Thursday, April 25, 2024

No founding agreement with Elon Musk, claims OpenAI


Share post:


Shillong, March 12: Sam Altman-run OpenAI has clarified that they are not in any kind of founding agreement with Tesla and SpaceX CEO Elon Musk, refuting his claim that the ChatGPT maker violated a contract with the billionaire.

In a court filing, the company said that the evidence would show that “Musk supported a for-profit structure for OpenAI, to be controlled by Musk himself, and dropped the project when his wishes were not followed”.

“Seeing the remarkable technological advances OpenAI has achieved, Musk now wants that success for himself,” the lawsuit read.

The company argued that there is no “Founding Agreement, or any agreement at all with Musk, as the complaint itself makes clear”.

“The Founding Agreement is instead a fiction Musk has conjured to lay unearned claim to the fruits of an enterprise he initially supported, then abandoned, then watched succeed without him,” read the lawsuit.

OpenAI last week hit back at Musk’s lawsuit, saying as the company discussed a for-profit structure in order to further the mission, “Musk wanted us to merge with Tesla or he wanted full control”.

In a blog post, the ChatGPT maker alleged that Musk wanted “majority equity, initial board control, and to be CEO.”

In the middle of these discussions, “he withheld funding”.

Musk alleged in his lawsuit that OpenAI has become “a closed-source de facto subsidiary” of Microsoft. (IANS)


Related articles

Ukraine suspends passport service for military-aged men abroad

Shillong, April 25: The Ukrainian government has suspended issuing and renewing passports for overseas military-aged men, Ukrayinska Pravda,...

Vet student ‘suicide’: Kerala HC dismisses suspended VC’s petition challenging action against him

Shillong, April 25: The Kerala High Court on Thursday dismissed the writ petition filed by suspended Kerala Veterinary...

Statement on Chakma-Hajong refugees misinterpreted, clarifies Rijiju

Guwahati, April 25: Amidst concerns and apprehensions among various sections in Assam, Union minister Kiren Rijiju on Thursday...

Jacqueliene urges fans to adopt and not shop: Animal breeding industry is cruel

Mumbai, April 25:  Actress Jacqueliene Fernandez, an avid animal lover, has stepped forward in support of them, urging...