OpenAI's board rejected Elon Musk's $100bn offer, which, despite being deemed unsuccessful, may impact CEO Sam Altman's strategy to shift OpenAI from a non-profit to a for-profit model. Experts suggest Musk's actions are designed to inflate the perceived value of OpenAI's non-profit arm, complicating the cost of its transition. The controversial bid came after OpenAI was recently valued at $157bn, with estimates now reaching $300bn, highlighting tensions between maximizing growth and adhering to original non-profit principles in AI development.
By Musk putting a price tag on the non-profit part, he makes the split way more expensive for Altman to do. It's very simple.
What Musk is trying to do here is raise the perceived value of the non-profit arm of OpenAI, so that OpenAI has to pay more to get out of the obligations.
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