HMM: How non-profit OpenAI became $30 bn profit-making firm, questions Musk.

Musk had donated $100 million to OpenAI. He stepped down from OpenAI’s board of directors in 2018 and no longer owns a stake in the company.

“I’m still confused as to how a non-profit to which I donated $100 million somehow became a $30 billion market cap for-profit. If this is legal, why doesn’t everyone do it?” he quipped.

He has also paused OpenAI access to Twitter database.

OpenAI was founded as a non-profit artificial intelligence research company in 2015.

Its research director was Ilya Sutskever, one of the world experts in machine learning and CTO was Greg Brockman, formerly the CTO of Stripe.

OpenAI’s co-chairs were Sam Altman and Musk.

The Twitter CEO in February this year also raised the same question, saying OpenAI was created as an open source (which is why I named it “Open” AI), a non-profit company to serve as a counterweight to Google.

“But now it has become a closed-source, maximum-profit company effectively controlled by Microsoft. Not what I intended at all,” he posted, criticising Microsoft for making profits via OpenAI.

Then there’s this tag below the story: “Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.”

I don’t know how OpenAI became closed, but I can tell you why.

There’s just too much money to be made with auto-generated content.