AssetID: 53543993
Headline: UNCAPTIONED: Elon Musk's Emails Are Published by OpenAI
Caption: Elon Musk’s Emails Are Published by OpenAI. Musk recently sued OpenAI for shifting from non-profit operations to a for-profit model. Musk, an OpenAI co-founder and early investor, says he wants the company to get back to its original goal of creating AI for the benefit of humanity, not revenue. He also wants company co-founders Sam Altman and Greg Brockman to pay back any profit they received. Now, the ChatGPT maker is calling Musk out, releasing redacted emails that seem to show him agreeing that the company needed to adopt a for-profit model to advance its projects. "This needs billions per year immediately or forget it. I really hope I’m wrong." Elon Musk, via an email dated Dec. 26, 2018, provided by CNN. He went on to suggest a $1 billion funding commitment and pledged to cover the remainder of whatever was not raised. Musk ultimately contributed $45 million to OpenAI's funding, and $90 million was raised through other donors, CNN reports. He never fulfilled his promise to fund the rest, CNN reports. "We all understood we were going to need a lot more capital to succeed at our mission — billions of dollars per year, which was far more than any of us, especially Elon, thought we’d be able to raise as the non-profit." OpenAI, via blog post. In 2019, OpenAI became a for-profit entity and now has a $90 billion valuation. Microsoft has committed $13 billion to their cause. "We’re sad that it’s come to this with someone whom we’ve deeply admired—someone who inspired us to aim higher, then told us we would fail, started a competitor, and then sued us when we started making meaningful progress towards OpenAI’s mission without him." OpenAI, via blog post. THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Elon Musk,Open AI,Emails,Mogul,Operations,Non-profit,Sued,Published,Model,Original,Sam Altman,Greg Brockman,Pay,Co-founders,Company
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