Elon Musk tried to take control of OpenAI, the company behind ChatGPT, in 2018, but his proposal was rejected by the company’s founders. Musk resigned from OpenAI’s board and reneged on a promised donation of $1 billion. OpenAI created a for-profit entity to raise capital for computing power after Musk’s resignation left them unable to afford the fees required to train AI models on supercomputers. In less than six months, Microsoft invested $1 billion in OpenAI, allowing the company to build a supercomputer that led to the creation of ChatGPT and DALL-E, an image generator. OpenAI’s latest language model, GPT-4, has 1 trillion parameters, and Microsoft has invested $10 billion in ChatGPT to make it more useful across industries. Musk has questioned how a non-profit organization like OpenAI became a $30 billion for-profit company.
Elon Musk’s Attempt to Take Control of OpenAI Rejected in 2018
According to a report by Semafor, Elon Musk attempted to take control of OpenAI, the company behind ChatGPT, in early 2018. However, the proposal was rejected by Sam Altman and the other founders of OpenAI. Musk walked away from the company and later reneged on his planned donation of $1 billion. Musk claimed that he believed OpenAI had fallen behind Google but failed to convince the founders to hand over control.
Musk resigned from OpenAI’s board in 2018, citing a conflict of interest with his work at Tesla. This left OpenAI without the ability to pay for the significant fees associated with training AI models on supercomputers. The company announced in March 2019 that it was creating a for-profit entity to raise money to pay for computing power. In less than six months, Microsoft infused $1 billion into OpenAI, allowing the company to build a supercomputer that eventually led to the creation of ChatGPT and DALL-E, an image generator.
OpenAI’s latest language model, GPT-4, boasts 1 trillion parameters. Musk has questioned how a non-profit organization has become a $30 billion for-profit company, and he paused OpenAI’s access to the Twitter database. Microsoft has invested $10 billion in ChatGPT, making it more useful across industries.
The rejection of Musk’s proposal highlights the importance of maintaining independence in the world of AI. OpenAI’s for-profit entity has allowed it to continue working towards its mission while raising the necessary capital. It remains to be seen how ChatGPT and other AI models will evolve in the future, but OpenAI’s success shows that there is significant potential for growth and development in this field.
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