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Elon Musk claims he was offered shares in OpenAI at "various points" but says it "seemed unethical/illegal to accept them."
OpenAI was created as a nonprofit focused on developing artificial intelligence "in the way that is most likely to benefit humanity as a whole."
In response to an X user's question about his founding donation, Musk added it wasn't clear to him how the company's structure was legal. The billionaire did not say when he was offered the shares, how many, or by whom.
OpenAI was recently valued at about $80 billion, The New York Times reported. The valuation followed a deal that allowed staff to cash out their shares in the company, per the report.
Representatives for OpenAI did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Musk parted ways with the ChatGPT maker in 2018, resigning from its board to "eliminate potential future conflict" due to Tesla's focus on AI.
However, Musk later claimed he quit due to disagreements with the OpenAI team.
The billionaire has continued to be critical of the AI company, especially its multibillion-dollar partnership with tech giant Microsoft. Musk said last year the nonprofit was now focused on "maximum-profit" — something he said had never his intention.
Musk launched his own AI company last year and released a chatbot that competes with OpenAI's chatbot ChatGPT.
FAQs
Yes, Elon Musk was one of the co-founders of OpenAI, an artificial intelligence research organization founded in 2015. However, he left the organization's board in 2018 due to conflicts of interest with his work at Tesla and other companies.
What is the quote by Elon Musk about AI? ›
“AI is a rare case where I think we need to be proactive in regulation than be reactive.”
What are the dangers of AI according to Elon Musk? ›
Elon Musk has warned that artificial intelligence is ''one of the biggest threats'' to humanity. This is because humans face the threat of being outsmarted by machines for the first time.
Who is the biggest shareholder in OpenAI? ›
The OpenAI ownership pie is divided between Microsoft (49%), other stakeholders (49%), and the original OpenAI non-profit foundation, which staunchly preserves its autonomy as the leading firm continues to write OpenAI history. Other OpenAI shareholders include a16z, Sequoia, Tigers Global, and Founders Fund.
Does anyone own OpenAI? ›
While our partnership with Microsoft includes a multibillion dollar investment, OpenAI remains an entirely independent company governed by the OpenAI Nonprofit.
What did Bill Gates say about AI? ›
And the technology available today is already a game changer. This is largely a good thing. We can harness AI to solve our biggest global problems. We are likely to live in decades to come in a world of superabundance.
What jobs will AI not replace? ›
Creative jobs that won't be replaced by AI
- Sculptor.
- Painter.
- Jeweler.
- Dancer.
- Stage actor.
- Watchmaker.
- Glassblower.
- Blacksmith.
AI won't replace humans, but people who can use it will
“If you don't use AI, you are going to struggle since most roles will use some form of AI in the way that they act,” he said.
Does Elon Musk oppose AI? ›
He is not against it. He is just worried about it. Elon Musk is usually far from a technological pessimist. From electric cars to Mars colonies, he's made his name by insisting that the future can get here faster.
What does Mark Zuckerberg say about AI? ›
“Open source will ensure that more people around the world have access to the benefits and opportunities of A.I., that power isn't concentrated in the hands of a small number of companies, and that the technology can be deployed more evenly and safely across society,” Mr. Zuckerberg said. Mr.
Jeff Bezos Says AI Is 'More Likely To Save Us Than Destroy Us' As Amazon Launches AI Bot Built To Extract Your Business Details.
What is Elon Musk's IQ? ›
In summary, Elon Musk is one of the most successful entrepreneurs of our time. He is the founder of Tesla, SpaceX, and several other companies. He is also known for his high IQ. Estimates of Musk's IQ range from 155 to 160.
What did Stephen Hawking think of AI? ›
Hawking cautioned against an extreme form of AI, in which thinking machines would “take off” on their own, modifying themselves and independently designing and building ever more capable systems. Humans, bound by the slow pace of biological evolution, would be tragically outwitted.
What is the biggest threat to mankind with AI? ›
Dangerous capabilities
Advanced AI could generate enhanced pathogens, cyberattacks or manipulate people. These capabilities could be misused by humans, or exploited by the AI itself if misaligned.
Why did Elon leave ChatGPT? ›
Musk in February sued the San Francisco artificial intelligence company and its CEO Sam Altman over what he said was a betrayal of the ChatGPT maker's founding aims of benefiting humanity rather than pursuing profits.
What stock owns OpenAI? ›
Is OpenAI publicly traded? OpenAI remains a privately held company and cannot be accessed on major public exchanges such as NASDAQ or NYSE. Accredited investors can invest in the top private companies like OpenAI before they IPO via secondary marketplaces such as Hiive.
What companies does Elon Musk own? ›
Elon Musk owns six companies in different industries. These include SpaceX (rockets), Tesla (electric cars), X (formerly Twitter), The Boring Company (tunnels), Neuralink (brain technology), and xAI (artificial intelligence).
How much is OpenAI worth? ›
OpenAI is reportedly raising at a $150 billion valuation — making it worth more than 88% of S&P 500 firms.
