Internet moguls are being held hostage by the entertainment system!

Chapter 477 Elon Musk, the Wallbreaker
The person who pushed open the door was none other than Musk.

The four people in the reception room, including Satir, were all familiar enough to him.

However, after processing their surprise, Sam and Ilya quickly put on long faces.

"Elon, why are you here?"

Sam frowned, staring warily at Musk. Chen Xiu could feel that every inch of his skin was on guard.

When asked by his "friend," Musk responded quite bluntly: "I'm here to talk to my shareholder, Sam. Haven't you considered creating an assistant position at OpenAI yet?"

"no, what happened?"

Sam turned and quickly glanced at Chen Xiu, wondering what agreement he had with Musk.

Before Chen Xiu could even comment, Musk preemptively launched into a verbal attack.

"Hmm, you know, if I had an assistant, I wouldn't have been able to get in so easily. Although the technical staff here are all excellent, there is a lack of basic administrative staff, which is a kind of inefficiency in a sense."

"I told you long ago to integrate OpenAI into Tesla and let me lead it directly. This would solve the funding problem and greatly improve efficiency..."

"We have already made our point very clear on this topic."

Sam interrupted Musk with a cold expression, his tone tinged with annoyance: "Could you please leave first? We're not done yet!"

"Hmm? I thought half an hour would be enough to finish..."

Musk subtly rolled his eyes.

His words also made Chen Xiu understand why he was half an hour late when they contacted each other earlier... Tsk tsk, so mean.

To be honest, the logical arguments between STEM guys are quite interesting.

While Sam was wondering what had happened in half an hour, Musk walked up to Chen Xiu, extended his hand, and said, "Hi! How have you been lately?"

"This is terrible. Tesla has made me lose a lot of money. I want to give their incompetent CEO Elon a friendly shout-out every day. Do you have his contact information?"

"Oh, is there something you want to say to him? Maybe I can help pass it on."

"I am an investor, and my goal is to make money. As long as that is achieved, nothing else matters."

After a brief exchange of pleasantries, Chen Xiu gave Musk a wink.

He nodded slightly, understanding the implication, and said, "Perhaps I may ask what you are discussing here?"

"No, please leave immediately."

Sam suddenly stood up, seemingly intending to come and ask Musk to leave.

Chen Xiu spoke up promptly: "Excuse me, Sam, let me handle this! I'll get Elon to leave."

Sam stopped what he was doing, turned around and stared at Chen Xiu for a while.

"OK, please do it as soon as possible."

"It'll be quick."

Chen Xiu nodded to him, then turned to look at Musk and said:
“Elon, I have some things to take care of here. I hope you can go outside for a coffee first. If all goes well, we'll soon have the start-up funding for that AI project you mentioned to me last time.”

"Oh?"

Musk gave Sam, Ilya, and Satya a funny look.

Sam, quick to react, stood up again: "Show, what did you mean by that?"

"Is there something wrong with my spelling and grammar?"

Chen Xiu asked in return, her expression remaining calm, but she knew in her heart that Musk's arrival had added variables to the negotiations and had also broken through the wall of Sam, the Wallfacer.

Upon hearing his question, Sam's brow, which had never relaxed, furrowed brow, and the veins on his forehead bulged out even more.

What exactly is the AI ​​project Elon mentioned?

"Let me think about how to express it."

Chen Xiu thought for a moment and said as briefly as possible, "Elon wanted to continue his entrepreneurial venture in the AI ​​field and then approached me for cooperation. At the time, my reply was that there were funding issues, but now the issues are almost resolved, right?"

"You want to use the money from selling OpenAI to invest in him?"

Sam's face was almost as black as the bottom of a pot, and he felt an indescribable disgust in his heart.

Chen Xiu shrugged nonchalantly: "Your summary is very accurate! So, Elon, would you please go out for a coffee first, and we can continue our conversation later."

"OK! No problem, I know where the coffee machine is."

Sam's face darkened even more as Musk turned to leave.

Once the door to the meeting room was closed, Chen Xiu turned to look at the Microsoft CEO.

“I’m sorry, Mr. Satir, Elon is also the founder of Open AI. I didn’t expect him to come directly here.”

"It's okay, it won't make any difference."

Satya Nadella seemed unconcerned.

He was here today representing Microsoft to discuss cooperation with OpenAI on Azure supercomputing technology development. Buying Chen Xiu's shares is Microsoft's early move in the AI ​​industry.

As for what companies Chen Xiu chooses to invest the money in, that's his prerogative.

There are so many companies in California involved in AI research and development, but not all of them can achieve results. OpenAI's current level is definitely among the top tier of AI research and development companies.

Using the proceeds from selling off top-tier assets to invest in an idea is too risky, and Satir naturally wouldn't take it seriously.

Seeing Satya's nonchalant attitude, Chen Xiu's heart skipped a beat, but she remained expressionless.

