Elon Musk’s Early Support for a $10 Billion OpenAI ICO
- In early 2018, Elon Musk expressed interest in exploring an ICO for OpenAI’s for-profit arm.
- The proposed funding amount was approximately $10 billion.
- Musk later abandoned the ICO idea and exited from the organization entirely.
These internal notes reveal significant insights into Musk’s initial plans to leverage cryptocurrency funding for AI development through an ICO. His eventual decision to withdraw highlights the complexities involved in merging technology and finance sectors.
Elon Musk’s consideration of a $10 billion ICO indicates the high stakes and ambition associated with funding AI initiatives at that time.
