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Vijaye Raji to become CTO of Applications with acquisition of Statsig

(openai.com)
176 points tosh | 6 comments | 02 Sep 25 18:18 UTC | HN request time: 0s | source | bottom
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behnamoh ◴[02 Sep 25 20:23 UTC] No.45108499[source]▶
Are we supposed to post every blog/news post of OpenAI and keep fueling the AI hype? I think at this point people should know that OpenAI is just like any other company.
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MontgomeryPy ◴[02 Sep 25 20:33 UTC] No.45108637[source]▶
This seems like a big shift for OpenAI into an enterprise applications vendor to me.
replies(2): >>45108869 #>>45109858 #
rchaud ◴[02 Sep 25 20:51 UTC] No.45108869[source]▶
What else could they have been? Microsoft didn't give them $10bn to build out their B2C homework autocomplete service.
replies(1): >>45110813 #
LudwigNagasena ◴[03 Sep 25 00:18 UTC] No.45110813[source]▶
A skunkworks shop that aims at 100x returns by producing cutting-edge AI tech, not another B2B BigTech company. Isn't that the very image they cultivated in the media?
replies(1): >>45110935 #
jitl ◴[03 Sep 25 00:36 UTC] No.45110935[source]▶
How do you monetize cutting edge ai tech? Sell it. Who has money? Businesses.
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1. LudwigNagasena ◴[03 Sep 25 10:57 UTC] No.45114317[source]▶
If you can produce cutting edge AI tech, the opportunity cost is just too high to spend $1B on already established companies. Such acquisitions basically say that OpenAI can’t find a project worthy of $1B of compute and exceptional AI researchers either because there is nothing innovative they believe they can come up with or because anything innovative will be commoditized and produce little returns.
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2. utyop22 ◴[03 Sep 25 21:19 UTC] No.45120532[source]▶
Correct.

So whats your prediction for the next 12 months?

replies(1): >>45132427 #
3. LudwigNagasena ◴[04 Sep 25 21:29 UTC] No.45132427[source]▶
I dunno. It will just become another diversified Big Tech company?
replies(1): >>45132598 #
4. utyop22 ◴[04 Sep 25 21:47 UTC] No.45132598{3}[source]▶
Can you call Meta diversified given most of its forward looking revenue comes from IG? Lol.
replies(1): >>45141751 #
5. LudwigNagasena ◴[05 Sep 25 18:14 UTC] No.45141751{4}[source]▶
They sell ads. For people to look at ads they need to grab their attention. So they have an ad network, a social media platform, a microblogging platform, a short-form media sharing platform, a messenger, VR SW, VR HW, smart glasses, LLMs, a marketplace, a dating service, a street imagery service, a fitness service, some B2B stuff and so on.
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6. utyop22 ◴[06 Sep 25 00:56 UTC] No.45145552{5}[source]▶
"Can you call Meta diversified given most of its forward looking revenue comes from IG? Lol."

Meta's long term value, as it stands, seemingly comes predominantly from IG given that the probability of success of those things you mentioned are very low and FB is on its last legs in the developed world.

Meta is highly concentrated on IG. And how do we know this? Well Meta's revenues were beat recently by Bytedance. What is Bytedances premier App?

Tiktok.