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Elon Musk sues OpenAI and Sam Altman for allegedly ditching non-profit mission

OpenAI co-founder Elon Musk has sued the company, his fellow co-founders, associated businesses and unidentified others. He claims that, by chasing profits, they’re violating OpenAI’s status as a non-profit and its foundational contractual agreements to develop AI “for the benefit of humanity.”The suit alleges that OpenAI has become a “closed-source de facto subsidiary” of Microsoft, which has invested $13 billion and holds a 49 percent stake. Microsoft uses OpenAI tech to power generative AI tools such as…

For humanity’s sake! Elon Musk is right about Sam Altman-led OpenAI’s hypocrisy

Call it an epic troll by Elon Musk if you want, but the billionaire's lawsuit against OpenAI puts a refreshing spotlight on the endless humanitarian posturing by AI businesses.Musk has sued the world-leading AI company and its chief executive officer, Sam Altman, for breaking their founding agreement about building powerful AI systems “for the benefit of humanity.” OpenAI still touts that mission on its website, but Musk is calling BS: “In reality… OpenAI Inc. has been transformed into a closed-source de facto subsidiary…

Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker's founding aims of benefiting humanity rather than pursuing profits.In a lawsuit filed at San Francisco Superior Court, billionaire Musk said that when he bankrolled OpenAI's creation, he secured an agreement with Altman and Greg Brockman, the president, to keep the AI company as a non-profit that would develop technology for the benefit of the public. Under its founding agreement, OpenAI would also make its code open to…

Elon Musk Sues OpenAI, Sam Altman Over Breach of Contract

Elon Musk accused Sam Altman and OpenAI of pursuing profit over bettering humanity in a new breach of contract lawsuit filed in San Francisco Superior Court yesterday, Feb. 29. Musk helped Altman found OpenAI as a non-profit in 2015 (Musk left the board of directors in 2018 and no longer has a stake). Central to the lawsuit is OpenAI’s “founding agreement,” which, per the lawsuit, stated the lab would build artificial general intelligence (AGI) “for the benefit of humanity,” not to “maximize shareholder profits,”…

Elon Musk sues OpenAI, its CEO Sam Altman: Here's why

Elon Musk, the CEO of Tesla and SpaceX, has filed a lawsuit against OpenAI and its CEO Sam Altman for allegedly violating their original contractual agreements related to AI. The lawsuit, filed in a San Francisco court, centers on OpenAI's most recent natural language model, called GPT-4. Elon Musk, the CEO of Tesla and SpaceX, has filed a lawsuit against OpenAI and its CEO Sam Altman for allegedly violating their original contractual agreements related to AI. The lawsuit, filed in a San Francisco court, centers on…

Elon Musk sues OpenAI and Sam Altman over ‘betrayal’ of non-profit AI mission

Elon Musk sued OpenAI, its co-founders Sam Altman and Greg Brockman and affiliated entities on Thursday, alleging the ChatGPT makers have breached their original contractual agreements by pursuing profits instead of the nonprofit’s founding mission to develop AI that benefits humanity. Musk, an early backer of OpenAI, claims Altman and Brockman convinced him to help found and bankroll the startup in 2015 with promises it would be a non-profit focused on countering the competitive threat from…

OpenAI to name new board members in March, Washington Post reports

ChatGPT-maker OpenAI is planning to appoint several new board members in March, the Washington Post reported on Thursday, citing a person familiar with the matter. The move would finally end an impasse which began after the Microsoft-backed company's former board fired CEO Sam Altman in November. However, Altman returned just days later, with OpenAI also unveiling a new initial board with former Salesforce co-CEO Bret Taylor as chair. OpenAI's new board has since on an active search for six members with expertise in…

Elon Musk: Elon Musk sues OpenAI and CEO Sam Altman for breach of contract

Elon Musk has sued OpenAI and its chief executive Sam Altman, among others, accusing them of breaching contractual agreements made when he helped found the ChatGPT-maker in 2015, according to a lawsuit filed on Thursday in San Francisco. The lawsuit said Altman, along with OpenAI's co-founder Greg Brockman, originally approached Musk to make an open source, non-profit company that would develop artificial intelligence technology for the "benefit of humanity".Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

5 things about AI you may have missed today: Mphasis launches DeepInsights Doc AI, OpenAI bets on humanoid robots, more

Mphasis launches DeepInsights Doc AI for advanced document processing;  OpenAI partners with Figure AI to elevate humanoid robots with advanced AI models; Author Calum Chace optimistic about AI's impact on jobs; Meta CEO Zuckerberg explores AI chip collaboration with Samsung in Asia tour- this and more in our daily roundup. Let us take a look.1. Mphasis launches DeepInsights Doc AI for advanced document processingMphasis Ltd's shares rose by 0.31% as it unveiled DeepInsights Doc AI, a document processing tool utilizing…

US SEC investigating if OpenAI investors were misled: report

The Securities and Exchange Commission is scrutinizing internal communications by OpenAI Chief Executive Sam Altman as part of an investigation into whether the company's investors were misled. The Securities and Exchange Commission is scrutinizing internal communications by OpenAI Chief Executive Sam Altman as part of an investigation into whether the company's investors were misled. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the…