Elon Musk sues OpenAI, renewing claims ChatGPT-maker put profits before 'the benefit of humanity'
5 months, 1 week ago

Elon Musk sues OpenAI, renewing claims ChatGPT-maker put profits before 'the benefit of humanity'

New Indian Express  

LOS ANGELES: Elon Musk filed a lawsuit on Monday against OpenAI and two of its founders, Sam Altman and Greg Brockman, renewing claims that the ChatGPT-maker betrayed its founding aims of benefiting the public good rather than pursuing profits. The lawsuit, filed in a Northern California federal court, called Musk's case a “textbook tale of altruism versus greed.” Altman and others named in the suit “intentionally courted and deceived Musk, preying on Musk’s humanitarian concern about the existential dangers posed by artificial intelligence,” according to the complaint. Musk was an early investor in OpenAI when it was founded in 2015 and co-chaired its board alongside Altman. Musk resigned from the board in early 2018 in a move that OpenAI said — at the time — would prevent conflicts of interest as he was recruiting AI talent to build self-driving technology at the electric car maker.

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History of this topic

US securities regulator sues Musk over purchase of Twitter shares
5 hours, 42 minutes ago

US securities regulator sues Musk over purchase of Twitter shares

Deccan Chronicle  

The United States Securities and Exchange Commission has sued Elon Musk, arguing that his purchase of Twitter shares in 2022 was carried out with violations, the regulator said in a filing published Tuesday. "Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of …

US government sues Elon Musk for allegedly failing to disclose Twitter stock ownership
10 hours, 19 minutes ago

US government sues Elon Musk for allegedly failing to disclose Twitter stock ownership

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he …

US DoJ & FTC back Elon Musk's charge against OpenAI's Microsoft partnership, for-profit transition
2 days, 2 hours ago

US DoJ & FTC back Elon Musk's charge against OpenAI's Microsoft partnership, for-profit transition

Firstpost  

The FTC has been keeping tabs on OpenAI for a while, with investigations probing its practices and partnerships. A study into AI investments by major tech players like Microsoft is expected soon The FTC has also been examining whether OpenAI misled consumers about its offerings and whether its board arrangements crossed legal boundaries. Image Credit: Reuters, Reuters The US Department …

Elon Musk reacts to interview by OpenAI whistleblower Suchir Balaji’s mother
3 days, 17 hours ago

Elon Musk reacts to interview by OpenAI whistleblower Suchir Balaji’s mother

Live Mint  

OpenAI whistleblower Suchir Balaji was found found dead in his apartment last year — with several people including Elon Musk crying foul. Balaji was found dead in his San Francisco apartment last year — months after accusing OpenAI of violating copyright laws while developing ChatGPT. Suchir Balaji had expressed skepticism about the "fair use" of generative artificial intelligence products during …

U.S. supports Musk argument in OpenAI lawsuit
4 days, 6 hours ago

U.S. supports Musk argument in OpenAI lawsuit

The Hindu  

U.S. antitrust enforcers weighed in on Friday on Elon Musk's lawsuit seeking to block OpenAI's conversion to a public company, pointing out legal doctrines that support his claim that OpenAI and Microsoft engaged in anticompetitive practices. Musk's lawyer Marc Toberoff said, "the participation of the DOJ and FTC is a sign of how seriously regulators take OpenAI and Microsoft’s misconduct.” …

Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring: Report
5 days, 6 hours ago

Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring: Report

The Hindu  

A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate restructuring, sources familiar with the matter told Reuters on Thursday. Musk's attorney Marc Toberoff sent a letter to the states' top …

Elon Musk will do ‘all sorts of bad s***,’ OpenAI boss claims
1 week ago

Elon Musk will do ‘all sorts of bad s***,’ OpenAI boss claims

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sam Altman, the CEO of OpenAI, doesn’t think too highly of his scorned …

OpenAI outlines new for-profit structure to stay ahead in costly AI race
2 weeks, 4 days ago

OpenAI outlines new for-profit structure to stay ahead in costly AI race

The Hindu  

OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation that would make it easier to raise capital and remove the restrictions imposed on the startup by its current nonprofit parent. "The key to the announcement is that the for-profit side of OpenAI 'will run and control OpenAI's operations and business,'" DA Davidson …

Sam Altman lambasts Elon Musk as ‘Bully’, reveals why he has ‘issues’ with OpenAI
3 weeks, 2 days ago

