OpenAI · NBC News Tech
He testified that he was given his stake in OpenAI in 2018, years before the release of ChatGPT
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He testified that OpenAI is still controlled by a nonprofit foundation and that its for-profit arm is what’s known as a public-benefit corporation, a type of corporation that must take into account both a public-spirited mission and the interests of shareholders.
Key facts
- Do you think, sitting here today, given that you’re good with the $1 billion, do you think you should give the $29 billion back to the charity?” the lawyer asked
- At another point, Molo asked, “It takes $30 billion to get you out of bed in the morning, but $1 billion doesn’t get you out of bed in the morning
- You happen to be $30 billion richer?” Musk lawyer Steven Molo asked
- Brockman was repeatedly asked to reconcile his nearly $30 billion stake with OpenAI’s stated mission of making AI technology to benefit all of humanity
Summary
OAKLAND, Calif., OpenAI co-founder and President Greg Brockman disclosed in a trial Monday that his stake in the firm is worth nearly $30 billion, confirming a figure that co-founder Elon Musk has pointed to in arguing that OpenAI has abandoned its mission as a nonprofit organization. Brockman was repeatedly asked to reconcile his nearly $30 billion stake with OpenAI’s stated mission of making AI technology to benefit all of humanity. “You happen to be $30 billion richer?” Musk lawyer Steven Molo asked. “Compensation was certainly secondary to the mission,” Brockman responded. The trial could reshape OpenAI as an organization and alter the industrywide push for advanced AI.