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Elon Musk just offered to buy OpenAI for $97.4 billion

Pivot 5: 5 stories. 5 minutes a day. 5 days a week.

1. Elon Musk just offered to buy OpenAI for $97.4 billion

The Verge

Elon Musk is leading a $97.4 billion bid to buy OpenAI's nonprofit arm, a move that comes at a pivotal moment for the company. The offer, which includes Musk's AI company xAI and venture heavyweights like Valor Equity Partners, Hollywood mogul Ari Emanuel, and Palantir co-founder Joe Lonsdale's venture firm 8VC, challenges OpenAI's betrayal of its original mission to develop AI safely and openly.

The bid adds complexity to OpenAI's planned for-profit conversion, creating a thorny situation for CEO Sam Altman, who is already navigating negotiations with Microsoft and other stakeholders over equity in the for-profit structure.

Read the full story here

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3. Macron posts montage of deepfakes of himself to promote Paris AI summit

The Guardian

The impact of artificial intelligence on the environment and inequality have featured in the opening exchanges of a global summit in Paris attended by political leaders, tech executives and experts.

On Sunday, Emmanuel Macron, the French president, promoted the event by posting a montage of deepfake images of himself on Instagram, including a video of 'him' dancing in a disco with various 1980s hairstyles, in a tongue-in-cheek reference to the technology’s capabilities.

Read the full story here

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