OpenAI CEO Sam Altman to donate $1 million to Donald Trump's inaugural fund
Top News
1 week, 2 days ago

OpenAI CEO Sam Altman to donate $1 million to Donald Trump's inaugural fund

Hindustan Times  

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 the incoming administration. OpenAI CEO Sam Altman will be donating $1 million to president-elect Donald Trump's inaugural fund A spokesperson for OpenAI confirmed the move on Friday. Altman, who is in a legal dispute with rival Elon Musk, has said he is “not that worried” about the Tesla CEO's influence in the incoming administration. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging that the maker of ChatGPT betrayed its founding aims of benefiting the public good rather than pursuing profits.

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History of this topic

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

Trump hosts Apple CEO at Mar-a-Lago as big tech leaders continue outreach to president-elect
1 week, 2 days ago

Trump hosts Apple CEO at Mar-a-Lago as big tech leaders continue outreach to president-elect

Associated Press  

WEST PALM BEACH, Fla. — Donald Trump hosted Apple CEO Tim Cook for a Friday evening dinner at the president-elect’s Mar-a-Lago resort, according to a person familiar with the matter who was not authorized to comment publicly. Cook is the latest in a string of big tech leaders — including OpenAI’s Sam Altman, Meta’s Mark Zuckerberg and Amazon’s Jeff Bezos …

Elon Musk created for-profit structure for OpenAI; Sam Altman’s startup hits back at Tesla CEO
1 week, 2 days 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 week, 2 days 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 …

'Pay up and pray': Fury from all sides hits tech billionaires after $1M gifts to Trump
1 week, 2 days ago

'Pay up and pray': Fury from all sides hits tech billionaires after $1M gifts to Trump

Raw Story  

A number of tech billionaires — including many who have not previously backed Trump — are beginning to open their pocketbooks for President-elect Donald Trump, contributing large amounts of money to his inaugural fund. "REMINDER: Jeff Bezos blocked his Washington Post from endorsing VP Harris — now Bezos gives Trump one million dollars to his inaugural committee and Amazon will …

Amazon to donate $1 million to Trump's inauguration and strikes streaming deal as more Big Tech giants bend the knee
1 week, 2 days ago

Amazon to donate $1 million to Trump's inauguration and strikes streaming deal as more Big Tech giants bend the knee

Daily Mail  

Tech giants donate to Trump inauguration after being past targets of his ire Some of the biggest companies and business leaders in the world are looking to start their standing with President-elect Donald Trump on the right foot as he prepares to take office in January with a series of meetings and donations. Bezos is one of several billionaire tech …

OpenAI’s legal battle with Elon Musk reveals internal turmoil over avoiding AI ‘dictatorship’
1 week, 2 days 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 …

After Amazon, Meta, Sam Altman-led OpenAI to donate $1mn to Trump's inaugural fund
Trending News
1 week, 2 days ago

After Amazon, Meta, Sam Altman-led OpenAI to donate $1mn to Trump's inaugural fund

Firstpost  

The donations from Altman, Amazon and Meta show a broader push by tech companies to navigate a changing political landscape Sam Altman's OpenAI has ledged $1 million to Trump's inaugural fund. Image Credit: Reuters, Reuters OpenAI CEO Sam Altman plans to make a $1 million personal donation to President-elect Donald Trump’s inauguration fund, after other tech leaders pledged a similar …

Meta donates $1 million to Trump's inauguration fund
Top News
1 week, 3 days ago

Meta donates $1 million to Trump's inauguration fund

Deccan Chronicle  

Meta donates $1 million to Trump's inauguration fund Meta, the parent company of Facebook and Instagram, said it has donated $1 million to President-elect Donald Trump's inauguration fund. Stephen Miller, who has been appointed deputy chief of staff for Trump’s second term, has said that Zuckerberg, like other business leaders, wants to support Trump’s economic plans. Google donated $285,000 each …

Tech moguls Altman, Bezos and Zuckerberg donate to Trump's inauguration fund
Top News
1 week, 3 days ago

