There is an interesting backstory here. Musk co-established OpenEE with subsequent CEO Sam Altman and others in 2015. Musk eventually left Openai which was a non-profit organization at that time and has remained one till date. Since the departure of Musk, Altman formed a beneficial a subsidiary which will be used to raise money. He is planning to close that subsidiary in a new company The Wall Street JournalThe goal is to convert Openai into a profit-profit company.
Musk’s bid for a non-profit firm near the owner of Openai can make more difficult to convert into a beneficial company for Altman’s plan. This is because the non-profit arm can still be terminated as the owner of a large and valuable percentage for the profit-profit firm for the high value of the mask’s proposal.
Musk and Altman are quarreling and Musk claimed OpenEE that the company has violated its original non-profit charter by prioritizing profits on its original goal of developing AI for the good of humanity. As a proof of this change in its goal, Musk explains how close OpenaiI has become with Microsoft that has committed himself to invest as $ 13 billion in the company.
The Chatgpt app gives us 411 on Altman-Musk quarrel. , Image Credit Fonena
The Mask Group’s $ 97.4 billion bid reported became public knowledge after less than an hour, with Ultman irony on the latter “X” (East Twitter) platform that posted a message for Musk. In the tweet, Altman had a reaction to the dialect that he rejected by writing, “No thanks, but we will buy Twitter for $ 9.74 billion if you want.” The Musk returned the fire by calling Altman a “Swindler”.
Elon Musk created a new AI enterprise in 2023, called XAI, aimed to “to understand the true nature of the universe.” The Musk-Altman quarrel increased a few degrees after Elon started the company.
Openai CEO Sam Altman responded to Musk’s unwanted bid of $ 97.4 billion to buy Openai. , Image credit-exp
If you like a pair of technical billionaires publicly see each other’s battle, while the unwanted acquisition of $ 97 billion and the future of AI hangs into balance, hold a bag of Orville Radenbacker, set the microwave on fire , Sit back and see.
