Billionaire investor Mark Cuban was recently a guest on the All-In Podcast with Chamath Palihapitiya, Jason Calacanis and David Sacks. Cuban made a bold claim, joking that 40 of the 44 co-founders of OpenAI have left the company. While this statement caught the attention of everyone in the room, Cuban later clarified he was exaggerating to make a point, drawing a comparison to the turnover seen in Donald Trump's cabinet during his presidency.
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"40 of the 44 co-founders left," Cuban said, alluding to the idea that many of the original team members at OpenAI have already departed. Chamath Palihapitiya, one of the hosts, couldn't help but ask, "Sorry, there were 44 co-founders?" Cuban quickly clarified, "No, I was fu*king around – the Donald Trump cabinet members thing," referring to how dozens of Trump’s former cabinet members turned against him after leaving office.
While Cuban’s comment was a joke, it did flesh out a serious issue – many top leaders at OpenAI have exited despite the company's growing influence. Mark Cuban doubts OpenAI’s chances of staying on top in the long run. He pointed out that just because OpenAI is ahead now, it doesn’t mean they’ll stay that way. “There’s nothing that says that OpenAI is going to win,” he said, noting how quickly things can change in the tech world.
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Over 250 million people use ChatGPT daily to enhance their work, learning and creativity. With investors placing a high wager on OpenAI to keep pushing the boundaries of AI research and development, the company recently raised over $6.5 billion in new capital to support its growth, valued at $157 billion post-money.
Yet, this latest round of funding has not come without controversy. Elon Musk, who cofounded OpenAI in 2015 but left the organization in 2018, has openly criticized the company for “unfair funding practices.” A report from the Financial Times suggests that OpenAI discouraged investors from backing its competitors, including Musk's own AI startup, xAI.
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Tensions between Musk and the company he helped found are escalating to such an extent that Musk even went so far as to label OpenAI “evil” on social media. But this is far from the first time he has criticized them on X and other outlets. Whenever there’s a major shake-up within the AI company, Musk is there to point out their faults.
While OpenAI currently has strong financial backing and significant market traction, Cuban warned against assuming its dominance is permanent. Chamath Palihapitiya, venture capitalist and one of the hosts of the podcast, also pointed to major tech players like Google, Microsoft, Meta, Apple and Amazon, all of which are making serious moves in AI. “When their backs are against the wall, they use money, they’re sharp-elbowed, but the consistent thing is they’ve won.”
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