Download App

Home

News

Pods

🚀

Startup Showcase

Notifications

Join our whatsapp channel for quick updates

Switch theme

Blog . Feedback . Privacy

Feed Post

Niket Raj Dwivedi
•

Medial • 7m

OpenAI saga- Saturday Startup Story - 5 : In December 2015, Elon Musk, Sam Altman, and others co-founded OpenAI with a mission to ensure artificial general intelligence (AGI) benefits all of humanity. Initially structured as a non-profit, OpenAI aimed to prioritize safety and broad access to AGI advancements. However, in 2019, OpenAI faced the financial realities of AGI research. To secure funding for its ambitious projects, including advanced AI models like GPT-3, OpenAI made a strategic pivot. It transformed into a for-profit organization, OpenAI LP, backed by a capped return structure, ensuring a balance between profitability and its altruistic goals. This move allowed OpenAI to attract substantial investments, including a significant partnership with Microsoft. The for-profit model aimed to accelerate research and development while maintaining transparency and ethical considerations. OpenAI's journey showcases the evolving landscape of AI research, navigating the intersection of technology, finance, and ethical responsibility. On the other hand, Elon Musk is now suing OpenAI and Sam Altman and demanding his investment of $44M back as it’s not a non-profit anymore.

9 replies27 likes

Replies (9)

Anonymous 5

Stealth • 7m

Elon is that child who can’t stand any other kid getting some attention from hot moms

0 replies

Prashant Shankhar

Stealth • 7m

Everytime you sue OpenAI, a new openAI entity will come up💀

0 replies1 like

Pratik Jaluka

Stealth • 7m

At this point, Elon is just doing side quests. He’s the kanye of entrepreneurship game

0 replies1 like

Phanirockzzz

Stealth • 7m

Yup, the drama behind openai will become a web series in future for sure. 1. Elon using due to its not a non profit organization anymore. 2. The way sam altman used and get back as CEO in days. This is cinema dude. 3. I think openai is not very ethical or agi benefit for humanity oriented. They are doing diff stuff. If anything gets out this will be the best web series on tech trust me.

1 replies1 like

Anonymous 4

Stealth • 7m

Altman brothers are both doing well. Just that Sam is doing wayyyyyy better haha. Elon will catch up is my prediction.

1 replies1 like

Priyanshu p

Stealth • 7m

CAN YOU PLEASE ADD BOOKMARK , QUICK REACTIONS ON POST OPTION? A SINCERE REQUEST.

2 replies1 like

Anonymous 3

Stealth • 7m

On his part I think Elon Musk is right that AGI should have been a not for profit cause. Hope he wins.

1 replies1 like

Anonymous 2
•

Atlan • 7m

Elon is jealous that Sama skyrocketed in fame.

2 replies3 likes

Anonymous 1

Stealth • 7m

Movie worthy story.

1 replies1 like

Recommendations from Medial

Havish Gupta

Stealth • 1d

Do you think there was any chance for OpenAI to succeed if it had been founded by a random entrepreneur rather than by founders of billion dollar companies like Elon Musk, Sam Altman, and Ilya Sutskever?

12 replies3 likes

Phanirockzzz

Stealth • 7m

Why open ai and sam altman are becoming a classic Netflix webseries for the future. 1. Ai as an evolution started by openai with their llm chatgpt. Remember whenever an path breaking thing happend in history there is a series on it. 2. Openai at 20

6 replies20 likes

Rahul Gupta

Stealth • 5m

Sam Altman: I don't care if we burn $50 billion a year, we're building AGI and it's going to be worth it.

5 replies9 likes

Mahendra Lochhab

Stealth • 4m

ChatGPT maker OpenAI CEO Sam Altman, his husband Mulherin pledge to donate most of their wealth

7 replies11 likes

Binit shrestha

Stealth • 4m

Sam Altman is considering turning OpenAI into a regular company: Sam Altman, CEO of OpenAI, is thinking about changing OpenAI from a "capped-profit" structure to a regular, for-profit company. OpenAI currently operates with a for-profit branch gover

5 replies10 likes

Srikumar Sahoo

Stealth • 5m

How the Bromance Between Elon Musk and Sam Altman Turned Toxic As Altman’s profile in Silicon Valley rose, he tried to focus tech-industry attention on AI’s potential. In 2014, on his personal blog, he referred to AI as potentially “the biggest deve

9 replies33 likes

K
•

OpenAI • 4m

Sam Altman has invested in more than 400 companies, The Wall Street Journal reported. •Some firms reportedly backed by Altman do business with OpenAI, raising questions about conflicts. •OpenAI says the company carefully manages any potential confl

3 replies10 likes

Chamarti Sreekar

Stealth • 11d

YouTube algorithm started recommending me videos from 6+ years ago with folks from OpenAI. Just realized that Sam Altman back then was President of Y Combinator and Co-Chairman of OpenAI.