Elon Musk Sues OpenAI for Not Being Open, Says He Wants His $44 Million Back

  • 📰 Gizmodo
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Musk claims that he gave OpenAI money back in 2015 on the condition that it would operate as a nonprofit and make its research freely available to the public.

Elon Musk has never shied away from critiquing OpenAI, the company behind ChatGPT that he cofounded back in 2015. He doesn’t like the fact that the company decided it wants to make money after it was founded as a nonprofit. Now, Musk is doing something about it: He’s asking a court to force OpenAI to carry out its nonprofit mission. Oh, and he wants his $44 million in donations back.

The possibility of transforming OpenAI from a nonprofit foundation to a for-profit company was reportedly cast aside in 2017. According to the lawsuit, Brockman and others went to Musk with the idea, which he shot down. “ither go do something on your own or continue with OpenAI as a nonprofit,” Musk said at that time. “I will no longer fund OpenAI until you have made a firm commitment to stay or I’m just being a fool who is essentially providing free funding to a startup. Discussions are over.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 556. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk sues OpenAI for violating its nonprofit missionElon Musk is suing OpenAI and its CEO Sam Altman, claiming that the company has deviated from its original nonprofit mission by partnering with Microsoft and keeping its code for new AI products a secret.
Source: cnnbrk - 🏆 393. / 55 Read more »

Elon Musk Sues OpenAI for Allegedly Abandoning Mission to Benefit HumanityElon Musk has filed a lawsuit against OpenAI and Sam Altman, accusing them of deviating from OpenAI's original mission to develop AI for the benefit of humanity. Musk claims that OpenAI has become a subsidiary of Microsoft and is now focused on maximizing profits rather than serving humanity. The lawsuit also suggests that GPT-4 is an AGI algorithm. Musk, who contributed millions of dollars and played a key role in establishing OpenAI, alleges that he supported the nonprofit to develop AI for the greater good.
Source: WIRED - 🏆 555. / 51 Read more »

Crypto Regulation Update With Colorado Securities Commissioner; Elon Musk's Lawsuit Against OpenAICommissioner Tung Chan from the Colorado Division of Securities joins 'First Mover' to discuss the state of crypto regulation in the U.S. and biggest challenges for a clear path forward. Plus, insights on the debate between innovation versus regulation as ETHDenver is taking place in Colorado.
Source: CoinDesk - 🏆 291. / 63 Read more »

Gina Carano Sues Disney Over 'Mandalorian' Firing on Elon Musk FundingGina Carano is suing Disney over her firing from 'The Mandalorian' -- claiming she was punished for not toeing the political party line ... and Elon Musk's backing her.
Source: TMZ - 🏆 379. / 59 Read more »

Elon Musk Ignites Bullish Sentiment in Community as Bitcoin Tops $50,000Tech magnate Elon Musk faces bullish crypto sentiment in comments to his recent tweet
Source: Utoday_en - 🏆 295. / 63 Read more »

Elon Musk is wrong to say Joe Biden is recruiting immigrants to create a Democratic majorityDays before senators unveiled a immigration bill aimed at slowing illegal immigration, Elon Musk riffed on a common myth
Source: PolitiFact - 🏆 17. / 71 Read more »