Elon Musk, the outgoing Twitter CEO, had reportedly pledged to donate $100 million to the ChatGPT developer, OpenAI. However, recent reports show that only around $15 million of this amount could be traced back to the Tesla CEO. The investigations further point out that the only confirmed donation given by Musk to OpenAI is a sum of $10 million his foundation had made in 2016.
Sam Altman and the other founders of OpenAI refused Musk’s proposal to take control of the non-profit in 2018 when he reneged on his plan to contribute an additional $1 billion. When questioned on his donation claims, Musk vaguely mentioned that the figure is around $50 million, even though he previously declared that it was $100 million.
The documents filed to the IRS and state regulators indicate that besides the $10 million donation coming from his foundation, Musk could’ve made a maximum of $5 million to OpenAI in 2017. However, techCrunch’s investigations only trace back $15 million, which further diminishes the certainty of Musk’s huge promise of $100 million.
OpenAI is a non-profit AI research company backed by Microsoft. Found in San Francisco in 2015, OpenAI is currently headquartered in San Francisco and is chaired by Microsoft co-founder and philanthropist Bill Gates, who has been actively supporting the venture.
Elon Musk is an entrepreneur and engineer who has founded or co-founded many successful companies like SpaceX, Tesla, and Neuralink. His innovative and revolutionary approaches have had an enormous impact on the world of technology. Musk has been consistently working to make the world a better place through his initiatives in various fields.
