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Musk suspended his quarterly donations in 2017. That left OpenAI in “a very tough position.”

Live updates from Elon Musk and Sam Altman’s court battle over the future of OpenAI

Musk suspended his quarterly donations in 2017. That left OpenAI in “a very tough position.”

TL;DR

  • Elon Musk stopped his quarterly donations to OpenAI in 2017.
  • This decision left OpenAI in a difficult financial position.
  • OpenAI operated on a "shoestring" budget with a "very short runway of cash."
  • The organization did not reach its 2018 fundraising goal of $100 million, raising slightly less than $50 million.
  • Major donors included Aphorism Foundation, Fidelity Charitable, Gabe Newell, Good Ventures Foundation, Amazon Web Services, and Alameda Research.