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Elon Musk is leading a consortium of investors in a bid to acquire OpenAI, the company behind ChatGPT, for a reported $97.4 billion. This move comes amid a longstanding feud between Musk and OpenAI founder Sam Altman, stemming from Musk's departure from the company in 2019 due to potential conflicts of interest with Tesla's AI development for self-driving cars. The offer aims to buy the biggest name in AI and potentially merge it with Musk’s own AI firm, xAI, which makes the chatbot Grok.

Musk's motivations are complex, potentially driven by a desire to ensure AI advancements benefit everyone, as initially intended when he co-founded OpenAI as a non-profit in 2015. However, his actions could also be interpreted as a power play to gain control over the organization he helped create. The bid could delay or complicate OpenAI’s growth and conversion to for profit as Sam Altman has control of the OpenAI’s board and has already publicly rejected Musk’s offer.

OpenAI, meanwhile, is pushing forward with its ambitious Stargate project, aiming to build AI supercomputing data centers. Despite this it faces concerns over funding, energy consumption, and competition from other AI research firms.

ImgSrc: digitalinfranet

References :

• digitalinfranetwork.com: Stargate: OpenAI’s bid to rule AI- but at what cost?
• NextBigFuture.com: What Is the Game With Elon Bidding $97.5 Billion for OpenAI?
• GZERO Media: Elon Musk is leading a contingent of investors seeking to buy OpenAI, the developer of ChatGPT.
• Daily Express US :: Feed: Elon Musk co-founded OpenAI as a charity in 2015, but stepped back from the organization in 2019, citing a potential conflict of interest as Tesla began to develop AI for self-driving cars
• www.verdict.co.uk: Altman rejects Musk’s $97bn OpenAI offer with counterproposal

Classification:

• HashTags: #OpenAI #AISafety #SamAltman
• Company: OpenAI
• Target: AI research community
• Product: ChatGPT
• Feature: Artificial General Intelligenc
• Type: AI
• Severity: Medium