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OpenAI CEO Rejects Musk’s $97.4 Billion Offer: “We’re Not For Sale”

OpenAI, the company behind the groundbreaking ChatGPT, continues to reject a $97.4 billion offer from a consortium of investors led by Elon Musk. While OpenAI is not publicly traded, it operates under a complex structure that merges both non-profit and for-profit arms. Musk, one of the co-founders, has stated his intention to steer OpenAI back to its non-profit roots, prioritizing the development of AI to benefit humanity.

However, the timing of his bid raises questions, especially considering that Musk also owns xAI, a direct competitor to OpenAI. 

Speaking to Axios, Sam Altman, OpenAI’s CEO, described Musk as a competitor unable to outpace OpenAI in the market, thus resorting to a bid “with total disregard for the mission.”

Despite Musk’s offer, the decision over OpenAI’s future isn’t solely in Altman’s hands. Altman, who also sits on the non-profit’s board, has made it clear he does not hold any stock in the company. His vision for OpenAI’s future involves transitioning to a fully for-profit model to attract more funding for AI research.

However, OpenAI’s board will ultimately decide, and if Musk raises his offer, they may be swayed. The current bid of $97.4 billion is far below OpenAI’s valuation of $157 billion from its most recent funding round in October. Recent talks suggest OpenAI’s value has soared to $300 billion.

Musk’s attorney, Marc Toberoff, stated that the consortium is open to increasing the bid. He also asserted that, as a co-founder and tech leader, Musk is the best candidate to protect and grow OpenAI’s technology.

Musk has been building other AI ventures too, including a collaboration with Oracle, a Japanese investment firm, and an Emirati sovereign wealth fund to develop the Stargate Project—an ambitious $500 billion AI infrastructure initiative in the US.

The project, which was announced at the White House, has attracted attention as the “largest AI infrastructure project in history.” Despite this, Musk, who is a key advisor to former President Donald Trump, has claimed that the project does not have the financial backing it claims, though he has provided no details to back up the assertion.

With such high stakes, the unfolding drama over OpenAI’s future is far from over, and it’s clear that Musk’s bid is only the beginning of a complex and multifaceted competition in the AI space.

Discovery of a New Dwarf Planet: Is Our Solar System Expanding?

A New Celestial Revelation: Meet 2017 OF201

In a groundbreaking astronomical discovery, researchers have identified a celestial body likely to be a dwarf planet far beyond Pluto. This thrilling discovery was made by astronomers from the Institute for Advanced Study in Princeton, New Jersey. Dubbed 2017 OF201, this object is located over twice the distance of Pluto from the Sun, marking it as one of the farthest known bodies in our solar system observable through optical telescopes.

Key Insights

  • The object is approximately 700 kilometers in diameter, smaller than Pluto’s 2377 kilometers, yet it stands to be the largest found in the outer solar system in over a decade if verified by radio telescopes.
  • Classified as an extreme trans-Neptunian object, 2017 OF201 joins the ranks of other icy bodies circling the Sun beyond Neptune’s orbit. This region is now known to host other giants such as Eris, Haumea, Makemake, and Gonggong.
  • Identified in a series of 19 observations over seven years, involving instruments like the Dark Energy Camera in Chile and the Canada-France-Hawaii Telescope, this discovery sheds light on the unexplored corners of the solar system.

Why 2017 OF201 Stands Out

2017 OF201 boasts a unique orbit, with its aphelion over 1600 times the Earth’s distance from the Sun. Meanwhile, its perihelion is 44.5 times the Earth-Sun distance, parallel to Pluto’s path. Such an extensive orbit is evidence of a chaotic past, likely involving gravitational interactions with a giant planet.

Unveiling the Kuiper Belt: A New Frontier

Nestled within the Kuiper Belt, this object hints at the possibility of numerous similar celestial bodies lingering in this icy expanse, largely hidden due to immense distances. As telescope technology advances, the possibility of unveiling more about our solar system’s outermost fringes grows ever more achievable.

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