Elon Musk is suing OpenAI and founder Sam Altman.
The lawsuit claims that OpenAI is violating its non-profit principles by partnering with Microsoft.
Here’s the lawsuit…
“OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft…
Under its new board, it is not just developing but is actually refining an AGI to maximize profits for Microsoft, rather than for the benefit of humanity.”
Musk was a co-founder of OpenAI.
OpenAI was setup as a non-profit.
Yet Altman wanted to create a non-profit subsidiary to profit from Artificial Intelligence.
Musk disagreed with this approach.
This resulted in Musk pulling funding and resigning from the board.
That’s when Microsoft stepped in with $13 billion in funding.
OpenAI went on to launch ChatGPT in late 2022 – sparking the AI boom.
Today, OpenAI is valued at $80 billion.
Musk has claimed that OpenAI’s for-profit transition was illegal. And he wants to return the company to its founding principles.
Here’s why Elon is upset…
He founded and funded of OpenAI.
After he left – Sam Altman turned the non-profit into a for-profit. Partnered with Microsoft. And is focused on profits rather than the mission.
Elon is dominating EVs with Tesla and commercial space with SpaceX.
Now he wants to secure a stronghold in Artificial Intelligence.
Ian