Sam Altman lambasts Elon Musk as ‘Bully’, reveals why he has ‘issues’ with OpenAI

Hindustan Times  

Sam Altman, the CEO of OpenAI, has opened up about his complicated relationship with billionaire Elon Musk, calling the Tesla CEO a “bully.” Altman also discussed Musk's propensity to publicly quarrel with other well-known people, including Bill Gates and Jeff Bezos. Sam Altman argued that Elon Musk's problems with OpenAI are a result of his need for power and that …

OpenAI fires back at Elon Musk's for-profit lawsuit, claims he wanted to have a for-profit component
4 weeks, 1 day ago

OpenAI fires back at Elon Musk's for-profit lawsuit, claims he wanted to have a for-profit component

Firstpost  

Elon Musk’s lawsuit seeks to block OpenAI and its CEO Sam Altman from shifting the organisation, currently overseen by a nonprofit, into a more conventional corporate structure. However, Musk was pushing for a for-profit structure in which he held majority control and equity At the core of OpenAI’s rebuttal are emails exchanged between Musk, Sam Altman, and other OpenAI co-founders …

After Elon Musk, now Meta is trying to block OpenAI from switching to a for-profit model
4 weeks, 2 days ago

After Elon Musk, now Meta is trying to block OpenAI from switching to a for-profit model

Firstpost  

Meta accuses OpenAI of leveraging its nonprofit beginnings to attract substantial investment, only to now seek private gain. Meta contends that OpenAI’s conversion would allow it to unfairly reap benefits built on a charitable foundation The battle over OpenAI’s status highlights a broader debate about the balance between innovation and ethical responsibility in the AI industry. Critics like Meta and …

Weekly Tech Recap: Apple rolls out iOS 18.2 update, Google unveils Gemini 2.0, OpenAI hits back at Elon Musk and more
1 month ago

Weekly Tech Recap: Apple rolls out iOS 18.2 update, Google unveils Gemini 2.0, OpenAI hits back at Elon Musk and more

Live Mint  

With Apple releasing iOS 18.2 update, Google launching Gemini 2.0 model and OpenAI revealing some key documents to tackle Elon Musk's allegations, this week was full of interesting tech developments. Top tech news this week: 1) iOS 18.2 rolled out: Apple rolled out the second iteration of its Apple Intelligence features with the iOS 18.2 update this week. 3) OpenAI …

OpenAI fires back at Elon Musk bid to block for-profit conversion
1 month ago

OpenAI fires back at Elon Musk bid to block for-profit conversion

The Hindu  

OpenAI asked a federal judge in California on Friday to reject a request by billionaire Elon Musk to halt the ChatGPT maker’s conversion to a for-profit company. Musk sued OpenAI, its CEO Sam Altman and others in August, claiming they violated contract provisions by putting profits ahead of the public good in the push to advance AI. Musk has since …

Meta urges California attorney general to stop OpenAI from becoming for-profit: Report
1 month ago

Meta urges California attorney general to stop OpenAI from becoming for-profit: Report

The Hindu  

Meta Platforms is urging California's attorney general to block OpenAI's planned conversion to a for-profit company, the Wall Street Journal reported on Friday. In a letter to Attorney General Rob Bonta dated Thursday, Meta said that allowing OpenAI to become a for-profit company would set a dangerous precedent of allowing startups to enjoy the advantages of nonprofit status until they …

Elon Musk created for-profit structure for OpenAI; Sam Altman’s startup hits back at Tesla CEO
1 month ago

Elon Musk created for-profit structure for OpenAI; Sam Altman’s startup hits back at Tesla CEO

Live Mint  

San Francisco-based OpenAI has added a new twist to its ongoing controversy with Elon Musk by releasing a list of emails on its website claiming that the Tesla CEO wanted a for-profit structure for the startup. OpenAI shared documents showing that Elon Musk instructed his wealth manager, Jared Birchall, to register a company called "Open Artificial Intelligence Technologies, Inc.", which …

Musk-OpenAI battle: ChatGPT maker hits back at co-founder’s 'love' for nonprofit structure
1 month ago

Musk-OpenAI battle: ChatGPT maker hits back at co-founder’s 'love' for nonprofit structure

New Indian Express  

Sam Altman-led artificial intelligence research startup and ChatGPT maker OpenAI on Friday responded to Elon Musk's legal action against it, accusing him of trying to create a for-profit version of the company in 2017. A Friday blog post by OpenAI countered Musk's argument revealing that the he had proposed a for-profit structure for the startup but walked away when he …

