Mon, 17 Feb 2025

Mon, 17 Feb 2025 Could Musk damage OpenAI despite his failed bid?

Elon Musk's goal might be hindering the growth potential of the AI firm of his rival Sam Altman, experts say.
OpenAI's board rejects Elon Musk's $97.4bn offer, but experts say it may complicate CEO Sam Altman's plans to transform OpenAI from a non-profit controlled entity to a for-profit company. Musk is trying to inflate the perceived value of OpenAI's non-profit arm to raise costs for Altman to change its structure. OpenAI's unusual structure involves a partnership between non-profit and for-profit arms, which Musk is trying to maintain to hinder Altman's plans. Experts suggest that Musk has ulterior motives linked to his own AI company xAI and chatbot Grok, which have received a lacklustre response from the public. The dispute between Musk and Altman is also playing out in court, where US district judge Yvonne Gonzalez Rogers is considering Musk's request for an injunction to block OpenAI's planned conversion.
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