WASHINGTON: Elon Musk is leading investors in a $97.4 billion bid to acquire OpenAI, ChatGPT’s parent company. This potential acquisition could significantly impact the future of artificial intelligence.
Musk vs. Altman
Musk has repeatedly clashed with OpenAI CEO Sam Altman over the company’s direction. He accuses OpenAI of abandoning its nonprofit mission for profit. Musk claims OpenAI misrepresented itself as a philanthropic organization while shifting to a commercial model.
OpenAI’s Structure
OpenAI operates as a nonprofit overseeing OpenAI LP, a for-profit entity. Altman is credited with turning OpenAI into a multibillion-dollar company. The proposed deal could give Musk majority control, directly challenging his rival’s leadership.
Investor’s Statement
Attorney Marc Toberoff, representing Musk’s group, criticized OpenAI’s leadership. He stated, “It’s time for OpenAI to return to open-source and safety-focused AI development.” Investors believe OpenAI should compensate its nonprofit arm for lost control.
Altman’s Response
Altman quickly dismissed Musk’s offer on X. He posted, “No thank you but we will buy Twitter for $9.74 billion if you want.” The rivalry between Musk and Altman has intensified since Musk left OpenAI in 2018.
Origins of OpenAI
OpenAI was founded to address artificial general intelligence (AGI) risks. Early on, it pledged transparency and oversight to ensure AI safety. However, with investors like Microsoft and Thrive Capital, the company faced financial pressures.
Profit vs. Ethics
Investors expect OpenAI to grow and deliver returns. Altman likely pushed the company to commercialize its AI products quickly. Rushed development risks unintended consequences, especially with AI capable of mimicking human speech and behavior.
Leadership Turmoil
In 2023, OpenAI’s board briefly fired Altman before reinstating him. The board was concerned that OpenAI prioritized growth over safety. Leadership changes followed, as critics raised ethical concerns about AI development.
Musk’s Lawsuits
Musk sued OpenAI in June 2024 but later dropped the case. OpenAI released Musk’s old emails acknowledging the need for significant funding. These messages contradicted Musk’s claim that OpenAI wrongly pursued profit.
New Legal Battle
In August 2024, Musk filed another lawsuit, accusing OpenAI of prioritizing profit over AI safety. He also alleged racketeering against the company. OpenAI countered that Musk was upset about losing influence after leaving in 2018.
Future Uncertain
If Musk succeeds, OpenAI’s leadership and mission could shift. However, strong opposition from Altman and investors may prevent the acquisition. The battle for control over OpenAI’s future continues.
