Elon Musk has made a bid to acquire OpenAI, the non-profit organization behind ChatGPT, aiming to reestablish it as an open-source platform focused on safety. This move comes amid a public feud between Musk and OpenAI CEO Sam Altman, who co-founded the company in 2015.
Elon Musk has submitted a bid to acquire OpenAI, the non-profit organization that governs the artificial intelligence startup behind ChatGPT. According to The Wall Street Journal, Musk's attorney, Marc Toberoff, submitted the offer to OpenAI's board on Monday. In a statement to CNBC, Toberoff stated on behalf of Musk, 'It's time for OpenAI to return to the open-source, safety-focused force for good it once was.
' This comes amidst a heated legal and public relations battle between Musk and OpenAI CEO Sam Altman. The two were co-founders of OpenAI in 2015, establishing it as a non-profit focused on AI research.OpenAI has since become a major player in generative AI, launching ChatGPT in 2022 and sparking significant investment in new tools and infrastructure for next-generation AI products and services. OpenAI has also partnered with SoftBank and Oracle in a project announced by then-President Trump shortly after his inauguration called Stargate. This project encourages the companies to invest billions of dollars in AI infrastructure within the United States. Musk's bid is reportedly supported by xAI, which the Journal suggests could merge with OpenAI if a deal is successful. Other investors involved in the bid include Valor Equity Partners, Baron Capital, 8VC, and Ari Emanuel's investment fund, according to the report.Toberoff sent a letter to the attorneys general of California and Delaware on January 7th, requesting that the bidding process for OpenAI be opened up. This move highlights the growing interest in OpenAI and its potential impact on the future of artificial intelligence. The company's technology has the power to revolutionize various industries and aspects of our lives. The outcome of Musk's bid remains uncertain, but it signifies a significant development in the AI landscape
ELON MUSK OPENAI CHATGPT ARTIFICIAL INTELLIGENCE AI TECH
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