Anthropic Rejects OpenAI’s Merger Proposal

Anthropic OpenAI

According to The Information, the board of directors of OpenAI, the company behind the renowned ChatGPT, has proposed a “merger” with their competitor, Anthropic AI. They also invited Dario Amodei, the CEO of Anthropic AI, to fill the vacant position after Sam Altman’s departure.

While it remains unclear whether serious discussions have taken place between the two parties, The Information reported that Dario Amodei declined OpenAI’s proposal. Subsequently, Reuters confirmed that the offer was swiftly rejected.

Anthropic, originally founded in 2021 by former members of OpenAI, aims to become a “counterfactual unicorn” to ChatGPT. In October 2023, Amazon invested $1.25 billion in this AI project, alongside additional funding from Google and other sources. The successful funding round elevated the two-year-old project’s valuation to $30 billion.

Currently, Anthropic represents FTX’s most valuable investment. FTX, a trading platform, significantly backed Anthropic AI during its Series B funding round in May 2022. With Anthropic’s rapid development, this investment has yielded substantial profits and is expected to help FTX clear its debts.

In a recent development, the OpenAI board of directors decided to remove CEO Sam Altman, citing lack of transparency in communication and doubts about leadership abilities. This decision sparked significant dissent among OpenAI employees, with many still supporting the ousted CEO. Following Altman’s removal, Greg Brockman, Chairman and Co-founder of OpenAI, resigned along with three other senior researchers, as reported by The Information.

Shortly after, Microsoft CEO Satya Nadella announced that Sam Altman and Greg Brockman had joined Microsoft to lead the high-level AI research team. Microsoft hopes to continue collaborating with OpenAI to execute the product roadmap.

This development left many OpenAI employees dissatisfied. Consequently, 505 out of the total 700 OpenAI staff signed a letter requesting the board’s resignation and the appointment of two new independent directors, possibly Bret Taylor and Will Hurd, while reinstating Brockman and Altman to their positions.

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Chi Do
Chi Do
Chi Do is a content writer at CoinMinutes, responsible for creating most of the content on the website, including news related to Bitcoin (BTC), Ethereum (ETH), Blockchain, Decentralized Finance (DeFi), and more. With a keen interest in cryptocurrencies since the 2020s, Chi has acquired extensive experience and knowledge in this field. Chi holds a Bachelor's degree in communication from Academy of Journalism and Communication in Vietnam.

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