Sam Altman is at OpenAI (with a guest pass)
twitter.com
twitter.com
"first and last time i ever wear one of these".
So either he is going to be CEO, or he is never coming back...
1. OpenAI was founded to study and create AI/AGI as a non-profit with Elon pledging half a billion, and other investors also pledging.
2. A fraction of the funds are wired. Elon waits until this "grant" is almost spent and places an ultimatum "make me CEO or you don't get a cent."
3. Board (back then made of different people) says "scram". He resigns and takes his money.
4. OpenAI scrambles to find sources of funding. Microsoft is interested.
5. They create the for-profit branch owned by the not-for-profit company to deal with Microsoft's projects and investment.
So in that sequence of events, no one had a choice. Elon lied to them and tried to force their hand, they chose integrity and had to find a way to survive or cease to exist.