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That would be wild: a cash furnace merges with a pile of cash. I had forgotten just how late in the dot-com bubble AOL/TW happened. I think it's far more likely that Microsoft lets OpenAI hang, then pillages the corpse, while Apple goes on to boringly make giant piles of money from hardware.

I wonder how that would even work with OpenAI's weird 'non profit' shenanigans.

MS was sizing them up a short time ago, I would imagine it'd be something strange like laying everyone off then hiring them again, or moving the IP to a child corporation Firefox-style

I actually think it's smart of Apple to play it safe, considering all the hype and insanity around LLM's. Also, OpenAI's valuation is not grounded in actual revenue so I doubt it's a good deal to buy them right now. Don't they have something like >400 P/E?