Elon Musk is leading a group of investors in a $97.4 billion bid to acquire OpenAI, the company behind ChatGPT. Musk has long clashed with OpenAI CEO Sam Altman, accusing the company of straying from its original mission as a non-profit focused on AI safety. This move comes amidst ongoing boardroom battles and legal disputes within OpenAI.
, Elon Musk is leading a group of investors who have offered to buy OpenAI, the parent company of ChatGPT, for $US97.4 billion .
OpenAI is operated by a non-profit organisation that controls an entity called OpenAI LP, a for-profit company that exists within the larger company's structure. "It's time for OpenAI to return to the open-source, safety-focused force for good it once was. We will make sure that happens." OpenAI was founded because its creators believed artificial general intelligence, or AGI, posed a serious threat to humanity.
Investors want to ensure they're getting bang for their buck, and they're not known to be a patient bunch. That could become a problem when it's a technology so good at mimicking human speech and behaviour that it can fool people into believing its fake conversations and images are real.In a bizarre boardroom battle in late 2023, the OpenAI board fired Altman before quickly rehiring him.
Business ELON MUSK OPENAI CHATGPT SAM ALTMAN AI TECHNOLOGY ACQUISITION BUSINESS DISPUTES
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