Categories: Business

What led to a billionaire fight with AI

Upper line

The dispute undoubtedly between the two biggest names in generative artificial intelligence – billionaires Sam Altman and Elon Musk – broke out this week after President Donald Trump announced a Stargate initiative of $ 500 billion strengthening the Openai D ‘Altman, a victory for the company in its arms race against Musk XAI and other AI companies, exacerbating a problem that dates back several years.

Chronology

January 24, 2025Musk republishes on his social media platform X a negative editorialized summary of a financial timing report on Stargate – the anonymous source report indicates that the project has not yet obtained the required funding, including an undeveloped quote according to which They “did not understand the structure, they did not understand the funding, they do not have the money hired – while the summary of the character of X News, Mario Nawfal, said that Stargate” collapses Already before even starting “, which Musk shared with the comment,” exactly. “

January 23, 2025Trump carries the quarrel between Altman and his close Musk ally on the national scene, declaring to journalists “Elon does not like one of these people” involved in Stargate, apparently referring to Altman, who wrote on Thursday on X , “just one more bad guy”. Tweet and maybe you will like yourself … “, doing what seemed to be a sharp picnic in Musk in response to his wave of negative tweets on Stargate and Altman.

January 22, 2025Musk wondered if the “false” Stargate had obtained the announced funding and torn Altman on X, calling it “crook” and “liar”, also sharing the message of 2021 Altman celebrating the electoral defeat of Trump in 2020 – Altman retaliated, he doesn’t. I do not think that Musk is a “kind person” and Musk’s criticisms stem from his involvement in his Openai rival, writing “what is great for the country is not always what is optimal for him”. your businesses.

January 21, 2025Altman appeared alongside Trump to announce the Stargate joint venture of $ 500 billion aimed at building the physical data centers necessary to fuel the ambitions of general artificial intelligence of Openai, Trump notably praising Altman as “by far the main expert “In generative AI, and Altman praising Trump, saying that the project would not have been possible” without you “.

March 1, 2024Musk initially continued Openai to have pretended to have become a “de facto subsidiary at closed source” of its Microsoft investor, followed in November from a preliminary injunction to prevent the paralyzing Gorgon of the Market “from becoming a for -profit entity, everything By later calling Altman “someone who is not trustworthy” in an interview in October with Tucker Carlson.

July 12, 2023Musk announces his own generative IA startup, XAI, creating the Grok generative IA chatbot which he described as an anti-award response to the Openai Chatgpt program, which was made public on November 30, 2022 with great fanfare .

2018Musk leaves the board of directors of Openai in a decision that the organization described at the time as the elimination of “a potential future conflict for Elon … while Tesla continues to focus more on AI”, Referring to the thrust of the manufacturer of electric vehicles to autonomous driving. The subsequent account of the circumstances by Openai has brushed a more controversial table, saying that Musk left Openai after the company reprimanded its attempts to have more than 50 % of the capital and the role of director general of a for -profit OPENAI , or to merge OPENAI in Tesla.

2015Altman and Musk are among the 11 co -founders of Openai, co -chairs of the non -profit research organization whose mission is to “advance digital intelligence in the most likely way to benefit humanity as a whole , without being constrained by the need to generate data ”. Financial return “, according to his introductory blog article, which noted that Altman, Musk and billionaires of venture capital Reid Hoffman (famous democratic megadonator) and Peter Thiel (famous megadonator of the GOP) were among those who injected into OPENAI $ 1 billion when it was created.

Key

The public quarrel between Musk and Altman is at the center of the armed race disorderly in terms of AI between Openai and Xai, with other competitors, including Google, the mother company of Alphabet, Meta, the mother company of Facebook, And the anthropic startup, supported by Amazon. Microsoft is the most notable investor in Openai, injecting around $ 14 billion in the parent company Chatgpt in the past five years, while the largest company in the world, the main technological architect in AI, Nvidia, has invested In the latest Openai financing cycle which valued the company at $ 157 billion. It is more than the respective valuations of 60 and 50 billion dollars of anthropic and xai, also private. Stargate is a joint venture between Openai, the cloud computing oracle and foreign investment groups MGX and SoftBank who obtained an initial commitment of $ 100 billion and $ 500 billion over the next four years to build a infrastructure of AI, including data centers, in the United States, Trump and the companies announced this week.

Forbes assessments

Musk is by far the richest person on the planet, with a net value estimated at $ 425 billion. Less than $ 50 billion comes from his participation of 54 % in XAI, while his participations in Tesla and SpaceX, which he also directs as CEOs, represent the majority of his wealth. Altman is the 2,543rd richest person with a fortune of $ 1.2 billion, mainly thanks to early investments in companies such as Reddit Social Media and the Société de Techno Financière Stripe. Altman has no participation in Openai, so forbes estimates on the fortune of Altman do not take into account of Openai, although Bloomberg reports that Optaai discussed the granting in Altman of a participation of 7 % in the company, a participation that would be worth $ 11 billion in the last edition of OpenAI. Valuation of $ 157 billion.

Additional readings

ForbesMusk criticizes Trump’s new Stargate AI initiative with Openai and Oracle as “false”: this is why
ForbesSam Altman of Openai says he “changed his point of view” on Trump after Musk criticized the “Stargate” agreement

remon Buul

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