- OpenAI and its CEO Sam Altman have been sued by Elon Musk.
- Musk noted that OpenAI has become a de facto subsidiary of Microsoft.
- The lawsuit will be “foundational,” claims Cardano creator Charles Hoskinson.
OpenAI, the San Francisco-based artificial intelligence (AI) firm, has found itself in the midst of a storm after a lawsuit filed by Tesla chief executive Elon Musk.
Notably, Musk claims that OpenAI has deviated from its nonprofit, open-source mission to become a for-profit entity. He noted that OpenAI has become a de facto subsidiary of Microsoft.
Charles Hoskinson, the creator of Cardano, stated in a post on social media platform X that the lawsuit “will be foundational,” while adding:
It forces a legal discussion of what AGI is and also reveals how not-for-profits are used to evade taxes for commercial product development.
Interestingly, OpenAI chief strategy officer Jason Kwon has vehemently denied Musk’s allegations, even suggesting that the billionaire regrets not being actively involved with OpenAI.
In a lawsuit filed at the San Francisco Superior Court, Musk accuses OpenAI of breaching its founding agreement, engaging in unfair business practices, and deviating from the path of an open-source platform, betraying its customers.
Musk contends that under its new board, OpenAI is not just developing but actively refining an Artificial General Intelligence (AGI) to maximize profits for Microsoft, rather than prioritizing the betterment of humanity.
On the other hand, OpenAI’s CEO, Sam Altman, supports Kwon’s stance, acknowledging that the journey was never meant to be easy. Altman stated that “the attacks will keep coming,” highlighting the challenges faced by OpenAI in balancing its mission and business interests.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