OpenAI’s legal battle with Elon Musk reveals internal turmoil over avoiding AI ‘dictatorship’
1 month ago

OpenAI’s legal battle with Elon Musk reveals internal turmoil over avoiding AI ‘dictatorship’

Associated Press  

A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence “dictatorship” is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing shift into a for-profit company. OpenAI filed a response Friday opposing Musk’s requested order, saying it would “debilitate OpenAI’s business” and mission …

OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'
1 month ago

OpenAI's legal battle with Elon Musk reveals internal turmoil over avoiding AI 'dictatorship'

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “OpenAI and Microsoft together exploiting Musk’s donations so …

OpenAI's Altman will donate $1 million to Trump's inaugural fund
1 month ago

OpenAI's Altman will donate $1 million to Trump's inaugural fund

Deccan Chronicle  

LOS ANGELES: OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump's inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. Altman, who is in a legal dispute with rival Elon Musk, has said he is “not that worried” about the …

OpenAI chief 'believes' Musk will not abuse government power
Trending News
1 month, 1 week ago

OpenAI chief 'believes' Musk will not abuse government power

Raw Story  

OpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions "profoundly un-American." Speaking at the New York Times DealBook conference, Altman addressed concerns about Musk's announced role heading a new Department of Government Efficiency in the incoming Donald Trump administration, and whether he might use …

'Elon will do the right thing, won't abuse government powers,' says OpenAI CEO Sam Altman
1 month, 1 week ago

'Elon will do the right thing, won't abuse government powers,' says OpenAI CEO Sam Altman

Firstpost  

Altman addressed concerns that Musk might misuse his proximity to political power to benefit his own businesses or harm competitors, calling such behaviour “profoundly un-American” Musk’s close alliance with Donald Trump has raised eyebrows since the tycoon actively supported Trump’s presidential campaign, pouring over $100 million into it and appearing at rallies. Image Credit: Reuters, Reuters Sam Altman, CEO of …

Elon Musk Files Injunction Against OpenAI, Sam Altman Says X-Owner Won't Abuse Government Power
1 month, 1 week ago

Elon Musk Files Injunction Against OpenAI, Sam Altman Says X-Owner Won't Abuse Government Power

ABP News  

Elon Musk, the owner of X, and the head of the Department of Government Efficiency has recently filed a preliminary injunction to prevent OpenAI from transitioning to a for-profit model. Now, OpenAI CEO Sam Altman has showed faith in the tech titan by saying that Musk would not use his proximity to Donald Trump to harm business rivals. Elon Musk's …

OpenAI chief 'believes' Elon Musk will not abuse government power
1 month, 1 week ago

OpenAI chief 'believes' Elon Musk will not abuse government power

The Hindu  

OpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions "profoundly un-American." Speaking at the New York Times DealBook conference, Altman addressed concerns about Musk's announced role heading a new Department of Government Efficiency in the incoming Donald Trump administration, and whether he might use …

OpenAI’s Sam Altman ‘not that worried’ about rival Elon Musk’s influence in the Trump administration
1 month, 1 week ago

OpenAI’s Sam Altman ‘not that worried’ about rival Elon Musk’s influence in the Trump administration

Associated Press  

OpenAI CEO Sam Altman, who is in a legal dispute with rival Elon Musk, said he is “not that worried” about Musk’s influence in the incoming Trump administration. Asked about his frayed relationship with Musk, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. Altman also addressed another pending lawsuit against OpenAI …

Elon Musk asks US court to block OpenAI's for-profit conversion, alleges anticompetitive practices
Trending News
1 month, 1 week ago

Elon Musk asks US court to block OpenAI's for-profit conversion, alleges anticompetitive practices

Firstpost  

Musk’s latest motion accuses OpenAI and Microsoft of several antitrust violations, including allegedly discouraging investors from supporting rival companies like his own xAI. Image Credit: Reuters, Reuters Elon Musk’s legal battle with OpenAI and Microsoft has taken another dramatic turn, as his attorneys filed for an injunction on Friday, accusing both companies of engaging in anticompetitive practices. Allegations of anti-competitive …

Elon Musk takes Sam Altman's OpenAI to court over for-profit transformation
1 month, 1 week ago