"Let's continue our conversation! You think my offer is too high, is that right?"

"Yes! Although we are very optimistic about the future of Open AI, at least at this stage, its 49% is definitely not worth 10 billion US dollars!"

"The $5 million you mentioned doesn't represent its true value."

“This is a very reasonable price.” Satya adjusted his glasses, ready to begin the bargaining process with Chen Xiu.

However, unexpectedly, this highly anticipated presentation of advanced grocery shopping techniques was called off before it even began.

"Excuse me, I'd like to interrupt."

Sam raised his hand, indicating that he had something to say.

Chen Xiu and Satya paused to gather their strength, signaling that he could continue.

Sam hesitated for a moment, then turned to Chen Xiu and said, "Xiu, could you please leave for a moment? It will only take 10 minutes."

"Okay, then I'll go to the break room to rest for a bit. You can come and call me later?"

"no problem."

Sam nodded solemnly, unaware of the impoliteness of his actions.

Ilya's expression changed slightly. She coughed lightly, stood up, and said, "Xiu, let me go out with you to talk."

"That's really too much trouble for you."

Chen Xiu nodded to Ilya, and then left the reception room with him.

Sam's expression remained unchanged throughout, and he only turned to face Satya after the glass door was closed.

"I think the situation has changed somewhat, and it's time to activate Plan B."

"Didn't you see? I was almost there!"

“That’s not the issue. I just don’t want Chen Xiu and Yi Long to work together.”

"Why? I need an explanation..."

A new round of debate unfolded in the meeting room.

Meanwhile, Chen Xiu and Ilya, who had come to the tea room, also encountered Musk there.

Then, Musk, that eccentric guy, stopped chatting with Chen Xiu and instead started digging into Ilya.

“Sutskevi, once our new company is up and running, perhaps you could come and serve as our CTO.”

"Hehe, thanks. I'm doing very well at OpenAI now."

"Don't rush to refuse. We might be able to create more possibilities. I prefer your honesty to Sam's."

"Elon, what you just said has already demeaned Sam. I hope we can change the subject."

"..."

As I said before, the logical arguments between STEM guys are just as exciting as women fighting.

Chen Xiu sat beside her, drinking coffee and watching with great interest.

Unfortunately, after 10 minutes, Sam came out to look for the person himself.

After hearing Musk's sarcastic remarks about him while digging up Ilya, he gritted his teeth again before turning to invite Chen Xiu.

“Show, the plans have changed, and we may need to renegotiate.”

"restart?"

Chen Xiu looked at Sam with confusion, wondering if things were going as she had expected.

Sam nodded solemnly: "I've renegotiated with Satya, and we both agree that instead of acquiring your shares, it would be better for Microsoft to invest in Open AI LP. What do you think?"

"Sounds good."

Chen Xiu stood up with a smile on her lips and returned to the reception room with Sam and Ilya. There, she received a new plan from Satya and Sam.

OpenAI's equity structure has become somewhat unusual since Chen Xiu took over last year.

First, OpenAI itself is the main company, with 51% of its shares held by OpenAI Inc, a non-profit company, and its management team consists of founders such as Sam and Ilya.

Then, Chen Xiu established Open AI LP, a for-profit limited partner company that holds 49% of Open AI's shares.

OpenAI Inc. has absolute control over OpenAI, and its shares will not be diluted.

If any company or fund wants to invest in OpenAI, it will only dilute Chen Xiu's shares, which he can then use to cash out.

All that Satya just talked about was about buying Chen Xiu's OpenAI LP company, so that Microsoft could hold 49% of OpenAI's shares.

Sam's current intention is not to allow Chen Xiu to withdraw, but to get Microsoft to invest in Open AI LP.

In this way, the founding team's say will remain unchanged, and the for-profit company of limited partners will become a two-way power struggle between Chen Xiu and Microsoft.

After listening to their ideas, Chen Xiu asked, "What is Mr. Satir's proposal?"

"$3 million for a 51% stake in Open AI LP."

Satir said expressionlessly.

Chen Xiu shook her head: "Your initial expected acquisition price was actually 6 million US dollars?"

"With an initial investment of 1.5 million yuan, a return of 300% in less than a year is already a very worthwhile investment."

“If that’s how you think, there’s nothing I can do! Let’s get practical. With $3 million, I can only give up 40% of the shares.”

"Too little."

Satya shook his head and refused, insisting on his offer.

Chen Xiu argued his case and began to bargain, but his attack power was significantly reduced compared to before.

Previously, Microsoft wanted to buy the company, so it could have asked for an exorbitant price and then walked away. Now, Microsoft wants to invest, and after the deal is finalized, it will also give OpenAI a $10 billion order, causing the company's market value to soar.

Chen Xiu still showed considerable politeness to her benefactor.

(End of this chapter)