• Home
  • NFT
  • Metaverse
  • Cryptocurrency
No Result
View All Result
  • Home
  • NFT
  • Metaverse
  • Cryptocurrency
No Result
View All Result
No Result
View All Result
Home Cryptocurrency

Elon Musk Sues OpenAI and Sam Altman Over Alleged Breach of Nonprofit Agreement

admin by admin
March 2, 2024
in Cryptocurrency
0 0
0
Elon Musk Sues OpenAI and Sam Altman Over Alleged Breach of Nonprofit Agreement
0
SHARES
15
VIEWS
Share on FacebookShare on Twitter


Elon Musk, the entrepreneur behind companies like Tesla and SpaceX, has filed a lawsuit against OpenAI and its CEO, Sam Altman, claiming a breach of their nonprofit agreement. Musk alleges that OpenAI has deviated from its original mission of advancing open-source artificial general intelligence (AGI) for the benefit of humanity.

The legal action, submitted in the San Francisco Superior Court, accuses OpenAI of contract breach, fiduciary duty violation, and unfair business practices. Musk is urging OpenAI to return to its open-source principles and is seeking an injunction to prevent the for-profit exploitation of AGI technology.

The lawsuit focuses on OpenAI’s collaboration with Microsoft, particularly the launch of GPT-4 in March 2023, which Musk claims deviates significantly from OpenAI’s principles. GPT-4 is a closed model, unlike earlier versions, and Musk argues that this move toward proprietary tech benefits Microsoft financially, contradicting OpenAI’s initial nonprofit mission.

OpenAI, which started as a nonprofit AI research lab in 2015, became a commercial giant after establishing a business arm in 2020. Critics, including Musk, argue that the company has shifted its focus to a profit-driven model, prioritizing speed and profit over positive human impact.

OpenAI was created as an open source (which is why I named it “Open” AI), non-profit company to serve as a counterweight to Google, but now it has become a closed source, maximum-profit company effectively controlled by Microsoft.

Not what I intended at all.

— Elon Musk (@elonmusk) February 17, 2023

According to the Financial Times, OpenAI’s revenues have surpassed $2 billion annually, driven by the success of its AI product, ChatGPT, making it one of the fastest-growing tech companies.

Musk has long been concerned about the impact of AI on humanity and has advocated for government regulation and responsible AI development. He criticizes the expertise of OpenAI’s current board, stating that it lacks the technical knowledge required for responsible AGI development.

The conflict between Musk and OpenAI’s board and Altman is related to the development of GPT-4 and the potential next iteration of AGI technology. Musk expresses concern about how this could impact public safety.






Source link

Previous Post

Hong Kong Ends License Application Drive for Crypto Exchanges

Next Post

Nigeria Clarifies Position on Alleged $10 Billion Binance Fine

admin

admin

Next Post
Nigeria Clarifies Position on Alleged $10 Billion Binance Fine

Nigeria Clarifies Position on Alleged $10 Billion Binance Fine

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
All About The Game, NFT Price, and New Mints

All About The Game, NFT Price, and New Mints

July 2, 2023
21Shares present ” Crypto Winter Suite.”

21Shares present ” Crypto Winter Suite.”

June 29, 2022
Indifference Pervades $46 Million ‘First Ever Tweet’ Listing

Indifference Pervades $46 Million ‘First Ever Tweet’ Listing

April 16, 2022
15 Best No KYC Crypto Exchanges for 2025

15 Best No KYC Crypto Exchanges for 2025

December 12, 2025
Reshaping & Innovating the Music Industry Through NFTs

Reshaping & Innovating the Music Industry Through NFTs

0
Fixing Broken Gamenomics: How to End Infinite Selling Pressure in P2E Gaming Economies

Fixing Broken Gamenomics: How to End Infinite Selling Pressure in P2E Gaming Economies

0
CryptoArt Sundays: Interview with Bushra Khan

CryptoArt Sundays: Interview with Bushra Khan

0
Big Time Readies Early Access for Gold VIP Pass Holders

Big Time Readies Early Access for Gold VIP Pass Holders

0
Stablecoin Volume Just Dropped 19% — But Holders and Supply Are Still Growing. Here’s What the Divergence Actually Means.

Stablecoin Volume Just Dropped 19% — But Holders and Supply Are Still Growing. Here’s What the Divergence Actually Means.

April 29, 2026
Ethereum Price Prediction: Charts Hint At Recovery Phase Before Rally

Ethereum Price Prediction: Charts Hint At Recovery Phase Before Rally

April 28, 2026
What is Fat Choi (发财)? “Get Rich” Token Explained

What is Fat Choi (发财)? “Get Rich” Token Explained

April 27, 2026
What Is Flork (FLORK)? The Stick Figure Meme That Became a Crypto Token — and Whether It’s Worth Anything

What Is Flork (FLORK)? The Stick Figure Meme That Became a Crypto Token — and Whether It’s Worth Anything

April 26, 2026

Recommended

Stablecoin Volume Just Dropped 19% — But Holders and Supply Are Still Growing. Here’s What the Divergence Actually Means.

Stablecoin Volume Just Dropped 19% — But Holders and Supply Are Still Growing. Here’s What the Divergence Actually Means.

April 29, 2026
Ethereum Price Prediction: Charts Hint At Recovery Phase Before Rally

Ethereum Price Prediction: Charts Hint At Recovery Phase Before Rally

April 28, 2026
What is Fat Choi (发财)? “Get Rich” Token Explained

What is Fat Choi (发财)? “Get Rich” Token Explained

April 27, 2026
What Is Flork (FLORK)? The Stick Figure Meme That Became a Crypto Token — and Whether It’s Worth Anything

What Is Flork (FLORK)? The Stick Figure Meme That Became a Crypto Token — and Whether It’s Worth Anything

April 26, 2026

About Us

We bring you the latest NFT News and update from all around the Internet!

Categories

  • Cryptocurrency
  • Metaverse
  • NFT
No Result
View All Result
  • Home
  • NFT
  • Metaverse
  • Cryptocurrency

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist