Elon Musk Sues Sam Altman And OpenAI For 'Refining AGI' To Maximize Profits For Microsoft: 'Stark Betrayal Of Founding Agreement'
Portfolio Pulse from Rounak Jain
Elon Musk has filed a lawsuit against Sam Altman and OpenAI, accusing them of betraying the founding principles of the AI startup by prioritizing profit maximization for Microsoft (NASDAQ:MSFT) over the benefit of humanity. Musk alleges that OpenAI's transition to a closed-source model and its licensing agreement with Microsoft, which has invested $13 billion in OpenAI, compromises the startup's original mission. Musk demands that GPT-4 and future models be labeled as AGI, putting them beyond Microsoft's licensing agreement.
March 01, 2024 | 10:27 am
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Microsoft is implicated in a lawsuit filed by Elon Musk against OpenAI and Sam Altman, accusing them of prioritizing Microsoft's profits over the original mission of OpenAI. Musk's demands could potentially affect Microsoft's access to future AI technologies developed by OpenAI.
The lawsuit directly implicates Microsoft in a scheme to prioritize profit over the founding principles of OpenAI, potentially limiting Microsoft's access to future AI technologies. This negative publicity and the potential loss of access to cutting-edge AI technologies could negatively impact Microsoft's stock in the short term.
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