Norway should buy OpenAI

stanfordkid

I would agree with this, except it sits on the thesis that one company really has that much of an impact. I don't think it actually does. AI is here and it will continue to progress. Norway controlling OpenAI is not going to change it's trajectory -- the cat is already out of the bag.

andrewlin247

lol can't tell if this is serious

scuppernong

assuming this is serious, I would eat a tire if the US government allowed that to happen

bpodgursky

This would be an interesting way for Europe to maintain AI sovereignty. US would block it though.

nialse

Yes, but wait for the dip.

mrtksn

Wouldn't be needlessly expensive and risky before the bubble pops? Just buy the scraps after it pops and If it's not bubble, they can alternatively just buy a fab dedicate its output to build ridiculously large infrastructure in Norway and power it with their wast hydro and wind sources, then bring the talent by providing freedom and resource access.

vinni2

Why on earth would Norway do a charity to the world? The oil fund while it has some moral guidelines, profit making is still the primary goal. There is no guarantee OpenAI will be profitable ever.

KellyCriterion

according to my understanding, this would (necessarily) include relocation of all OAI stuff to .. somewhere in Europa? (regardless if this "somewhere" is FR or UK or IT or DE or CH)) I do not see any chance that this may happen

ahZq1

Nice try inflating the IPO valuation. :) The entire EU and Norway could simply block all clankers and US propaganda and experience an intellectual renaissance. For $0.

Tepix

OpenAI will likely not IPO this year because their numbers are so poor compared to those of Anthropic's. However if they don't IPO, they cannot pay for all those datacenters they ordered. Meanwhile, Chinese companies are creating SOTA models and make them available for free, strongly limiting the amount of money that OpenAI and Anthropic can demand for their similar models via API. Their sky high valuations are likely to suffer as chinese models are considered "good enough" and safe to use when hosted in the West. They even have fewer safeguards and are thus more suitable for cybersecurity tasks. tl;dr: They're fucked. Don't buy them.

dofm

And Denmark should buy Anthropic. “Invade Greenland and we switch it off!”

logicchains

Fastest way to burn $800 billion. Even the Chinese government isn't nationalizing its AI companies, because there's no chance a cutting edge technology company can remain competitive when run by bureaucrats.

glitchc

Nothing special about OpenAI to deserve a buyout.

metalliqaz

OpenAI has a very limited amount of time before their value collapses in the face of cheap Chinese models. The price war is just getting started. It won't be pretty.

paxys

OpenAI is worth $800B because that’s what the last funding round valued it at. It does not mean that >50% of existing shareholders will agree to sell for that amount. If a serious buyer does emerge they will likely hold out for 2x that, maybe more.

adamrezich

And everyone should just get along. And software should just work perfectly. And everything should be free. What's the point of writing something like this? Surely the writer isn't delusional enough to actually expect this to affect state leadership decision-making?

raincole

People on the internet have some weird fantasy. News at 6. Seriously why would Norway do that? With a fraction of that amount of money they can build energy and computing facilities. They can distill OpenAI models. Why would that bet all on one single company? The US won't let Norway do that anyway. Biden blocked Japan's Nippon Steel from buying US Steel[0]: [0]: https://www.bbc.com/news/articles/cx2vz83pg9eo

xyst

Then Norway will be holding the multibillion dollar bag once AI flops

Imnimo

Would Norway be prepared to commit to huge future capex spending? Like the pitch that OpenAI is going to achieve AGI seems to rely on vast investments in more compute over the coming years. If you just pay the $800B and then take your foot off the gas, do you still have a frontier lab or have you just paid a lot of money to remove a competitor from the market?

starik36

Norway's fund would first have to definitively find out what it takes to actually run all of OpenAI's compute. Monetarily wise. We still don't know that number. Isn't OpenAI running on investor money right now?