OpenAI has struck a deal to acquire TBPN, a technology-focused talk show popular in Silicon Valley, making an unexpected move into broadcasting after pledging to abandon “side quests” and focus on its core business.

The ChatGPT maker had purchased the 11-person company in a “low hundreds of millions of dollars” deal, according to a person with knowledge of the terms.

Archived at https://ghostarchive.org/archive/VfGEx

  • UnspecificGravity@piefed.social
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    6 hours ago

    11 person company with 65,000 subscribers to their channel. Dude pays like $3000 per subscriber. Be cheaper just to pay people to listen to him.

      • chonglibloodsport@lemmy.world
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        3 hours ago

        I doubt luck had much to do with it! This just seems like a convenient way to embezzle a few hundred million of investor money as a favour to a friend.

    • brsrklf@jlai.lu
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      5 hours ago

      Meh. If I am paid to endure a bunch of openAI corporate bullshit, I don’t think I am going lower than $3,000 for the trouble.

    • pulsewidth@lemmy.world
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      5 hours ago

      Yeah this is the wildest overvaluation I’ve seen in ages. I’ve never heard of them, seems like most people here haven’t.

      OpenAI must be getting pretty damned desperate to turn the AI narrative to do this.

  • Veedem@lemmy.world
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    7 hours ago

    They may be the only company in this space as unfocused as xAI. They basically bought a podcast to use as a mouthpiece. It’s just dumb and anyone who would consider investing in this company as to doubt their leadership and decision making. What a waste of their money.

      • gAlienLifeform@lemmy.worldOP
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        7 hours ago

        Did it? I mean, it may have bought President Pedo the couple of months he needed to win an election against a historically awful opponent, but given his 32% approval rating and being stuck in a war that was supposed to distract from the detention camps that were supposed to be a distraction from the tariffs that were supposed to be a distraction from DOGE which was supposed to be a distraction from the pedophilia, I think it’s fair to say that buying a mouthpiece isn’t a durable solution to the problem of being objectively stupid

        • UnspecificGravity@piefed.social
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          6 hours ago

          He has made billions of dollars of the presidency and made himself everyone’s fucking problem, probably everything that he ever wanted.

        • Passerby6497@lemmy.world
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          1 hour ago

          But they got the republicans elected, that’s all that matters. They don’t care about what happens after they get into power

  • bitwolf@sh.itjust.works
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    5 hours ago

    “Hey everyone, we sold our channel for several million! Anyway, follow us on our new channel here”.

    OpenAIs stupid lol

  • Telorand@reddthat.com
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    7 hours ago

    Never heard of it, like ever.

    Seems like such a great investment, therefore. /s

  • Blue_Morpho@lemmy.world
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    5 hours ago

    Probably insider corruption. Like the corporate sales agent or podcast employee is somehow related through friendship or blood to someone at openai.

  • givesomefucks@lemmy.world
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    5 hours ago

    making an unexpected move into broadcasting after pledging to abandon “side quests” and focus on its core business.

    That’s exactly what they’re doing here tho…

    The “core business” is hype, because hype is the only reason to use, invest in, or support current AI.

    There’s nothing they can do to raise share price more than buying an existing reputable source to make it a propaganda shill.

    The author is still operating under the assumption that AI can be made profitable if only they work a little harder. It’s not gonna happen, it’s a fucking boondoggle who only exists to grift investors. Once you’re roped in, you have a financial incentive to perpetuate the grift.

    And now TBPN (whatever that is) has a financial incentive to tell people how great AI is

  • grrgyle@slrpnk.net
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    6 hours ago

    This must be a show that only people who make their lifeways by following the scent of VC dick stank watch

  • HuudaHarkiten@piefed.social
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    6 hours ago

    Remember when facebook bought instagram for whatever stupid amount it was and there was that audio of the instagram guys howling with laughter? Do we get one of those with this as well?

    • otacon239@lemmy.world
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      5 hours ago

      The difference being Facebook was buying an already up and coming, clearly successful business idea. Here, they’re buying a YouTube channel with basically no subscribers. So yeah, one sounds like a business decision. The other is delusions of someone who doesn’t know how to spend investor money.

      • HuudaHarkiten@piefed.social
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        5 hours ago

        I mean… that would give these unknown youtubers even bigger reason to howl with laughter than the Instagram people had