Elon Musk sues OpenAI: “He only regrets that he is no longer a part of us”

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OpenAI boss Sam Altman, who was at the WEF in Davos, reacted strongly to the lawsuit filed by OpenAI co-founder Elon Musk.
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Jean Claude RaemyEconomics Editor

There is a huge cockfight going on in the technology world. Elon Musk (52), the very rich entrepreneur behind companies such as Tesla, SpaceX and Neuralink, filed a lawsuit against ChatGPT developer OpenAI.

The accusation: OpenAI is now a profit-driven company. For Musk, this is problematic because he co-founded OpenAI in 2015, and at that time artificial intelligence (AI) was defined as contributing to the “benefit of humanity.” Musk argues that it is now the big investor Microsoft that benefits from this, not humanity.

He had already left OpenAI in 2018. He recently warned that artificial intelligence could be “more dangerous than nuclear weapons.”

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OpenAI hits back hard

OpenAI has yet to officially comment on the lawsuit. But an internal memo from OpenAI chief strategy officer Jason Kwon, obtained by CNBC, says: “We believe the allegations in this lawsuit stem from Elon’s regret that he is no longer involved with the company today.”

Kwon is going one step better. As his lawyers note in the lawsuit, Musk was certainly a major investor in OpenAI’s early days. We are talking about $44 million of investment money. But according to Kwon, Musk has also stated that he wants “full control through a majority stake” and once tried to merge OpenAI with Tesla. Both were rejected.

In the same note, OpenAI boss Sam Altman, 38, called Musk one of his heroes but added that he “misses the old version of his co-founder.”

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Musk has made few friends in Silicon Valley due to his recent Twitter takeover and far-right political positions. OpenAI, on the other hand, has achieved massive success with the launch of ChatGPT in 2022 at the latest. Currently, its market capitalization is over $80 billion. That’s twice as much as Twitter.

Source :Blick

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Tim

Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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