|

Elon Musk sues Sam Altman, OpenAI over agreement breach

SpaceX, Tesla and X owner Elon Musk is in a legal battle with OpenAI and its CEO, Sam Altman, claiming a breach of their nonprofit agreement.

According to a recent filing in the Superior Court of California for the County of San Francisco, Musk argues that OpenAI’s collaboration with Microsoft has deviated from its foundational principles of advancing open-source artificial general intelligence (AGI) for the benefit of humanity.

Musk’s legal action details complaints such as contract breach, fiduciary duty violation and unfair business practices. He urges OpenAI to return to its open-source principles and requests an injunction to prevent the for-profit exploitation of AGI technology.

According to the court filing, the launch of ChatGPT-4 in March 2023 deviated significantly from OpenAI’s principles. Despite being presented as a breakthrough in artificial intelligence (AI), GPT-4 is a closed model, unlike earlier versions. Musk argues that this move toward proprietary tech benefits Microsoft financially, contradicting OpenAI’s initial nonprofit mission.

OpenAI started as a nonprofit AI research lab in 2015 but became a commercial giant after establishing a business arm in 2020. OpenAI has since shifted to a profit-driven model. Critics, including Musk, who co-founded OpenAI, argue that the company is now focused on speed and profit instead of positive human impact.

According to the Financial Times, citing two people with knowledge of the company’s finances, OpenAI’s revenues have exceeded $2 billion annually, driven by the immense success of its leading AI product, ChatGPT, positioning it as one of the fastest-growing tech companies ever.

Musk has consistently viewed AI as a significant threat to human civilization. He has advocated for rigorous government regulation and careful handling of AI research, gaining attention from regulators. Musk’s key recommendation has been to acquire extensive knowledge to better grasp the issue.

Musk also critiques the expertise of OpenAI’s current board, claiming it lacks the technical knowledge required for responsible AGI development. Musk highlights the November 2023 removal and subsequent reinstatement of Altman as evidence of a profit-oriented agenda orchestrated to align with Microsoft’s interests.

Musk, an original board member of OpenAI until 2018, stated that the conflict between the board and Altman was related to the development of ChatGPT-4 and the next iteration of AGI technology. Musk expressed concern about how this could impact public safety.

Author

Cointelegraph Team

Cointelegraph Team

Cointelegraph

We are privileged enough to work with the best and brightest in Bitcoin.

More from Cointelegraph Team
Share:

Editor's Picks

XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

Ripple holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token’s upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum.

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot ETFs recording $442.67 million in net inflows through Thursday.

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.

Pi Network holds modest gains as mixed technicals curb upside

Pi Network (PI) price is up 2% on Friday, showing signs of recovery while the broader cryptocurrency market faces near-term weakness. The crypto market sentiment eases to neutral from bullish amid rising long liquidations.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.