Elon Musk leads an offer to buy ChatGPTs parent company for nearly $100 billion
CNNJAN 31
Musk Makes $97.4B Bid for OpenAI Amid Leadership Feud
Above: The logo of 'OpenAi' is displayed on a mobile screen in front of a computer screen displaying photographs of Elon Musk and Sam Altman, on March 14, 2024. Image copyright: Muhammed Selim Korkutata/Anadolu via Getty Images
The Spin
Narrative A
OpenAI must transition to a for-profit structure to secure the massive investments needed to develop advanced AI models and maintain competitiveness in the evolving AI landscape. It has already demonstrated success through ChatGPT's rapid adoption and projected $11.6B in revenue this year. A role for Musk would further broaden its horizons.
Narrative B
Musk's criticism of AI "wokeness" and unsupported claims about AI bias appear to mask his true motives: undermining competitors while promoting his own AI venture, xAI. His inflammatory rhetoric and personal attacks on Altman reveal less about AI ethics and more about his apparent desire to dominate the AI landscape.