Elon Musk takes Sam Altman's OpenAI to court over for-profit transformation

India Today  

Elon Musk has filed a legal injunction in a California court to stop OpenAI from transitioning to a for-profit model. Musk, who co-founded OpenAI but left in 2018 over disagreements with its leadership, accused Open AI of unfair practices that harm competitors, including his own AI company, xAI. KEY ALLEGATIONS AGAINST OPENAI The lawsuit has named OpenAI, its CEO Sam …

Elon Musk asks US court to block OpenAi's for-profit conversion
1 month, 2 weeks ago

Elon Musk asks US court to block OpenAi's for-profit conversion

Deccan Chronicle  

WASHINGTON: Elon Musk has again asked a US court to stop ChatGPT-maker OpenAI from converting into a for-profit enterprise, CNBC reported Saturday. The move is the latest development in a business feud between OpenAI and Musk, who co-founded the group in 2015 but has since left. Musk has alleged that OpenAI bars its investors from making investments in rivals -- …

Elon Musk challenges OpenAI’s change to for-profit entity
1 month, 2 weeks ago

Elon Musk challenges OpenAI’s change to for-profit entity

Hindustan Times  

Elon Musk has again asked a US court to stop ChatGPT-maker OpenAI from converting into a for-profit enterprise, CNBC reported Saturday. The move is the latest development in a business feud between OpenAI and Musk, who co-founded the group in 2015 but has since left. Musk has alleged that OpenAI bars its investors from making investments in rivals -- which …

Elon Musk plans to launch a new chatbot to take on OpenAI: Report
1 month, 2 weeks ago

Elon Musk plans to launch a new chatbot to take on OpenAI: Report

Hindustan Times  

Elon Musk is planning to launch a new chatbot to further scale his artificial intelligence startup xAI and take on OpenAI which he also had co-founded, but left in 2018 due to a power struggle. This comes as a by-product of Musk pushing contractors to build Colossus, a massive new data centre in Memphis, Tennessee, in just 122 days with …

Inside Elon Musk’s quest to beat OpenAI at its own game
1 month, 2 weeks ago

Inside Elon Musk’s quest to beat OpenAI at its own game

Live Mint  

Elon Musk spent the past year building his artificial intelligence startup xAI at breakneck speed. Now he is promising the facility in Memphis, Tenn. will help xAI deliver the world’s most powerful AI “by every metric" by December. “xAI has done a tremendous job of rapidly putting together its own infrastructure and building out its operations and its team," said …

Musk escalates Altman legal feud, casting OpenAI as monopolist
1 month, 3 weeks ago

Musk escalates Altman legal feud, casting OpenAI as monopolist

LA Times  

Tesla and SpaceX CEO Elon Musk, who launched his xAI startup last year, has accused Sam Altman and OpenAI of trying to corner the market for generative artificial intelligence. “Microsoft and OpenAI, apparently unsatisfied with their monopoly, or near so, in generative artificial intelligence are now actively trying to eliminate competitors, such as xAI, by extracting promises from investors not …

'Propaganda machine': Sam Altman mocks Elon Musk's AI model for Kamala Harris answer
1 month, 4 weeks ago

'Propaganda machine': Sam Altman mocks Elon Musk's AI model for Kamala Harris answer

Hindustan Times  

Sam Altman and Elon Musk locked horns over their AI chatbots after the OpenAI CEO shared screenshots showing the two AI bots in action. The post shared by Altman on X, which is owned by Musk, shows the two AI models being asked to pick the better presidential candidate between Kamala Harris and Donald Trump. Elon Musk hit back at …

Elon Musk expands his lawsuit against OpenAI, drags Microsoft & adds federal antitrust claims
1 month, 4 weeks ago

Elon Musk expands his lawsuit against OpenAI, drags Microsoft & adds federal antitrust claims

Firstpost  

Musk’s ammended lawsuit alleged that Microsoft and OpenAI illegally sought to monopolize the market for generative artificial intelligence and have sidelined other competitors Tesla CEO Elon Musk has expanded his lawsuit against the ChatGPT maker OpenAI, dragging the company’s largest financial backer, Microsoft. The lawsuit alleged that Microsoft and OpenAI illegally sought to monopolize the market for generative artificial intelligence …

Elon Musk targets Microsoft in OpenAI lawsuit: ‘Trying to eliminate competitors’
1 month, 4 weeks ago

Elon Musk targets Microsoft in OpenAI lawsuit: ‘Trying to eliminate competitors’

