Musk Demands $134 Billion From OpenAI
OpenAI was established approximately a decade ago as a nonprofit research lab intended to develop artificial intelligence for the benefit of humanity. He also claimed to have taught the team everything he knows. Musk expressed support for establishing a for-profit company to raise capital because he wanted to maintain control. Musk noted his controlling stake would have been diluted over time, but other founders opposed his control, leading to his departure. Elon Musk testified that Sam Altman and Greg Brockman engaged in unjust enrichment and fraud by breaking promises to keep OpenAI a non-profit. Musk indicated he would desire control over such a structure. The comments follow his previous claims regarding his foundational role in the company, including recruiting staff and providing initial funding. Elon Musk is expected to continue testifying as his side concludes questioning.
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Sources · 7 independent
“Open AI was created about a decade ago and others as a nonprofit research lab to create AI for the benefit of humanity. A couple years in though, the founders decided that they needed a for-profit arm.”
“He said that Sam Altman and the others did with OpenAI was the equivalent of the gift shop selling the Picasso's and pocketing the profits.”
“This case is a dispute between the founders of OpenAI about whether or not it has abandoned its founding mission.”
“OpenAI was created about a decade ago by Musk, CEO Sam Altman, and others as a non-profit research lab to create AI for the benefit of humanity.”
“He argued that Musk is just bitter about OpenAI becoming successful without him. And that he's launched this case to attack a rival.”
“He recruited the people, quote, taught them everything I know, and he provided the initial funding. Now, in the idea of establishing a for-profit company to raise money, Musk said he was actually okay with it and he wanted control of it”
“he literally said he came up with the idea for the company, the name, he recruited the people, quote, taught them everything I know and he provided the initial funding.”
“he literally said he came up with the idea for the company, the name, he recruited the people, quote, taught them everything I know, and he provided the initial funding.”
“over time, but The other founders opposed Musk's control and he left.”
“Musk is suing, claiming Open AI strayed too far from its roots. The lawsuit also charges open AI executives Sam Altman and and Greg Brockman with Unjust Enrichment and Fraud.”
“On the stand yesterday, Musk accused them of stealing a charity and turning it into a moneymaker. And he said he wouldn't have helped start OpenAI if he knew its profitable arm would get so big.”
“This case is about what happened when OpenAI morphed from a stand-alone nonprofit into a nonprofit that ostensibly controls a for-profit organization.”
“His opening line, we're here because Mr Musk didn't get his way. He argued that Musk was fully involved from the the get-go in discussions about creating a for-profit arm, but that Musk wanted to control it.”
“about creating a for-profit arm, but that Musk wanted to control it.”
“Musk's lead lawyer put it this way on their side. He said, it's okay to have a for-profit company support a nonprofit. That's what he says museum gift shops are supposed to do.”
“OpenAI's lead lawyer had a little bit of a different take He argued that Musk is just bitter about open AI becoming successful without him and that he's launched this case to attack a rival”
“Musk's lead lawyer put it this way on their side. He said, it's okay to have a for-profit company support a nonprofit. That's what he says Sam Altman and the others did with OpenAI was the equivalent of the gift shop”
“the others did with OpenAI was the equivalent of the gift shop”
“OpenAI's lead lawyer had a little bit of a different take. He argued that Musk is just bitter about OpenAI becoming successful without him, and that he's launched this case to attack a rival.”
“Musk's lead lawyer put it this way on their side. He said, it's okay to have a for-profit company support a non-profit. That's what he says museum gift shops are supposed to do. But he said what Sam Altman and the others did with open AI was the equivalent of the gift shop selling the Picasso's and pocketing the profits.”
“Now, on the idea of establishing a for-profit company to raise money, Musk said he was actually okay with it and he wanted control.”
“Musk will continue to testify when his side wraps up questioning him. He's gonna be cross-examined by Altman's legal team, which could be very interesting.”
“Musk will continue to testify when his side wraps up questioning him. He's going to be cross-examined by Altman's legal team”
“Musk said he was actually okay with it and he wanted control. he actually used to talk about AI so much”
“Musk is suing Altman and the company itself. alleging they lied about keeping open AI a nonprofit as it was originally founded in 2015.”
“Musk said he was actually okay with it and he wanted control.”
“Илон Маск. Он начал давать показания в суде просто разработчика чат GPC. основателей OpenAI, но позже расслурился с партнерами.”
“Musk is demanding 134 billion dollars from OpenAI. He believes that we must...”
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