The lawsuit also accuses OpenAI of breach of contract, breach of fiduciary duty, and unfair business practices. Musk is seeking a jury trial and a ruling to force OpenAI to adhere to its original non-profit mission. He also wants OpenAI to be prohibited from monetizing technology it developed as a non-profit for the benefit of its leadership, Microsoft, and other partners. The partnership between OpenAI and Microsoft is reportedly under scrutiny by competition regulators in the US, the UK, and the European Union, and the Securities and Exchange Commission is investigating whether OpenAI misled investors.
Key takeaways:
- Elon Musk has sued OpenAI, accusing the company and its co-founders of violating its non-profit status and foundational agreements by prioritizing profits over the development of AI for the benefit of humanity.
- The lawsuit alleges that OpenAI has become a closed-source subsidiary of Microsoft, which holds a 49% stake and uses OpenAI's technology to power its own AI tools.
- Musk claims that OpenAI is developing an artificial general intelligence (AGI) to maximize profits for Microsoft, which he sees as a betrayal of the founding agreement and a potential threat to humanity.
- The lawsuit seeks a jury trial and a ruling that forces OpenAI to adhere to its original non-profit mission, and to prohibit it from monetizing tech it developed as a non-profit for the benefit of OpenAI leadership, Microsoft, and other partners.