Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Sam Altman brings the receipts on Elon Musk's involvement in OpenAI

Mar 06, 2024 - businessinsider.com
Elon Musk is suing OpenAI, the company he left in 2018, accusing it and its leaders of abandoning their open-source principles by partnering with Microsoft. The lawsuit argues that OpenAI's 2019 shift to a "capped-profit" division breaches its original 2015 contract as a nonprofit. OpenAI responded to the lawsuit in a blog post, revealing internal emails between Musk and OpenAI executives from 2015 to 2018. The emails show Musk suggesting that OpenAI "attach to Tesla as its cash cow" and his desire for majority equity, initial board control, and the CEO position.

OpenAI's blog post also reveals that Musk withheld funding during discussions about the company's financial future, leading to Reid Hoffman bridging the gap to cover salaries and operations. The company refused Musk's terms for a for-profit structure, citing it was against their mission for any individual to have absolute control. The recent drama unfolds weeks after OpenAI finalized a deal valuing the company at $80 billion. Despite Musk's accusations, OpenAI assures it is focused on advancing its mission.

Key takeaways:

  • Elon Musk is suing OpenAI, a company he left years ago, and its CEO, Sam Altman, accusing them of abandoning their open-source principles by partnering with Microsoft and breaching their original contract as a nonprofit.
  • OpenAI responded to the lawsuit in a blog post, revealing details about Musk's relationship with the company and his proposal to merge OpenAI into Tesla.
  • The blog post also revealed that Musk wanted majority equity, initial board control, and to be CEO of OpenAI, and withheld funding during discussions about the company's financial future.
  • Despite Musk's accusations, OpenAI stated that they are focused on advancing their mission and intend to dismiss all of Musk's claims.
View Full Article

Comments (0)

Be the first to comment!