ChatGPT is a popular AI language model developed by OpenAI, a San Francisco-based start-up. The company was co-founded by Elon Musk in 2015, along with Sam Altman and Greg Brockman. However, Musk left the board of directors in 2018 due to conflicts with the company’s direction.
Elon Musk’s Investment in OpenAI
Musk initially invested $1 billion in OpenAI, which gave him a significant stake in the company. However, he later donated his shares to the non-profit organization that oversees OpenAI.
OpenAI’s Funding Rounds
Since its founding, OpenAI has raised several rounds of funding from various investors. In 2019, the company received a $1 billion investment from Microsoft, which gave the tech giant a stake in OpenAI. The company has also received funding from other notable investors such as Reid Hoffman, Peter Thiel, and Khosla Ventures.
OpenAI’s Valuation
As of 2021, OpenAI is valued at $29 billion. While Musk’s initial investment gave him a significant stake in the company, his donation to the non-profit organization means that he no longer owns any shares in OpenAI.
Conclusion
In conclusion, Elon Musk initially invested $1 billion in OpenAI and was a co-founder of the company. However, he later donated his shares to the non-profit organization that oversees OpenAI. While Musk’s initial investment gave him a significant stake in the company, his donation means that he no longer owns any shares in OpenAI.