STORY: The Wall Street Journal on Tuesday reported that OpenAI had missed its goals for new users and revenue in recent months, raising concerns over the ChatGPT creator’s growth prospects and sending shares of its AI-linked partner companies plummeting.
Tuesday also marked the start of a high-stakes trial over the future of OpenAI, with Tesla CEO Elon Musk accusing the startup, its co-founder and Chief Executive Sam Altman and its President Greg Brockman of betraying him and the public by abandoning the company’s mission to be a benevolent steward of AI for humanity, and transforming the nonprofit into a profit-seeking juggernaut.
The two headline-making events come at “a moment where [OpenAI] wants to try and maximize value” ahead of its planned IPO, Mulberry said.
As a result, he said it’s “likely that they’d have to push that back in time to let some of this stuff get funneled through the market.”
