors at the moment.
- squigglydonut 3y agoNone of these matter
- dilyevsky 3y agoThey weren't even 44B when elon took the keys - he specifically tried to back out of the deal because 44B was insane peak '21 asset bubble price. In truth they were probably like 10-15B at that moment. And now that bunch of advertisers left due to we know who it's probably about 10B
- Lewton 3y agotwitter was valued around 30 billion when musk tried getting out of buying it (then the market cap went up when it became clear that he would be forced to pay full price)
- alvah 3y agoLOL @ $5 billion, but if it that was the valuation, you'd be making parent's point stronger.
- thekhatribharat 3y agoxAI is a separate entity, and not a X/Twitter subsidiary.