Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12762
Markets: 99573
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12762
Cryptocurrencies
58.67%
Bitcoin Share
CoinGape 2025-01-23 08:02:21

Elon Musk Slams Sam Altman Amid OpenAI’s For-Profit Move & Anti-Trump Funding

Elon Musk Slams Sam Altman Amid OpenAI’s For-Profit Move & Anti-Trump Funding

American entrepreneur and billionaire Elon Musk recently slammed OpenAI CEO Sam Altman in light of the AI giant’s latest for-profit chronicles. Notably, the Tesla & SpaceX CEO has called Altman “a liar” as he looks to acquire 7% equity in the AI firm amid its shift from a non-profit entity. Meanwhile, with recent reports revealing that the AI firm also funded the anti-Trump media house Axios, the AI giant remains under severe scrutiny. Elon Musk Takes A Dig At Sam Altman, Here’s Why In an X post dated January 23, the Tesla & SpaceX lead Elon Musk stated, “Altman literally testified to Congress that he wouldn’t get OpenAI compensation, and now he wants $10 billion! What a liar.” This statement comes against the backdrop of the AI giant’s for-profit shift and decision to hand over 7% equity to its CEO, Altman. Previous reports revealed that Altman is to get 7% of equity in the AI firm as it looks to restructure its business model. In light of this saga, CoinGape reported earlier that Elon Musk called the AI giant a ‘profit-maximizer.’ Altogether, the recent rebuking by the Tesla & SpaceX CEO aligns with past chronicles, underscoring unhappiness with the AI firm’s decision to shift to a for-profit organization. OpenAI Under Scrutiny Amid Anti-Trump Media House Funding In another recent development, IBC Group co-founder Mario Nawfal has spotlighted on X that the Altman-led AI giant funds Axios, a media outlet that blasts president-elect Donald Trump. Notably, Nawfal revealed that the AI entity’s “three-year deal marks OpenAI’s first direct control of newsroom operations,” sparking speculations as Axios has been seen attacking Trump’s immigration policies on religious grounds following his inauguration. Besides, it’s also noteworthy that Trump announced ‘Stargate formation ,’ bolstering the ChatGPT maker and other firms’ AI ventures with massive investments. The abovementioned anti-Trump funding has emerged as contrary to this news, with Elon Musk also reacting to this saga on X. Elon Musk vs Sam Altman: What’s The Scoop? This simmering feud between the Tesla lead and Sam Altman began primarily due to the ChatGPT maker’s decision to shift from a non-profit to a for-profit organization. Musk, being one of the earlier backers of OpenAI as it initially originated as an open source, has condemned the AI giant for this shift. In the aftermath of the feud, numerous lawsuits between the two American entrepreneurs surfaced, sparking industry discussions globally. Besides, the abovementioned chronicles appear to have further presented the AI firm with quite the backlash across the broader sector. The post Elon Musk Slams Sam Altman Amid OpenAI’s For-Profit Move & Anti-Trump Funding appeared first on CoinGape .

Most Read News



Cryptohopper
Market Cap
24h Vol
58.67%
Bitcoin Share
263
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.