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“Elon Musk Withdraws Lawsuit Against OpenAI”

On June 11, Reuters reported that billionaire entrepreneur Elon Musk moved to dismiss his lawsuit against OpenAI and its CEO Sam Altman. The lawsuit, originally filed in February, accused the AI startup of straying from its original mission to develop artificial intelligence for the benefit of humanity and not for profit. Musk’s attorneys submitted the request to the California state court without providing a reason, according to a filing in San Francisco Superior Court. This move came just before a scheduled hearing where a Superior Court judge was set to consider OpenAI’s motion to dismiss the lawsuit.

Both OpenAI and Musk’s attorney have not responded to requests for comment. The dismissal was filed without prejudice, allowing Musk the option to refile the lawsuit in the future. This legal action highlighted Musk’s ongoing discontent with OpenAI, a company he co-founded but which has since garnered significant attention and investment, particularly from Microsoft.

In July, Musk launched his own AI startup, xAI, which recently raised $6 billion in series B funding, achieving a post-money valuation of $24 billion. Musk’s lawsuit contended that OpenAI’s founders, Altman and Greg Brockman, had initially proposed creating an open-source, non-profit organization. However, Musk argued that OpenAI, established in 2015, had shifted its focus towards profitability, especially after releasing its advanced language model GPT-4.

The lawsuit sought to compel OpenAI to make its research and technology publicly accessible and to prevent the use of its assets for the financial benefit of entities like Microsoft. In response, OpenAI described the lawsuit as baseless and an attempt by Musk to undermine their success and promote his own AI ventures. OpenAI’s legal team contended that Musk’s claims were incoherent and motivated by self-interest, emphasizing that Musk was seeking to capitalize on the technological advances made by OpenAI.

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Author:- Apoorva Arora

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