The top line
The dispute between two of the biggest names in creative artificial intelligence — billionaires Sam Altman and Elon Musk — erupted this week when President Donald Trump announced a $500 billion Stargate initiative that would bolster Altman’s OpenAI. Milli, the company’s victory in the arms race against Musk’s XAI. Other AI companies, however, are raising a beef that spans several years.
Elon Musk, left, and Sam Altman appear together in 2015.
Time line
Trump brought the feud between Altman and Musk, a close associate, to a national level. to tell The reporter “doesn’t like one of the people” involved in Stargate, apparently referring to Altman, who wrote on Musk’s X social media platform earlier Thursday, “Just another Meaningful tweet and then maybe you’ll love yourself…” Musk was quoted as saying in response to his negative tweets about Stargate and Altman.
Musk asked Whether the “fake” Stargate received the announced funding and tear up i Altman on X, also referred to him as a “cheater” and a “liar”. Sharing again Altman’s 2021 post celebrates Trump’s 2020 election loss – Altman kicked out Back he doesn’t think Musk is a “good person” and his criticism of Musk stems from his involvement with OpenAI’s rival, writing “What’s best for the country isn’t always best for your companies.”
Altman appeared with Trump to announce the $500 billion Stargate joint venture aimed at building the physical data centers needed to power OpenAI’s artificial general intelligence ambitions, specifically with Trump. Appreciation Altman as “the leading expert of all time” in generative AI, and Altman praised Trump, saying the project would not have been possible “without you.”
Musk in the beginning The case OpenAI is reportedly set to become a “closed-source de facto subsidiary” of its investor, Microsoft. The following above in November with an initial injunction to prevent the “market-crippling gorgon” OpenAI from becoming a profitable entity, while later calling Altman “someone who can’t be trusted” in an October interview with Tucker Carlson. gave
Musk declares His own generative AI startup, xAI, is building a generative AI chatbot guru that he described As a “woke” reaction to OpenAI’s ChatGPT program, which was released to the public on November 30, 2022 with significant fanfare.
Musk left OpenAI’s board of directors in the organization’s decision. described At the moment “a potential future conflict for Elon…as Tesla is focusing more on AI”, alluding to autonomous driving from the electric vehicle company, although OpenAI later Count again The situation paints a more controversial picture, saying that Musk left OpenAI after the company tried to hold more than 50 percent of the equity and the role of chief executive in the profitable OpenAI, or integrate OpenAI into Tesla. Reprimanded.
Altman and Musk are among the 11 co-founders of OpenAI, which serves as co-chairs of the nonprofit research organization “with a mission to advance digital intelligence in a way that makes the overall is more likely to benefit humanity, due to the need to generate unlimited financial returns,” according to its introduction Blog postwhich noted that Altman, Musk, and billionaire venture capitalists Reid Hoffman (famously a Democratic megadonor) and Peter Thiel (famously a GOP megadonor) were among those who backed OpenAI with $1 billion. It was founded.
Key background
Musk and Altman’s public spat is front and center in the messy AI arms race between OpenAI and xAI, which includes other rivals including Alphabet parent Google, Facebook parent Meta and Amazon-backed startup Anthropic. Microsoft is OpenAI’s most notable investor, having invested nearly $14 billion in ChatGPT parent over the past five years, the world’s largest company, along with leading AI tech architect Nvidia, OpenAI’s most recent funding round. invested in which valued the company at $157 billion. That is more than 60 billion dollars. 50 billion dollars Also relative values of private anthropic and xAI. Stargate OpenAI, a joint venture between cloud computing giant Oracle and foreign investment groups MGX and SoftBank, has secured an initial commitment of $100 billion and $500 billion to build AI infrastructure, including data centers in the US. The companies announced this week.
Forbes Valuations
Kasturi is easily the richest person on the planet with a net worth of $425 billion. Less than $50 billion of that comes from his 54% stake in xAI, while his stakes in Tesla and SpaceX, both of which he also leads as CEO, make up the bulk of his wealth. . Altman is the 2,543rd richest person with a fortune of $1.2 billion, mostly thanks to early investments in companies such as social media company Reddit and financial technology company Stripe. Altman does not own equity in OpenAI, so Forbes estimates of Altman’s fortune are not for OpenAI, although Bloomberg Reports OpenAI has discussed giving Altman a 7% equity stake in the company, a stake that would be worth $11 billion at OpenAI’s recent $157 billion valuation.
Further reading
