OpenAI has publicly responded to a lawsuit filed by Elon Musk, who accused the company of deviating from its original nonprofit mission. In a blog post, the OpenAI co-founders stated that Musk had previously sought to merge OpenAI with Tesla or gain full control over the company. They claimed that Musk demanded majority equity, board control, and the position of CEO, which they believed contradicted the mission of preventing any single individual from having complete control over OpenAI.
Category
🗞
NewsTranscript
00:00 It's Benzinga and here's what's on the block.
00:02 OpenAI has publicly responded to a lawsuit filed by Elon Musk who accused the company
00:06 of deviating from its original non-profit mission. In a blog post, the OpenAI co-founder
00:10 stated that Musk had previously sought to merge OpenAI with Tesla or gain full control over the
00:15 company. They claimed that Musk demanded a majority equity board control and the position of CEO,
00:20 which they believed contradicted the mission of preventing any single individual from having
00:24 complete control over OpenAI. Musk's lawsuit alleges that OpenAI has become a closed-source
00:28 subsidiary of Microsoft, focused more on profit than humanity, and that this constitutes a breach
00:33 of the supposed founding agreement. For all things money, visit Benzinga.com.