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You are at:Home » What led to the billionaire AI brawl
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What led to the billionaire AI brawl

Adnan MaharBy Adnan MaharJanuary 23, 2025No Comments4 Mins Read0 Views
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Arguably, this week after President Donald Trump announced his $500 billion Stargate Initiative, which powers Altman’s Openai, the company’s victory in the arms race with Musk’s Xai. This week, a dispute between arguably two of the biggest names in other AI companies has exacerbated a beef that dates back several years.

Elon Musk, left, and Sam Altman appear together in 2015.

Getty Images from Vanity Fair

timeline

January 23, 2025Trump brought the feud between Altman and his close ally Musk onto the national stage, telling reporters, “Elon doesn’t like one of those people.” Another Mean Tweet, And Maybe You Love Yourself…”, in response to a flurry of negative tweets about Stargate and Altman, made one that made Musk look like a pointy digger. Masu.

January 22, 2025Musk questions whether the “fake” Stargate secured the announced funds and ripped into Altman on I reshared a post from 2021 celebrating loss. “We believe Musk is a ‘good guy,’ and his criticism stems from his involvement in OpenLy’s rivals,” writing that “what’s great for your country isn’t always what’s best for your company.”

January 21, 2025Altman appeared alongside Trump as Trump announced the $500 billion Stargate joint venture aimed at building the physical data centers needed to power Open Man’s artificial general intelligence ambitions. did. He said the project would not have been possible “without you.”

March 1, 2024Musk initially sued Openai for allegedly becoming a “closed-source de facto subsidiary” of investor Microsoft, and in November secured a preliminary injunction to stop “market mining gorgon” Openai from becoming a commercial entity. Followed by orders, later called, and later called, in an October interview with Tucker Carlson, Altman “unreliable.”

July 12, 2023Musk created the generative AI chatbot Grok, which he described as an anti-“woke” response to Openai’s ChatGPT program, on November 30, 2022, and was released to significant fanfare on November 30, 2022. I created the AI ​​chatbot Grok.

2018Musk is leaving Open Ally’s board in a decision the organization described at the time as “elon’s elimination of potential future conflicts.” Painting a more contentious picture after Openai spoke about what happened next, Musk said the company would take a more than 50% stake and CEO role in the for-profit Openai and seek to integrate Openai into Tesla. said he left Openai after reprimanding his attempts to do so.

2015Altman and Musk are among Openai’s 11 co-founders and serve as co-chairs of the nonprofit research organization. Altman, Musk, and billionaire venture capitalists Reid Hoffman (a well-known Democratic megadonor) and Peter Thiel (a well-known GOP megadonor) are among those who injected Openai with its $1 billion founding. According to Reid Hoffman (famously known as Megadonor) in his introductory blog post.

important background

Musk and Altman’s public spat is front and center in the messy AI Arms race between Openai and Xai, with other competitors including Alphabet Parent Google, Facebook Parent Meta, and Amazon-backed startup Humanity . Microsoft has been Openai’s most notable investor, injecting around $14 billion into ChatGpt’s parent over the past five years, making it the world’s largest company and leading AI Tech Architect Nvidia to buy the company for $157 billion. We invested in Openai’s latest funding round. This is greater than Private Mankind and Xai’s respective valuations of $60 billion and $50 billion. Stargate is a joint venture between Openai, cloud computing giant Oracle, and foreign investment groups MGX and SoftBank that has secured an initial commitment of $100 billion and $500 billion over the next four years, with US, Trump, We’ve built AI infrastructure that includes The Trump, Trand, The. The companies announced this week.

Forbes rating

Musk is the richest person on the planet, with an estimated net worth of $425 billion. Less than $5 billion of that comes from Xai’s 54% stake, but his stakes in Tesla and SpaceX, both of which he also leads as CEO, make up the bulk of his wealth. Altman is a 2,543-year-old wealthy man with a fortune of $1.2 billion thanks to early investments in companies such as social media company Reddit and financial technology company Stripe. Altman has no stock in Openai, so Forbes’ estimate of Altman’s fortune does not take Openai into account, but Bloomberg reports that Openai gave Altman a 7% stake and Openai’s latest $11 billion. The company reports that it has granted shares worth . Valuation of $157 billion.

Read more

forbesMusk slams Trump’s new Stargate AI initiative as ‘fake’ along with Open and Oracle.by Derek Saul
forbesOpenai’s Sam Altman says he “changed his perspective” on Trump.by Thai Roosh



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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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