Tesla co-founder and CEO Elon Musk has settled a lawsuit filed by the United States Securities and Exchange Commission (SEC). Though he admitted no wrong-doing, the billionaire agreed to pay a $20 million fine and step down as the company’s chairman for a three-year period for using his...
Musk's lawsuit claimed that OpenAI "has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft" and was "refining an AGI to maximize profits for Microsoft, rather than for the benefit of humanity." His suit sought to prevent Altman,...
Elon Musk shared his criticism of a lawsuit that the United States Department of Justice (DOJ) has filed against SpaceX, which alleged that the private space company “routinely discouraged asylees and refugees from applying and refused to hire or consider them, because of their citizenship status...
Elon Musk hasdropped his lawsuitagainst OpenAI and its CEO, Sam Altman, accusing the company of a breach of contract and allegedly abandoning its mission of creating AI technology to benefit humanity. As reported earlier byCNBC, the case was dismissed without prejudice, meaning Musk can file it ...
The lawsuit fits a pattern for Musk, who has frequently posted on X and commented in public forums about his importance to the creation of OpenAI. In November, Musk told an audience at the The New York Times' DealBook conference that ...
Tech mogul Elon Musk has filed a lawsuit against Microsoft-backed OpenAI and its CEO Sam Altman, among others, accusing them of straying from the company’s initial mission to develop artificial intelligence (AI) for the ...
Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. (photo credit: TINGSHU WANG/REUTERS) A US judge on Thursday will consider whether to dismiss X Corp's lawsuit against a nonprofit that has criticized a rise in hate speech...
In February, Musk had filed a lawsuit against OpenAI, Altman and Brockman — the current CEO and president of OpenAI, respectively — for breach of contract and fiduciary duty. A hearing was scheduled for Wednesday in San Francisco, in which the judge was going to consider whether the case ...
Musk’s new lawsuit accuses OpenAI, Altman and Brockman of misleading him when the AI developer was founded in 2015. At the time, OpenAI allegedly positioned itself as a nonprofit committed to making its AI technology available under an open-source license. The lawsuit argues that the company’...
Elon Musk won dismissal of a lawsuit claiming he refused to pay at least $500 million of severance to thousands of Twitter employees he fired in mass layoffs after buying the social media company now known as X. U.S. District Judge Trina Thompson in San Francisco ruled on Tuesday that the...