Internet moguls are being held hostage by the entertainment system!
Chapter 478: Profiting $2 Million, Investing in Nvidia
Chapter 478: Profiting $2 Million, Investing in Nvidia
"Hi, man!"
Chen Xiu greeted Musk and walked towards him. Apart from Musk, there was no one else in the entire tea room.
Surprisingly, when he saw him approaching, Musk merely raised an eyebrow and then remained silent.
Chen Xiu paused and stared at him for a moment, then pointed to the coffee machine: "Would you mind if I made myself a cup?"
"I thought you had already drunk it in there."
“Ilya put a lot of sugar in the coffee, so I only took two sips and didn’t touch it anymore.”
"OK, I'll make it for you."
Musk grimaced as he walked to the coffee machine, took out a disposable cup from underneath, added ice and water, and finally pressed the machine to grind and extract the coffee.
Seeing him bring over the coffee, Chen Xiu said thank you and reached out to take it.
Musk then pulled his hand back and said, "Now can you tell me why you wanted to meet me in San Francisco?"
Why did you ask to meet me when you went to Shanghai last time?
“You are a Tesla shareholder, and we have something to discuss, so I felt it was necessary to inform you.”
"The situation is the same today! You are the founder of OpenAI, and although you are the former one, you still have some influence. This is called reciprocity!"
Chen Xiu stretched out her hand and stared at Musk.
Musk handed over the coffee, looking rather annoyed, and asked, "So what was the outcome of your negotiations?"
“I gave up 45% of the shares, and Microsoft paid $3.5 million.”
Chen Xiu took a sip of coffee, savoring the bitterness on her tongue, a smile playing on her lips.
While giving up 45% of the shares is a bit much, Microsoft won't get enough shares to secure the $10 billion Azure supercomputing technology contract.
If OpenAI runs out of money in the future, Chen Xiu will have to keep paying out of his own pocket, which is a bottomless pit...
However, after securing this $10 billion contract, OpenAI's research and development funding for the next few years is secured.
From a capital perspective, this is also a mutually beneficial relationship. With Microsoft as a backer, the future development of OpenAI will be smooth sailing.
Musk said with a strange expression, "You've only invested in OpenAI for 8 months, and you've already recouped all of your initial $1.5 million investment and made a profit of $2 million."
"WTF, I personally sold you a golden goose that could lay golden eggs at a bargain price!"
Chen Xiu's smile widened: "Elon, none of us knew Microsoft would show up. If they hadn't come, OpenAI would have faced funding difficulties again in a few months. Besides, their initial offer to me was 2.7 million, which is ridiculous, isn't it?"
Musk doesn't find it funny at all.
He squinted, pursed his lips, and stared at Chen Xiu with a melancholy look, seeing through the surface to the essence.
"You mean, my unexpected push in the door caused Microsoft's offer to rise from $2.7 million to $3.5 million, and they only wanted 45% of the shares."
"I'm not happy to put it that way, but you've exaggerated the facts a lot. In reality, what you really did was make Sam feel threatened."
Chen Xiu made a small correction, then raised her coffee cup slightly as a gesture of respect to Musk.
"Regardless, your unexpected arrival did me a favor, thank you."
"You're welcome. Just know that I helped you."
What does this sentence mean?
"Hmm~~"
Musk frowned, feigning deep thought.
Chen Xiu chose to take the initiative rather than remain silent.
"Aren't you going to explain Tesla's stock price situation to me?"
"What's there to explain? I already told you last time that the short sellers believe Tesla's production capacity issues haven't been resolved yet. In reality, we already have the right strategy to deal with it, and the stock price will start to rebound in the third quarter. That's obvious."
Musk shrugged, appearing confident and obsessive, then fixed his gaze on Chen Xiu.
"Don't change the subject, let's continue talking about helping out."
"OK! You can continue."
"I did you a favor, though it was unintentional, but it's true. Could you do me a favor in return?"
"Why don't you tell me the specifics first?"
Chen Xiu calmly sipped her coffee, thinking that if he were to bring up any troublesome matters, she could simply refuse.
Musk's eyes flickered slightly: "Have you ever looked into Mars colonization?"
Chen Xiu paused for a moment, and roughly guessed what Musk wanted to say.
Are you trying to sell me SpaceX?
"No, I didn't mean to invite you to invest. I just need you to do me a small favor."
"What's the deal?"
Musk hesitated for a moment, then moved closer to Chen Xiu.
"Microsoft's investment in OpenAI will definitely make the news, and you'll become a celebrity. After the news is released, I'd like to invite you to visit SpaceX. During the visit, all you need to do is express your regret that you really want to invest but can't."
Hearing this tired old trick, Chen Xiu narrowed his eyes and glanced at Musk sideways.
"Do I want to express the regret of wanting to invest but being unable to?"