Hindustan Times  

Elon Musk has updated his fraud, breach of contract, and racketeering lawsuit against OpenAI, now making antitrust claims against Microsoft, according to a report by The Verge. Then Microsoft in 2019, invested $14 billion into OpenAI and now holds exclusive rights to commercially license its technology along with a 49% stake in its for-profit subsidiary. The lawyers of Elon Musk …

Musk expands lawsuit against OpenAI, adding Microsoft and antitrust claims
1 month, 4 weeks ago

Musk expands lawsuit against OpenAI, adding Microsoft and antitrust claims

The Hindu  

Billionaire entrepreneur Elon Musk expanded his lawsuit against ChatGPT maker OpenAI, adding federal antitrust and other claims and adding OpenAI's largest financial backer Microsoft as a defendant. Musk’s amended lawsuit, filed on Thursday night in federal court in Oakland, California, said Microsoft and OpenAI illegally sought to monopolize the market for generative artificial intelligence and sideline competitors. Like Musk's original …

Sam Altman hits back at Elon Musk over Grok vs ChatGPT debate: 'Which is the left-wing machine?'
1 month, 4 weeks ago

Sam Altman hits back at Elon Musk over Grok vs ChatGPT debate: 'Which is the left-wing machine?'

Live Mint  

OpenAI CEO Sam Altman has responded to X owner and entrepreneur Elon Musk's repeated claims about ChatGPT's alleged left-wing bias. In a post shared on X, Altman compared the responses from OpenAI’s ChatGPT and Musk's AI chatbot, Grok, to a query about choosing between Kamala Harris and Donald Trump in the US presidential election. Without naming Musk directly, Altman questioned …

Elon Musk Keeps Getting Hit With Lawsuits For Duping Trump Supporters
2 months ago

Elon Musk Keeps Getting Hit With Lawsuits For Duping Trump Supporters

Huff Post  

LOADING ERROR LOADING Billionaire Elon Musk has been hit with several proposed class-action lawsuits over allegations that his political action committee engaged in fraud by falsely telling voters they had a chance to randomly win $1 million when winners had actually been predetermined. As part of the PAC, Musk enticed Trump supporters in battleground states by promising them a chance …

Calls grow for Elon Musk to lead US artificial intelligence policy: Report
2 months ago

Calls grow for Elon Musk to lead US artificial intelligence policy: Report

Hindustan Times  

Efforts to influence the policies of newly elected Donald Trump through Elon Musk are already underway, with artificial intelligence advocacy group Americans for Responsible Innovation launching a petition to make Musk a special advisor on AI, The Verge reported. Elon Musk had previously made claims he would join the Trump administration in a role he created called the head of …

Elon Musk is sued over $1 million election giveaway
2 months, 1 week ago

Elon Musk is sued over $1 million election giveaway

Live Mint  

By Jonathan Stempel Nov 5 - Elon Musk was sued in a proposed class action on Tuesday by registered voters who signed his petition to support the Constitution for a chance to win his $1 million-a-day giveaway, and now claim it was a fraud. The complaint filed by Arizona resident Jacqueline McAferty in the Austin, Texas federal court said Musk …

Musk to appear in court as part of Trump campaign suit
2 months, 2 weeks ago

Musk to appear in court as part of Trump campaign suit

Raw Story  

Billionaire Elon Musk was expected in court in Philadelphia on Thursday, after a judge ordered him to attend a hearing in a lawsuit seeking to halt his $1 million giveaways to registered US voters in swing states. Philadelphia's chief prosecutor Larry Krasner lodged the suit on Monday, calling Musk's project "an illegal lottery scheme", with the judge in the case …

Elon Musk sued by Philadelphia DA over 'illegal' $US1 million daily giveaways
2 months, 2 weeks ago

Elon Musk sued by Philadelphia DA over 'illegal' $US1 million daily giveaways

ABC  

Elon Musk is being sued by Philadelphia's district attorney over his $US1 million giveaways in support of Donald Trump's presidential campaign. It is the first legal action to be brought over the billionaire tech mogul's America PAC and the sweepstakes offering $US1m every day until election day next week. "The Philadelphia District Attorney is charged with protecting the public from …

‘Over the line’: Ex-prosecutor says Elon Musk's offer to pay voters borders on criminal
2 months, 3 weeks ago

‘Over the line’: Ex-prosecutor says Elon Musk's offer to pay voters borders on criminal

