From Yahoo Finance: 2024-06-11 17:43:48

Elon Musk filed a lawsuit against OpenAI and CEO Sam Altman for deviating from their original goal of developing AI for humanity, not profit. Musk dismissed the case without prejudice, potentially leaving room for refiling. OpenAI denied the claims, stating Musk wants OpenAI’s success for himself. The lawsuit called for OpenAI to release research and prevent using GPT-4 for profit. Musk formed his own AI startup, xAI, with significant funding. A hearing was scheduled for OpenAI’s bid to dismiss the lawsuit. Musk’s opposition to OpenAI dates back to their release of GPT-4. Musk’s lawsuit claims OpenAI shifted focus to generating profits rather than adhering to their non-profit founding agreement. OpenAI’s attorney referred to the lawsuit as an attempt by Musk to advance his own AI interests. Musk accused OpenAI of trying to base arguments on disputed facts. OpenAI did not immediately respond to requests for comment. Musk founded xAI, a startup that raised $6 billion and reached a post-money valuation of $24 billion.



Read more at Yahoo Finance: Elon Musk withdraws lawsuit against OpenAI