What happened to the lawsuit? Makes you think… I’m still with Elon though.
Elon Musk has recently withdrawn his lawsuit against OpenAI, an artificial intelligence company based in San Francisco, just before a hearing that was set to take place on Wednesday. This legal action, initiated by Musk in February at the San Francisco Superior Court, accused OpenAI and its CEO Sam Altman of deviating from the organization’s original philanthropic mission.
Elon Musk has unexpectedly dropped his lawsuit against #OpenAI and its co-founders #SamAltman and #GregBrockman. He had accused them of betraying the startup’s founding mission. The case, filed in February, was dismissed with prejudice. #ai #artificialintelligence #chatgpt pic.twitter.com/5cdZtaoOQ5
— Mint (@livemint) June 12, 2024
The lawsuit alleged that Musk, a billionaire and a primary financier in the founding of OpenAI, had an understanding with Altman and OpenAI president Greg Brockman that the company would remain a nonprofit. The intent was to ensure that the developments and technologies created by OpenAI would be used for public good and that their AI technology would remain openly accessible, rather than being confined for proprietary use.
Musk contended that OpenAI’s partnership with Microsoft compromised these foundational ideals, accusing the company’s leaders of setting aside their nonprofit origins in pursuit of profit, thus breaching the original agreement. The lawsuit articulated claims of breach of contract, breach of fiduciary duty, and unfair business practices, suggesting that these actions perverted the company’s altruistic aim.
Elon Musk Drops OpenAI Lawsuit Over Alleged Breach of Founding Mission
Elon Musk has decided to drop his lawsuit against OpenAI and its CEO, Sam Altman, which claimed that the company breached its original mission by prioritizing profits over humanity. Musk argued that OpenAI… pic.twitter.com/XgOCVczmuF
— AIIA (@Aiinaustralia) June 11, 2024
Despite these serious accusations, the consensus among legal experts was that Musk’s lawsuit faced significant challenges and was unlikely to be successful in court. Subsequently, Musk’s legal team filed a motion on Tuesday to dismiss the lawsuit, although they did not provide a reason for their decision to halt the legal proceedings.
At the scheduled status hearing on Wednesday, neither Musk nor his legal representatives were present. In response to the lawsuit, OpenAI had previously committed to having the claims dismissed and had disclosed emails from Musk that supported the idea of transforming OpenAI into a for-profit entity, contradicting the assertions made in his legal challenge.
Musk drops lawsuit against OpenAI pic.twitter.com/5A6crVeO1I
— The Epoch Times (@EpochTimes) June 12, 2024
As the case has been withdrawn, both parties have refrained from offering immediate comments on the dismissal. This resolution leaves the nature of OpenAI’s future commitments and the implications of Musk’s withdrawal from the lawsuit open to speculation.
Major Points:
- Elon Musk withdrew his lawsuit against OpenAI, a San Francisco-based AI company, just before a scheduled court hearing.
- Musk had sued OpenAI and its CEO, Sam Altman, claiming they deviated from the company’s original non-profit mission aimed at benefiting humanity.
- The lawsuit accused OpenAI of prioritizing profit and breaching an initial agreement by partnering closely with Microsoft, which allegedly perverted the organization’s goals.
- Legal experts doubted the success of Musk’s claims, which included breach of contract and unfair business practices.
- Musk’s motion to dismiss the lawsuit was filed without explanation, and neither party commented immediately on the case’s withdrawal.
RM Tomi – Reprinted with permission of Whatfinger News
