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Silicon Valley moguls are weighing in on Elon Musk's battle with OpenAI and it's getting cattier than a 'Real Housewives' reunion

Business InsiderBusiness Insider · 1y ago
Silicon Valley moguls are weighing in on Elon Musk's battle with OpenAI and it's getting cattier than a 'Real Housewives' reunion
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.

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Silicon Valley's elite are moralizing about the future of AI

Business InsiderBusiness Insider · 1y ago
Silicon Valley's elite are moralizing about the future of AI
Medial

The lawsuit between Elon Musk's Neuralink and OpenAI has sparked a debate about the future of artificial general intelligence (AGI) and the role of open versus closed models. Musk argues that OpenAI has strayed from its mission to benefit humanity and instead prioritizes profits. The clash has led to discussions about the ethical implications and national security considerations of AI development. Silicon Valley leaders, including Marc Andreessen and Vinod Khosla, have expressed their opinions on the matter, highlighting the need for transparency and the involvement of a larger community in AI development. The outcome of the legal battle will have significant implications for the AI industry as a whole.

Elon Musk fired 80% of Twitter, and Silicon Valley adopted practice: Report

LivemintLivemint · 1y ago
Elon Musk fired 80% of Twitter, and Silicon Valley adopted practice: Report
Medial

Elon Musk's acquisition of Twitter for $44 billion in 2022 led to a drastic downsizing of the company. Musk sent in loyalists to evaluate employees and subsequently cut 6,000 workers, or 80% of the workforce. This move shocked the industry, and many departments, including diversity and inclusion and product and design teams, were heavily affected. Musk's intention was to rebuild the business with a clean slate, but the extensive cuts left gaps to fill and resulted in chaos. This downsizing approach set a new standard, and other Silicon Valley giants, such as Meta and Google, followed suit with their own layoffs. Despite the challenges, Twitter (now called X) has endured, albeit with a decreased valuation of $14 billion compared to the initial $44 billion. Investors are hoping to participate in Musk's future successful projects to recoup their losses from the Twitter acquisition.

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