Gate News message, April 22 — Sam Altman has detailed the failed negotiations with Elon Musk over OpenAI’s governance structure in an appearance on the Core Memory podcast. Altman described how four core members—himself, Greg Brockman, Ilya Sutskever, and Musk—initially agreed that OpenAI needed to transition to a for-profit structure.
Negotiations progressed through several stages of compromise. Musk first demanded a majority stake, which the group accepted. He then requested the CEO position to “let everyone know he’s in charge,” and they agreed to that as well. However, the talks collapsed when Musk demanded “absolute control over OpenAI.” Altman stated his position on the matter: “There should not be one person controlling the entire future, no matter who that person is.”
Altman called this account a version “never publicly discussed in years,” adding that the upcoming litigation “left us with no choice” but to reveal these details. He views the trial as an opportunity to “tell the story” clearly, while expressing concern that Musk might withdraw the lawsuit before trial, which would prevent them from presenting their account. The case is scheduled for trial on April 27, with Musk seeking damages between $79 billion and $134 billion.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tencent and Alibaba Negotiate Investment in DeepSeek, Valuation Exceeds $200 Billion
Gate News message, April 22 — Tencent and Alibaba are in negotiations to invest in DeepSeek, according to The Information. DeepSeek's valuation exceeds $200 billion.
GateNews2m ago
Cambricon Expresses Optimism on 10 Billion Yuan Revenue Target Amid AI Chip Demand Surge
Cambricon's 2025 briefing signals growth potential amid rising AI demand; CEO Chen Tianshi stresses independent IP, industry backing, and long-term partnerships to manage competition, inventory, and pending litigation.
GateNews4m ago
Microsoft Unveils AI Agent Commerce Infrastructure: Publisher Marketplace, Merchant Protocols, and Ad Tools
Gate News message, April 22 — Microsoft's AI monetization vice president Tim Frank announced a suite of commercial infrastructure updates designed for the "agentic web" era, enabling publishers, merchants, and advertisers to remain discoverable and tradable as AI agents make purchasing decisions on
GateNews56m ago
NeoCognition Raises $40M in Seed Funding for On-the-Job Learning AI Agents
Gate News message, April 22 — AI research lab NeoCognition announced the completion of a $40 million seed round, emerging from stealth mode. Founded by Ohio State University Associate Professor Yu Su, along with Xiang Deng and Yu Gu, the company is headquartered in Palo Alto, California. The round w
GateNews1h ago
Vitalik: Post-Quantum Cryptography Solutions Are Mature; Ethereum Aims to Resist Both Quantum and AI Threats
Gate News message, April 22 — Vitalik Buterin stated in a dialogue with Xiao Feng that mature post-quantum cryptography solutions already exist, expressing a preference for the GeoHash algorithm. He noted that Ethereum's vision extends beyond merely becoming a post-quantum chain—the network also
GateNews1h ago
