Tech

Elon Musk says 'I am the reason OpenAI exists' and that he came up with the name

By Huileng Tan
Elon Musk attends The 2022 Met Gala Celebrating "In America: An Anthology of Fashion" at The Metropolitan Museum of Art on May 02, 2022 in New York City.
Elon Musk is a cofounder of OpenAI, the startup behind the viral ChatGPT bot. Dimitrios Kambouris/Getty Images
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Elon Musk appears to be split about how he feels about OpenAI.

Musk expressed concerns about OpenAI while simultaneously taking credit for the existence of the AI startup behind ChatGPT.

"I am the reason OpenAI exists," Musk told CNBC's David Faber in a Tuesday interview.

Musk told CNBC he invested around $50 million at the time and was "instrumental" in recruiting key scientists and engineers. He also the brain behind its name, he said.

"I came up with the name," Musk told CNBC. He added OpenAI, which started out as a non-profit, refers to "open source."  

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Huileng Tan
Huileng Tan
Huileng Tan is a senior reporter based in Singapore, covering markets, the global economy, commodities, and investing. Her reporting focuses on how shifts in money, demographics, technology, and policy are reshaping businesses, wealth, and everyday life around the world.Since joining Business Insider in 2021, she has covered everything from commodity booms and investor trends to China's economy, the AI trade, and the forces driving global markets.Before joining Business Insider, she reported for CNBC, Dow Jones, ICIS, and The Wall Street Journal.Reach her at htan@jkmperu.com.
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