Saturday, May 17, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Elon Musk suing OpenAI, Altman again

Simon Osuji by Simon Osuji
August 5, 2024
in Artificial Intelligence
0
Elon Musk suing OpenAI, Altman again
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Elon Musk has revived a lawsuit against OpenAI and its co-founders Sam Altman and Greg Brockman
Elon Musk has revived a lawsuit against OpenAI and its co-founders Sam Altman and Greg Brockman.

Elon Musk revived a lawsuit on Monday against OpenAI, accusing its co-founders Sam Altman and Greg Brockman of betraying the artificial intelligence company’s founding mission.

Related posts

Coinbase Will Reimburse Customers Up to $400 Million After Data Breach

Coinbase Will Reimburse Customers Up to $400 Million After Data Breach

May 17, 2025
Is Elon Musk Really Stepping Back from DOGE?

Is Elon Musk Really Stepping Back from DOGE?

May 17, 2025

The case against ChatGPT maker OpenAI is “a textbook tale of altruism versus greed,” the complaint filed in a federal court in California alleges.

“The perfidy and deceit are of Shakespearean proportions.”

The filing of the complaint by the billionaire Tesla and SpaceX co-founder comes nearly two months after he abruptly withdrew a similar suit against OpenAI, Altman and Brockman.

Musk, who left the San Francisco-based OpenAI in 2018, accuses them in the latest complaint of fraud, conspiracy and false advertising.

He said he originally invested in OpenAI in 2015 with the understanding that it would be a non-profit, but Altman “manipulated and deceived” him, eventually joining forces with software giant Microsoft.

“Altman assured Musk that the non-profit structure guaranteed neutrality and a focus on safety and openness for the benefit of humanity, not shareholder value,” the suit says. “But as it turns out, this was all hot-air philanthropy—the hook for Altman’s long con.

“The resulting OpenAI network, in which Altman and Microsoft hold significant interests, was recently valued at a staggering $100 billion,” the suit says.

“As a result of their unlawful actions, Defendants have been unjustly enriched to the tune of billions of dollars in value, while Musk, who co-founded their de-facto for-profit start-up, has been conned along with the public.”

OpenAI captured the public’s imagination in late 2022 with the release of ChatGPT, which can generate poems and essays and even succeed in exams. The firm has also developed image and video generating tools that are seen as leaders in the field.

Microsoft, a major investor in OpenAI since 2019, poured billions more into the firm last year.

And the software giant stepped in when OpenAI’s board fired CEO Altman in November, hiring him and offering to house any staff members who were unhappy with his ousting.

The OpenAI board reversed course as dissent soared in the company, reinstating Altman and replacing several board members.

Since leaving OpenAI, Musk has joined the chorus of critics warning that artificial intelligence could spell the end for humanity.

He launched his own AI firm, xAI, last year.

Musk is seeking a jury trial and unspecified damages.

© 2024 AFP

Citation:
Elon Musk suing OpenAI, Altman again (2024, August 5)
retrieved 5 August 2024
from https://techxplore.com/news/2024-08-elon-musk-suing-openai-altman.html

This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
part may be reproduced without the written permission. The content is provided for information purposes only.





Source link

Previous Post

SANDF leadership to fix SANDF “challenges” – Holomisa

Next Post

Cardano ADA Falls over 9% in 24 hours: How Far Can It Drop?

Next Post
Cardano ADA Falls over 9% in 24 hours: How Far Can It Drop?

Cardano ADA Falls over 9% in 24 hours: How Far Can It Drop?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

African Development Bank funds $40m upgrade to Mozambique’s key railway line

African Development Bank funds $40m upgrade to Mozambique’s key railway line

1 year ago
Foreign adversaries will aim to discredit US election results, intel officials warn

Foreign adversaries will aim to discredit US election results, intel officials warn

7 months ago
As the sun goes down… live stream from Prospect Cottage marks 30th anniversary of Derek Jarman’s death

As the sun goes down… live stream from Prospect Cottage marks 30th anniversary of Derek Jarman’s death

1 year ago
Group urges govt to prioritise infrastructure development in rural areas – EnviroNews

Group urges govt to prioritise infrastructure development in rural areas – EnviroNews

5 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.