Reported about 1 year ago
Billionaire Elon Musk withdrew his lawsuit against OpenAI, the developer of ChatGPT, and its founder Sam Altman on June 11 at the San Francisco court. While Musk's actions may suggest a truce, as one of the most influential tech entrepreneurs, the competition between Musk and Altman in the field of artificial intelligence (AI) continues. Meanwhile, a Tesla shareholder sued Musk for allegedly profiting from insider trading by selling Tesla stock before disclosing significant information, demanding the return of illicit gains. Musk's lawsuit against OpenAI in February accused the company of deviating from its original non-profit focus on developing AI for the benefit of humanity. Musk's lawyers requested to withdraw the case without providing reasons, indicating potential for further legal battles despite cancellation. This reflects Musk's long-standing dissatisfaction with OpenAI, which he was part of in its early stages. OpenAI made waves last year with its AI advancements after receiving significant investment from Microsoft, ultimately leading to Musk's founding of xAI with a high valuation. The case highlights Musk's discontent with OpenAI's shift towards profit-oriented initiatives compared to its initial altruistic goals.
Source: YAHOO