#for-profit-restructuring

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fromArs Technica
10 hours ago

Elon Musk tried to hire OpenAI founders to start AI unit inside Tesla

They all think Elon is an incredible human being but that he really hasn't done his homework AI/AGI and that really concerns them about working with him. This statement from Zilis to Musk's chief of staff in February 2018 encapsulates the founders' reservations about Musk's involvement in the company's strategic direction.
Artificial intelligence
Toronto startup
fromwww.theguardian.com
1 day ago

Shivon Zilis, mother of Elon Musk's children, testifies in lawsuit against OpenAI

Shivon Zilis testified in Musk's case against OpenAI, alleging a secret relationship and claims of broken agreements by OpenAI's leadership.
fromBusiness Insider
6 months ago

'Peacetime CEO': Microsoft resolves major dispute with OpenAI ahead of earnings

On Tuesday's "TPBN" podcast, the show hosts John Coogan and Jordi Hays spoke with Microsoft CEO Satya Nadella after the announcement, noting that he is now a "peacetime CEO," as the dispute with OpenAI has been resolved. "I think AI and everything that it entails is going to be a core driver, and some of it'll come from just this intelligence and this sort of continual march of capability," Nadella said in response to the hosts' question on what he expects from the OpenAI agreement.
Artificial intelligence
fromBusiness Insider
7 months ago

Microsoft is close to getting a giant new equity stake in OpenAI. It could be worth at least $150 billion.

OpenAI announced last week that it's restructuring itself into a for-profit public benefit corporation. The move will create traditional stock that enables investors to get equity stakes in the business. As part of this, Microsoft will likely get a new equity stake in OpenAI that could be worth at least $150 billion, according to analysts at BNP Paribas and other estimates.
Artificial intelligence
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