"That's right! Aren't you an actor? Acting shouldn't be a problem for you, right?"
Musk said it was only natural.
This shrewd calculation truly befits a world-class marketing master. Chen Xiu's lips twitched slightly: "Why should I help you?"
"Aren't we helping each other? You might need my help someday in the future."
Why don't you look for someone else?
"We've looked through everyone we could. You're a new face, but you're not famous enough in the investment circle. Your first appearance is the most valuable."
Musk shrugged, making no attempt to hide his tactics.
A hint of hesitation flashed across Chen Xiu's face. She knew that Musk was right and that she would probably need his help again in the future.
"Will SpaceX allow me to visit? Are there any confidentiality clauses involved?"
"The parts that can be visited are not covered by the confidentiality agreement."
"You mean, even if I record the whole thing on my phone, there won't be any problems?"
“Yeah! I’ll arrange for a photographer to feature you, and then I’ll also post it on Twitter.”
As a marketing guru, Musk naturally wouldn't overlook the step of creating a video.
Chen Xiu glanced at him cautiously: "Let's just take a look at the rocket and rocket recovery unit from the outside! I'll record the whole thing live."
"Hmm, you're being too cautious, but it's fine."
Musk only wants marketing effect and to ride the wave of Microsoft's investment in OpenAI. Whether Chen Xiu gets to visit SpaceX or not is irrelevant.
Chen Xiu nodded: "OK! It will probably take me a week to get the rest sorted out. I'll contact you then."
"no problem."
Musk smiled with satisfaction, already thinking about how to use this marketing opportunity to attract more investment for SpaceX.
"By the way, Xiu, now that you've received the money from Microsoft, what are your plans for using it?"
"Invest in other companies."
Chen Xiu gazed into the distance, looking at the wall behind Musk.
The development path of Open AI is now clear, and investment in computing chips can be arranged.
Nvidia's market capitalization was $80 billion last year and just broke $100 billion this year. The increase isn't too significant, so it's not too late to enter the market...
Have you considered using this money to invest in my AI company?
Musk spoke with a burning gaze, clearly having taken to heart the excuse Chen Xiu had used in the meeting room.
Chen Xiu remained silent for a moment, but still chose to shake her head.
"I think you should focus on managing your existing company first."
"If you regret today's decision in the future, you can always tell me."
Musk proudly stated that he firmly believes he can succeed in developing AI, just as he firmly believes he can successfully recover a rocket.
Chen Xiu didn't take it to heart. After finishing her coffee, she said goodbye and left the Open AI headquarters.
For the next week, Chen Xiu basically stayed in the hotel and didn't go anywhere else. When she woke up during the day, she would take turns chatting with Meng Ziyi and the other three, listening to their interesting stories from recording the variety show.
Occasionally, some Chinese organizations would contact Chen Xiu online through friends of friends to ask if he wanted to attend their parties.
Chen Xiu politely but distantly declined.
His only two trips out were to sign a formal contract with Microsoft at OpenAI and to visit Warner Bros. headquarters in Burbank to finalize the collaboration on "Detective Chinatown 1900".
Both matters are already finalized projects, so the process is unlikely to encounter any surprises.
After signing the contract and receiving payment from Microsoft, Chen Xiu instructed his asset management company to use the money to buy Nvidia shares after handling tax issues.
Given Nvidia's current market value, Chen Xiu's investment was just a normal investment and went unnoticed by anyone.
After handling all of this, before returning home, he also went to Hawthorne, where SpaceX is located, to fulfill his promise to Musk.
"Hello everyone! I'm in Hawthorne, California today, visiting a business partner's company. Elon, may I be in the picture?"
"No problem at all."
After exchanging greetings, Chen Xiu handed her phone to her bodyguard and then followed Musk to visit SpaceX's rocket launch pad and the two robotic arms that could grip the falling rockets like chopsticks.
There are currently no rockets on this site; the dozens of stories high steel support structure resembles a giant with outstretched arms.
Musk stopped in front of the empty space, pointed to the robotic arm above, and said:
"This is SpaceX's rocket recovery plan. If it can be successfully completed, the cost of every future rocket launch will be reduced by 70%!"
Chen Xiu looked up, shielding her eyes from the sunlight with her hand as she gazed upwards.
"How many times have you tried?"
"Many times, and I will continue to try in the future."
Musk tried to explain the principles of rocket recovery to Chen Xiu.
Chen Xiu listened quietly, occasionally stopping Musk to ask questions.
Throughout the live stream, he didn't hide the fact that he was an amateur, and the viewers who stayed up late to watch the live stream didn't feel ashamed of it.
During the live stream, the number of viewers in the live stream room surged in like water from a tap that had been turned on.
Soon, the number of people watching live online exceeded 50, and the hashtag "Chen Xiu watching the rocket launch live" topped the Douyin hot search list.
(End of this chapter)
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