Raw Story  

Calling it a “thorny issue” for Department of Justice prosecutors to untangle, CNN’s Elie Honig floated the idea that billionaire entrepreneur Elon Musk could be violating federal election law with his offer to pay voters to sign his pro-Donald Trump petition, but added that legal charges aren't expected before Election Day. “This is yet another one of these wild hypotheticals …

OpenAI fires back at Musk over ‘altruism versus greed’ lawsuit
3 months ago

OpenAI fires back at Musk over ‘altruism versus greed’ lawsuit

LA Times  

OpenAI has fired back at Tesla and SpaceX CEO Elon Musk in court filings, accusing him of harassment in a legal fight that’s unfolding as the startup weighs a plan to shift to a for-profit business model. OpenAI accused Elon Musk of harassment in a legal fight that’s unfolding as the startup weighs a plan to shift to a for-profit …

OpenAI co-founder joins arch rival Anthropic to build AI ‘responsibly’
3 months, 1 week ago

OpenAI co-founder joins arch rival Anthropic to build AI ‘responsibly’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Durk Kingma, who helped setup OpenAI in 2015 alongside Elon Musk and current CEO Sam Altman, said …

SEC wants Elon Musk sanctioned after he skipped Twitter testimony to watch a rocket launch
3 months, 3 weeks ago

SEC wants Elon Musk sanctioned after he skipped Twitter testimony to watch a rocket launch

Salon  

The Securities and Exchange Commission is seeking sanctions against Elon Musk after he no-showed a planned testimony concerning his purchase of Twitter earlier this month. The SpaceX head was ordered to testify as part of an ongoing SEC investigation into his 2022 purchase of Twitter for $44 billion, probing whether Musk intentionally failed to make proper legal disclosures when buying …

Elon Musk, Tesla win dismissal of Dogecoin ‘pyramid scheme’ lawsuit, US judge says posts ‘aspirational, not factual’
4 months, 2 weeks ago

Elon Musk, Tesla win dismissal of Dogecoin ‘pyramid scheme’ lawsuit, US judge says posts ‘aspirational, not factual’

Live Mint  

Tech billionaire Elon Musk and his auto company, Tesla, won the dismissal of a lawsuit that accused them of misleading social media followers and creating a $258 billion "pyramid scheme" for the meme cryptocurrency Dogecoin, Bloomberg reported. He held that Musk’s statements on social media were “aspirational” rather than “factual and susceptible to being falsified” and “no reasonable investor could …

Judge with Tesla stock recuses from Elon Musk’s X lawsuit
5 months ago

Judge with Tesla stock recuses from Elon Musk’s X lawsuit

Raw Story  

A judge who owns stock in Tesla has recused himself from a lawsuit involving Elon Musk's social media site X, court documents show. As an NPR report recently revealed, U.S. Federal Court Judge Reed O’Connor has been overseeing a number of lawsuits involving Musk and ruling in his favor. The lawsuit in question revolves around Musk's efforts to sue liberal …

Indian-Origin Employee Gives Review Of OpenAI's Work Culture After A Month Of Joining; Here's What He Said
5 months ago

Indian-Origin Employee Gives Review Of OpenAI's Work Culture After A Month Of Joining; Here's What He Said

ABP News  

Pranav, an Indian-origin professional who recently joined OpenAI's product marketing team for the API Platform, expressed his enthusiasm for his new role on social media. In a post on X, Pranav lauded the team's unwavering commitment and the dynamic work environment at OpenAI, describing his experience as both an honour and an exhilaration. His post quickly drew attention, with many …

Elon Musk's X sues advertisers over alleged 'massive advertiser boycott' after Twitter takeover
5 months, 1 week ago

Elon Musk's X sues advertisers over alleged 'massive advertiser boycott' after Twitter takeover

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk's social media …

Elon Musk sues OpenAI & Sam Altman, again, after withdrawing his first lawsuit against AI company
5 months, 1 week ago

Elon Musk sues OpenAI & Sam Altman, again, after withdrawing his first lawsuit against AI company

Firstpost  

Musk’s original lawsuit, filed in March, was met with OpenAI releasing emails that showed Musk agreeing to the company’s plan to raise more money and move away from open-source releases of its products. Following this, Musk’s team withdrew the suit, without any explanation The core of Musk's complaint revolves around allegations that Altman and Brockman have strayed from OpenAI's founding …

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