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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."
The Tesla and SpaceX CEO left OpenAI's board in 2018 — a year before it became a "capped-profit" company — and is now a vocal critic of the startup.
In February, Musk slammed OpenAI for becoming a "maximum profit company effectively controlled by Microsoft," which was not what he "intended at all."
"It does seem weird that something can be a non-profit, open source and somehow transform itself into a for-profit, closed source," he told CNBC's Faber. "This would be like, let's say you found an organization to save the Amazon rainforest, and instead they become a lumber company, and chop down the forest, and sold it for money."
Musk told CNBC Microsoft could "cut off OpenAI" at any point and has a lot of control over the startup.
"I also think it's important to understand when push comes to shove — let's say they create some digital super-intelligence, almost god-like intelligence, who's in control? What is exactly the relationship between OpenAI and Microsoft?"
Musk has also publicly voiced warnings about AI, saying the technology is a "danger to the public." In March, the CEO of Tesla and SpaceX signed an open letter alongside Apple cofounder Steve Wozniak, AI experts, and scientists calling for a six-month pause on advanced AI development.
About 27,000 people have signed the open letter so far.
OpenAI, Microsoft, and Musk did not immediately respond to Insider's requests for comment sent outside regular business hours.
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