
Apple design guru Jony Ive set to become a billionaire thanks to Open AI deal
The all-stock deal with OpenAI values Ive’s AI hardware startup io at $6.5 billion—and is set to be a major windfall for the man who designed the iPhone.
The all-stock deal with OpenAI values Ive’s AI hardware startup io at $6.5 billion—and is set to be a major windfall for the man who designed the iPhone.
The dispute between arguably the two biggest names in generative artificial intelligence—billionaires Sam Altman and Elon Musk—received a new wrinkle Monday as Musk made a nearly $100 billion offer to buy the non-profit entity controlling Altman’s OpenAI, according to The Wall Street Journal.
Elon Musk co-founded OpenAI with Sam Altman and a group of others in the tech realm in 2015, but left in 2018.
The leading AI startup is currently valued at $157 billion.
The AI assistant will first be made available to subscribers of ChatGPT Pro, a $200 a month subscription, and eventually roll out into the free version of ChatGPT.
Altman and Musk were OpenAI’s founding co-chairs in 2015, but their relationship has devolved into name-calling and lawsuits.
Musk alleges Altman’s OpenAI has strayed from its initial non-profit mission and has sought to cut off competition from other AI companies, like Musk’s xAI.
OpenAI alleged Musk’s suit was an attempt to gain a competitive advantage for his own artificial intelligence startup, xAI.
When being a billionaire just isn’t enough.
Of all the dangerous ideas he’s canvassed, author and academic David Runciman finds child suffrage is the one that gets the rotten tomatoes flying.