Elon Musk calls OpenAI over rejected $97.4bn bid

In a recent escalation of tensions within the artificial intelligence community, Elon Musk, co-founder of OpenAI, has publicly criticized the organization’s CEO, Sam Altman, labeling him a “swindler” following the rejection of Musk’s $97.4 billion acquisition bid. This development underscores the deepening rift between two of the tech industry’s most influential figures.

Musk’s offer, backed by his AI venture xAI and several prominent venture capitalists, aimed to return OpenAI to its original non-profit mission, emphasizing open-source research and ethical AI development. He has been vocal about his concerns regarding OpenAI’s shift towards a for-profit model, fearing it could compromise the organization’s foundational principles.

Sam Altman, who co-founded OpenAI with Musk in 2015, dismissed the bid and, in a move that added fuel to the fire, humorously suggested that Musk consider purchasing Twitter instead—a platform Musk had previously acquired and rebranded as X. This remark did not sit well with Musk, who responded by calling Altman “Scam Altman” on social media, further highlighting the deteriorating relationship between the two.

The discord between Musk and Altman is not a recent phenomenon. In 2018, Musk resigned from OpenAI’s board, citing potential conflicts of interest with his other ventures, notably Tesla’s AI initiatives. Since then, he has been a vocal critic of OpenAI’s direction, particularly its transition to a for-profit entity. Musk’s recent legal actions, including a lawsuit to prevent OpenAI’s conversion to a for-profit model, have intensified the dispute.

OpenAI has countered Musk’s claims by releasing a series of emails and text messages, suggesting that Musk initially supported the idea of a for-profit structure. They argue that Musk’s current opposition stems from his unsuccessful attempt to gain a majority stake and full control over the organization. OpenAI’s legal team has urged the court to dismiss Musk’s lawsuit, asserting that his actions are an attempt to stifle competition, especially given his recent launch of a competing AI company, xAI.

This public feud has significant implications for the AI industry. Both Musk and Altman are influential figures whose decisions and disagreements could shape the future trajectory of artificial intelligence development. The outcome of this conflict may influence how AI organizations balance profit motives with ethical considerations and the broader societal impact of their technologies.

As the legal battle unfolds, the tech community and the public at large are keenly observing how these events will impact the future of OpenAI and the broader AI landscape. The resolution of this dispute could set important precedents for governance, control, and the ethical development of artificial intelligence.

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