Elon Musk’s $100B Bid Puts OpenAI on High Alert

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Back in 2015, Elon Musk and Sam Altman established OpenAI as a non-profit entity, with a mission to create safe artificial intelligence that could benefit all of mankind. However, by 2018, Musk had parted ways with the project due to internal conflicts.

In brief succession, a profitable spin-off called OpenAI LP was established with the aim of enhancing artificial intelligence. Currently, Elon Musk is expressing an interest in acquiring OpenAI for approximately $97.4 billion. This move has ignited passionate discussions concerning AI’s future and corporate dominance. Here we delve into the latest updates about Elon Musk’s endeavors.

Musk vs. Altman

Altman firmly declined the proposal via a tweet on Elon Musk’s social media network, X. His message read, “No thanks, but we could acquire Twitter for $9.74 billion if you’re interested.” This statement was undoubtedly aimed at Musk, who had bought Twitter for a staggering $44 billion three years prior, yet saw its value drastically decrease. The platform, now known as X, has been grappling with significant financial difficulties and scandals under his management. Musk didn’t ignore the remark; instead, he retorted succinctly: “Cheat.

no thank you but we will buy twitter for $9.74 billion if you want

— Sam Altman (@sama) February 10, 2025

OpenAI intends to safeguard its purpose by introducing unique voting rights. Extra voting privileges will be granted to the non-profit sector of the board to ensure the organization’s initial objectives stay unaltered. This decision is significant, as the profit-driven subsidiary might lean towards accepting Musk’s offer instead of flatly turning it down.

OpenAI’s Nonprofit Dilemma

Musk has stated that he would retract his offer if OpenAI continues as a non-profit organization rather than transforming into a Public Benefit Corporation. By valuing OpenAI at $97 billion, however, he complicates the transition significantly because this high estimated value for the non-profit sector makes it more costly for OpenAI to detach from its charitable commitments, as pointed out by experts like Dr. Penn and Lutz Finger, a senior lecturer at Cornell University.

Speaking of Elon Musk, here’s an interesting tidbit: His personal AI, named Grok, is known for its transparency. In a recent interaction, someone posed a question asking who in America should face capital punishment. Initially, Grok responded “Jeffrey Epstein.” However, when reminded that Epstein had already passed away, the AI shifted its answer to “Donald Trump” and on some occasions, even suggested Elon Musk himself.

Jesus Christ dude, what did Musk create lol

— Hunter (@StatisticUrban) February 21, 2025

Later on, a Grok representative explained that the question regarding the death penalty was considered as off-topic and subsequently eliminated from the AI’s response options. It’s important to note that the focus of revision wasn’t on the answer provided, but instead on the question asked, which was taken out.

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2025-02-24 20:41