The Musk attack on Openaai: The investors behind Maria Gramsch’s billion-dollar offer first appeared on Basic Thinking. You always stay up to date with our newsletter.
Elon Musk is considered the richest man in the world, but he could not manage the billion-dollar takeover offer for the Chatgpt Group Openai alone. We’ll tell you which other investors are behind the musk offer.
Together with an investor consortium, Elon Musk has given a takeover offer for Chatgpt-Mutterkomzern Oenai. Around $ 97.4 billion is worth the AI company with all its assets to the group of investors.
However, according to Openai-Cehf Sam Altman, the group is “not for sale”, as he said to the Bloomberg news agency. The group of investors actually seems serious. Because in a press release, from the Techcrunch quotedIt is said that the consortium is “ready to consider higher commandments”.
Openaai: The investors behind the musk offer
The group around Elon Musk includes Techcrunch The Baron Capital Group Inc, Valor Management LLC, ATreide Management, LP, VY Fund III LP, Emmanuel Capital Management LLC, and Eight Partners VC LLC. Emanuel Capital Management is less known to these investors. The others, on the other hand, often appear in connection with Elon Musk. But which investors offer Musk for Openai?
Ron Baron (Baron Capital Group Inc)
The Baron Capital Group was in 1982 by the American hedge fund manager Ron Baron founded. Together with his son Michael Baron, he manages the Baron Partners Fund. This fund keeps large shares in the Musk companies Tesla and SpaceX. Overall, fund manager Ron Baron manages a assets of an estimated $ 45 billion. The private assets of the 82-year-old amount to loud Forbes at around $ 6.5 billion.
Antonio Gracias (Valor Equity Partners)
The investor Valor Equity Partners was by the investor Antonio Gracias founded. Has its company based in Chicago loud Forbes about gross assets of $ 16 billion. Gracias’s private assets therefore amount to $ 1.3 billion. He is considered a great musk loyalist. His investment company was one of Tesla’s first institutional investors in 2005. Gracias also invested in SpaceX and was in the meantime board member of Tesla. Gracias was considered a close consultant of Musk when taking Twitter.
Gavon Baker (Atreide management)
The founder is behind Areide’s management Gavon Bakerwho had previously worked for the global fund manager Fidelity for 18 years. There, Baker has also invested in Elon Musk’s space company SpaceX. ATreide’s management, which also manages the Hedge fund atreides, is also an investor from Tesla. The company’s portfolio value is currently on around 3.9 billion US dollars quantified.
Alexander Tamas (Vy Fund III LP)
The donor VY Capital also holds shares in SpaceX. The company was in 2013 from Alexander Tamas founded. In addition to the Musk companies The Boring Company and Neuralink, the investor has also pumped money on Facebook and Groupon. The German-born founder Tamas also played a crucial role in the takeover of the Twitter by Elon Musk. Because he was the third largest external donor for Elon Musk with $ 700 million. Tamas’ managed assets amount to more than five billion US dollars.
Joe Lonsdale (Eight Partners VC LLC)
The investor Eight Partners VC LLC is better known on the 8VC company name. 8VC was carried out by the entrepreneur Joe Lonsdale founded. Lonsdale was a co -founder of Palantir Technologies. He left the company in 2009, but is still working as a shareholder and consultant for Palantir. In one Interview with the US news broadcaster CNBC The self-appointed Musk fan Lonsdale also described himself as a big fan of Musk’s cryptocurrency Dogecoin. Lonsdale net assets are estimated at $ 425 million.
Also interesting:
- Spottronik chips are supposed to solve the environmental and energy problems of AI
- Danger in the election campaign: AI influencer influence political opinion
- Let the chat “think longer”: The Reasoning function in the test
- “Fall in cognitive skills”: Artificial intelligence can make us more stupid
The Musk attack on Openaai: The investors behind Maria Gramsch’s billion-dollar offer first appeared on Basic Thinking. Follow us too Google News and Flipboard.
As a tech industry expert, I believe that Elon Musk’s attack on OpenAI and the investors behind the billion dollar offer is quite concerning. OpenAI is a leading research organization in artificial intelligence, and their work is crucial for the advancement of AI technology. Musk’s criticism could potentially harm the reputation and future funding of OpenAI, which would be detrimental to the entire tech industry.
It is important for tech industry leaders like Musk to support and collaborate with organizations like OpenAI, rather than publicly undermining their efforts. The tech industry thrives on innovation and collaboration, and attacking a prominent research organization like OpenAI is counterproductive to the overall goal of advancing technology for the benefit of society.
Investors play a crucial role in funding and supporting the development of innovative technologies, and their involvement in projects like OpenAI is essential for driving progress in the tech industry. Musk’s criticism of the investors behind the billion dollar offer could discourage future investment in similar projects, which would be detrimental to the growth and success of the tech industry as a whole.
Overall, I believe that Musk’s attack on OpenAI and the investors behind the billion dollar offer is short-sighted and ultimately harmful to the tech industry. Collaboration and support are key to driving innovation and progress in the tech world, and it is important for industry leaders to work together towards common goals rather than publicly undermining each other’s efforts.
Credits