this post was submitted on 17 Feb 2025
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Could Musk damage OpenAI even if his $100bn bid for it fails? (www.bbc.com)
submitted 6 days ago* (last edited 6 days ago) by [email protected] to c/technology
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Experts say his real goal is "stymying" its growth potential as his own AI ventures flounder.

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[–] FlowVoid 7 points 5 days ago (1 children)

I doubt that's their plan, since they aren't on the stock market.

[–] [email protected] 5 points 5 days ago (1 children)

...and yet are tying to change to for-profit model

[–] FlowVoid 5 points 5 days ago* (last edited 5 days ago)

Yes, but that does not mean they want to be publicly traded.

There are plenty of privately held for-profit companies, for example Valve. Their business model does not involve stock prices, in fact it is impossible to buy Valve stock.