Elon Musk Sparks Excitement and Speculation in Crypto Community with OpenAI Troll

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Jimmy Aki

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Jimmy Aki

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Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, and Blockonomi, covering news...

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March 7, 2024 16:00 EST

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On March 6, Elon Musk directed a series of memes at OpenAI, the AI research firm he helped establish, including a meme that playfully renamed the organization ‘ClosedAI’.

Musk has been on this recent meme spree since he filed a lawsuit accusing CEO Sam Altman of violating the company’s initial agreement.

Crypto Community Divided on Musk’s Actions

The crypto community went beyond just reacting to the meme. Many speculated on the potential outcomes of this unexpected move.

pic.twitter.com/zCnUNKK9N2

— Elon Musk (@elonmusk) March 6, 2024

David Gokhshtein, an influential figure in the crypto space, suggested that Musk should consider acquiring OpenAI, drawing parallels to his previous acquisition of Twitter.

Members of the cryptocurrency community have shown support for Musk, particularly applauding the integration of the Grok AI chatbot into the X platform.

Grok AI, developed by Musk’s startup xAI, takes a different approach from OpenAI’s ChatGPT, emphasizing openness in addressing various topics. Musk developed Grok AI in response to what he perceives as the ideological leanings of OpenAI.

OpenAI Pushes Back Against Musk’s Claims

In the recent legal saga involving Elon Musk and OpenAI, the AI research company has pushed back against Musk’s claims, releasing correspondence that sheds light on the dispute.

In response to his lawsuit, OpenAI revealed that Musk previously acknowledged the need for for-profit funding to support the company’s research, contradicting his current claims.

OpenAI stated that Musk initially pledged $1 billion in funding before withdrawing the offer. The company ultimately secured $13 billion in funding from Microsoft and established itself as a for-profit entity valued at $90 billion. This development has reignited the ongoing conflict between Musk and OpenAI.

The latest “meme spat” isn’t the first time Musk has clashed with OpenAI.

The dispute between Musk and OpenAI dates back to 2018 when the Tesla boss argued that the company needed billions of dollars urgently and suggested that selling itself to Tesla was the only way forward.

OpenAI rejected this proposal and waited for Microsoft’s funding, however, leading to tensions between Musk and the company.