New Delhi: As Microsoft-owned OpenAI rakes in big moolah after its ChatGPT AI conversational chatbot became a rage globally, Elon Musk on Thursday again raised questions over how a non-profit has become a $30 billion maximum-profit company for Satya Nadella-run tech giant.
Musk had donated $100 million to OpenAI. He stepped down from OpenAI’s board of directors in 2018 and no longer owns a stake in the company.
“I’m still confused as to how a non-profit to which I donated $100 million somehow became a $30 billion market cap for-profit. If this is legal, why doesn’t everyone do it?” he quipped.
He has also paused OpenAI access to Twitter database.
OpenAI was founded as a non-profit artificial intelligence research company in 2015.
Its research director was Ilya Sutskever, one of the world experts in machine learning and CTO was Greg Brockman, formerly the CTO of Stripe.
OpenAI’s co-chairs were Sam Altman and Musk.
The Twitter CEO in February this year also raised the same question, saying OpenAI was created as an open source (which is why I named it “Open” AI), a non-profit company to serve as a counterweight to Google.
“But now it has become a closed-source, maximum-profit company effectively controlled by Microsoft. Not what I intended at all,” he posted, criticising Microsoft for making profits via OpenAI.
The AI chatbot ChatGPT, developed by OpenAI which is now a Microsoft company, has become a rage and the tech giant has infused $10 billion into it to make it more useful for across industries.
IANS
Sundar Pichai promises more capable Bard AI chatbot soon
San Francisco: After facing criticism about his ChatGPT rival called Bard, Alphabet and Google CEO Sundar Pichai has said that the company will soon release more capable AI models. Bard...
Tech spending in India poised to grow by 9.6% this year
New Delhi: Tech spending in India is poised to grow by 9.6 per cent this year and the IT spending growth is set to regain pre-pandemic levels, with 2024 expected...
Indigo, Virgin Atlantic expand codeshare, open up new destinations
New Delhi: Indigo and Virgin Atlantic have expanded their codeshare, opening up an array of new destinations across India. Air passengers will now be able to book one ticket which...
Tier 2-3 cities drive the growth of India’s direct selling industry
New Delhi: There was a time when Indias economic growth was driven by metropolitan and Tier 1 cities. However, thanks to big and rising ambitions, Tier 2 and Tier 3...
HP Inc to further boost its local manufacturing footprint in India: CEO
Chicago: As supply chain disruptions continue to haunt tech companies globally, PC and printer major, HP Inc is bullish on manufacturing its next-gen range of products locally in India, to...
Alibaba shares jump after breakup plan announced
Singapore: Shares of Chinese technology giant Alibaba have jumped after it announced a plan to break up the company. The firm says five of the six units created by the...
Apple contribution to ‘Make in India’ smartphone reaches 25% in value terms
New Delhi: 'Make in India' shipments from Apple grew 65 per cent (on-year) by volume and 162 per cent by value, taking the brand's value share to 25 per cent...
Realme bumps up India hiring, Madhav to still look after India strategy
New Delhi: As realme's Madhav Sheth accepts the new role of VP for Business and Corporate Strategy (Global), he would still look after the India market which is strategically important...
Emerging headwinds could pose challenge in short-term for housing sector
New Delhi: Even as the sales in the housing sector have witnessed growth in the first quarter of the current year, emerging headwinds could pose a challenge in the short-term....
Disney’s 1st job cut round begins this week, 7K employees to be hit: CEO
San Francisco: Disney will begin its first round of layoffs at the company this week. In total, the media and entertainment company will sack 7,000 employees in three rounds, its...
Walmart laying off hundreds of employees to prepare for future needs of customers
San Francisco: Retail giant Walmart is laying off hundreds of employees at its e-commerce facilities across the US as part of an adjustment in staffing "to better prepare for the...
BYJU’s, Aakash deny merger talks with rival Unacademy
New Delhi: Edtech major BYJU's on Friday denied reports that it is considering a merger of rival Gaurav Munjal-run Unacademy into Aakash Educational Services. Reacting to a Money Control report...
