.elementor-panel-state-loading{ display: none; }



Elon Musk drops lawsuit against OpenAI

Billionaire Elon Musk Artificial intelligence (AI) company OpenAI has filed a motion to dismiss a lawsuit alleging the company abandoned its original mission of developing AI for the benefit of humanity, not financial gain.

Musk, who co-founded OpenAI in 2015, along with two of his co-founders, current CEO Sam Altman and OpenAI president Greg Brockman, sued the company, alleging that it had violated its founding mission of open source development. General artificial intelligence The company develops AGI (artificial general intelligence) technology for the benefit of humanity, and Musk stepped down from the company’s board of directors in 2018 after feeling that the company had fallen behind Google in the AI ​​race.

Musk’s lawsuit alleged that OpenAI “has transformed into a closed-source, de facto subsidiary of Microsoft, the world’s largest technology company,” and that it is “improving AGI to maximize Microsoft’s profits, not for the benefit of humanity.” His lawsuit sought to block Altman, Brockman, OpenAI, and Microsoft from profiting from OpenAI’s AGI technology.

The now-dismissed lawsuit was filed in February, and OpenAI executives responded with a blog post detailing the company’s history with Musk.

OPENAI denies Elon Musk lawsuit, claims Musk proposed merger with Tesla

Elon Musk will drop his lawsuit against OpenAI and its executives, including Sam Altman. (Photo by Muhammad Selim Korkutata/Anadolu via Getty Images/Getty Images)

“We reject all of Elon’s claims,” ​​Altman, Brockman and co-founder Ilya Sutskever wrote in March.

They also shared their interactions with Musk regarding OpenAI’s structure during that period, revealing that Musk had floated ideas such as: OpenAI and Tesla IntegrationAt the same time, he was also seeking to become the company’s CEO and gain majority control of its shares and board of directors.

What is Artificial Intelligence (AI)?

Elon Musk Sam Altman

Elon Musk and Sam Altman were co-founders of OpenAI, but Musk ultimately left the AI ​​company due to differences over its direction. (Photos: Michael Kovach/Getty Images, Vanity Fair/Getty Images)

They added that they regretted their falling out with Musk given his recent success. Launch of ChatGPT His move to start a rival AI company later in 2023.

“We are saddened that this has happened to someone we deeply respect; someone who inspired us to reach greater heights, then told us we would fail, started a competitor, and filed a lawsuit just as we were beginning to make meaningful progress toward Open AI’s mission without him,” Open AI leaders wrote in March.

Elon Musk’s XAI Announces $6 Billion in New Funding and Valuation

xAI Grok

xAI’s Grok chatbot is available on X (formerly Twitter). (Photo by Jakub Porzycki/NurPhoto via Getty Images)

Last year, Musk announced a new AI company called xAI, with a chatbot called Grok that he touted as a rival to OpenAI.

In May, xAI announced it had raised $6 billion in Series B funding from investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, according to the company.

Click here to get FOX Business on the go

Reuters contributed to this report.