🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Elon Musk says he was offered shares in OpenAI but didn't accept them because it 'seemed unethical'
Business Insider
·
1y ago
Medial
Elon Musk claims he was offered shares in OpenAI but found it unethical or illegal to accept them. OpenAI, a nonprofit focused on AI development, was founded in 2015 with Musk pledging $1 billion. The company's recent valuation stands at around $80 billion. Musk left OpenAI in 2018 and cited disagreements with the team. He has been critical of OpenAI's partnership with Microsoft, stating that it prioritizes profit over its original mission. Musk has since launched his own AI company and released a competing chatbot.
View Source
Related News
There's one signature on OpenAI's clapback against Elon Musk that people are buzzing about
Business Insider
·
1y ago
Medial
OpenAI has responded to Elon Musk's allegations that its partnership with Microsoft goes against its initial mission as an open-source nonprofit. The response, which included snapshots of emails between Musk and OpenAI executives, was signed by five people including Ilya Sutskever. This is the first time Sutskever's involvement with OpenAI has been made public in months. Last year, Sutskever was involved in firing OpenAI co-founder Sam Altman, but later reversed his position and expressed regret. Musk had previously offered Sutskever a position at his own AI startup, xAI. Given Sutskever's role in OpenAI's response, it is unlikely he will accept Musk's offer now.
View Source
Why are Elon Musk and Sam Altman fighting?
Inshorts
·
5m ago
Medial
Elon Musk co-founded OpenAI with Sam Altman in 2015 but later parted ways with OpenAI. Musk repeatedly attacked Altman for prioritising profits over AI's ethical development. In 2017, Musk sought to become OpenAI's CEO, but co-founders rejected the idea. Musk launched OpenAI's rival xAI in 2023. Recently, Musk offered to buy OpenAI for $97.4 billion, but Altman rejected the offer.
View Source
Silicon Valley moguls are weighing in on Elon Musk's battle with OpenAI and it's getting cattier than a 'Real Housewives' reunion
Business Insider
·
1y ago
Medial
Elon Musk sued OpenAI and its CEO, Sam Altman, accusing them of violating their nonprofit mission by partnering with Microsoft. This move didn't sit well with OpenAI's backer, Vinod Khosla, who criticized Musk for not staying committed and engaging in a rival effort. Venture capitalist Marc Andreessen also took shots at Khosla, accusing him of lobbying to ban open source. Musk has been critical of Altman's leadership and stated that OpenAI has deviated from its original purpose of being an open-source, nonprofit company. Altman and his team believe Musk's grievances stem from regrets about not being involved with the company.
View Source
Musk says Tesla is boosting engineer pay in AI talent war
Livemint
·
1y ago
Medial
Tesla is reportedly increasing salaries for its AI engineers to prevent them from being poached by OpenAI. CEO Elon Musk acknowledged that OpenAI has been aggressively recruiting Tesla engineers with lucrative offers and has succeeded in some cases. Musk referred to it as the "craziest talent war" he has ever seen. This comes as a response to reports of a Tesla machine-learning scientist leaving to join Musk's AI startup, xAI. Musk had initially supported OpenAI but has since had a falling-out with the company.
View Source
Sam Altman shuts down Elon Musk’s $97.4 billion bid for OpenAI: ‘No thank you’, makes counter offer for X
Livemint
·
5m ago
Medial
Elon Musk, backed by his company xAI and several investors, offered $97.4 billion to buy OpenAI's non-profit arm. This proposal intensified the rivalry with OpenAI, as Musk criticized OpenAI for straying from its original mission. OpenAI CEO, Sam Altman, publicly rejected the bid, humorously suggesting buying Musk’s X platform instead. OpenAI, co-founded by Musk and Altman, evolved from its non-profit roots to form a for-profit structure, prompting further disagreement between the two.
View Source
Viral video: Sam Altman blasts Elon Musk says, ‘his whole life is from a position of insecurity’ | Mint
Livemint
·
5m ago
Medial
Sam Altman and Elon Musk, once allies in creating OpenAI, are now fierce rivals. Musk recently attempted a $97.4 billion takeover of OpenAI's non-profit arm, which was rejected. Altman criticized Musk, describing him as "insecure" and "unhappy" during a Bloomberg interview. He asserted that OpenAI, with its mission, isn't for sale and suggested Musk's actions were attempts to hinder them competitively. Altman once expressed interest in acquiring Twitter for $9.74 billion following Musk's $44 billion purchase.
View Source
OpenAI apparently hasn’t actually received Elon Musk’s acquisition offer.
The Verge
·
5m ago
Medial
Elon Musk offered to acquire OpenAI for $97.4 billion, but OpenAI has not received a formal proposal. Sam Altman informed employees that the board, which he is part of, has no official offer and plans to reject the bid if it comes. OpenAI staff reacted with fear and frustration over Musk's acquisition news.
View Source
US sues Elon Musk for allegedly failing to disclose early Twitter stock purchase
Inshorts
·
6m ago
Medial
The US Securities and Exchange Commission has sued Elon Musk for allegedly failing to disclose his ownership of Twitter stock and later acquiring shares in the company at artificially low prices. The lawsuit seeks to force Musk to pay civil fine and disgorge profits he didn't deserve. Musk purchased Twitter for $44 billion in October 2022, and renamed it X.
View Source
Elon Musk says posts added to ‘Highlights Tab’ will have higher reach
Livemint
·
1y ago
Medial
Elon Musk has announced that posts added to the 'Highlights' tab on X (formerly Twitter) will receive a 'slight boost' in reach. This feature allows premium users to curate and showcase their most interesting posts. Musk previously mentioned this feature in November last year, promising greater reach for highlighted posts. In other news, Musk's AI startup, xAI, is going open-source next week, following the trend of companies like Meta and France's Mistral. This move comes amidst a lawsuit filed by Musk against OpenAI, accusing them of straying from their non-profit mission.
View Source
Inside Twitter's first-ever company retreat: Jack Dorsey's parents posed for selfies, Elon Musk was a no-show, and employees meditated with the billionaire founder
Business Insider
·
1y ago
Medial
The article describes Twitter's first-ever company retreat, where CEO Jack Dorsey led a meditation session and shared his personal lifestyle practices, including starting the day with a special "wake-me-up" cocktail. The event aimed to boost morale and unity among employees after challenges faced by the company. Dorsey's parents also participated, becoming celebrities within the company. However, a planned appearance by Elon Musk didn't materialize. The retreat seemed to have a positive impact, with increased enthusiasm, collaboration, and retention reported amongst employees.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