Tech moguls Altman, Bezos and Zuckerberg donate to Trump's inauguration fund

NPR  

Tech moguls Altman, Bezos and Zuckerberg donate to Trump's inauguration fund toggle caption Eugene Gologursky and JIJI Press/Getty Images Silicon Valley executives, some who have long had contentious relationships with President-elect Donald Trump, are pledging money and support to Trump's incoming administration. OpenAI CEO Sam Altman intends to make a $1 million personal donation to Trump's inauguration fund, the company …

Tech billionaires Zuckerberg, Bezos and Altman help bankroll Trump’s inauguration. What to know
1 week, 3 days ago

Tech billionaires Zuckerberg, Bezos and Altman help bankroll Trump’s inauguration. What to know

LA Times  

Tech executives, attempting to ease tensions with President-elect Donald Trump, are opening up their wallets after the former president staged a historic return to the White House. OpenAI confirmed on Friday that its chief executive, Sam Altman, is planning to personally donate $1 million to Trump’s inaugural fund, becoming the latest tech billionaire trying to improve their rocky relationship with …

Meta donates $1 million to Trump’s inauguration fund
Top News
1 week, 4 days ago

Meta donates $1 million to Trump’s inauguration fund

Associated Press  

NEW YORK — Meta, the parent company of Facebook and Instagram, said it has donated $1 million to President-elect Donald Trump’s inauguration fund. Stephen Miller, who has been appointed deputy chief of staff for Trump’s second term, has said that Zuckerberg, like other business leaders, wants to support Trump’s economic plans. Google donated $285,000 each to Trump first inaugural and …

Mark Zuckerberg’s Meta donates $1m to Trump’s inaugural fund in latest attempt to rebuild bridges
Trending News
1 week, 4 days ago

Mark Zuckerberg’s Meta donates $1m to Trump’s inaugural fund in latest attempt to rebuild bridges

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Meta CEO Mark Zuckerberg has reportedly donated $1m to Donald …

Mark Zuckerberg’s Meta donates $1 million to Trump’s inaugural fund
1 week, 4 days ago

Mark Zuckerberg’s Meta donates $1 million to Trump’s inaugural fund

Live Mint  

Meta Platforms has donated $1 million to president-elect Donald Trump’s inaugural fund, the latest step by CEO Mark Zuckerberg to bolster his once-fraught relationship with the incoming president. Zuckerberg and his advisers met with Sen. Marco Rubio, Trump’s nominee for secretary of state, as well as with three senior incoming White House advisers: Stephen Miller, Vince Haley and James Blair. …

Amazon plans to donate $1 million to President-elect Donald Trump’s inauguration
1 week, 4 days ago

Amazon plans to donate $1 million to President-elect Donald Trump’s inauguration

CNN  

CNN — Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration, a person familiar with the matter told CNN. Amazon founder Jeff Bezos is expected to visit with Trump in person in the coming days, as he and other tech founders seek closer relationships with the incoming president. Trump had also previously criticized Bezos over his ownership …

OpenAI CFO sees Donald Trump as AI president
1 week, 5 days ago

OpenAI CFO sees Donald Trump as AI president

Deccan Chronicle  

New York: President-elect Donald Trump could be the "president of this AI generation" as he will take office at a time when critical infrastructure to developing artificial general intelligence is built out, OpenAI Chief Financial Officer Sarah Friar said. Friar, in response to questions from Reuters Editor-in-Chief Alessandra Galloni during an interview at the Reuters NEXT conference in New York, …

OpenAI chief 'believes' Musk will not abuse government power
Trending News
2 weeks, 4 days 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 …

OpenAI chief 'believes' Elon Musk will not abuse government power
2 weeks, 4 days 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
2 weeks, 5 days 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
3 weeks 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
3 weeks 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 …

Sam Altman-led OpenAI targets 1 billion users by 2025 on the back of Apple partnership
3 weeks, 2 days ago

Sam Altman-led OpenAI targets 1 billion users by 2025 on the back of Apple partnership

Firstpost  

“If you get to that threshold, you’re competing with Google and Facebook,” a venture capital investor said OpenAI is aiming to reach 1 billion users by 2025 as it rolls out new artificial intelligence products, builds its own data centres, and strengthens its partnership with Apple. The San Francisco-based company, known for its ChatGPT chatbot with 250 million weekly active …

OpenAI allows employees to sell $1.5 billion-worth of shares in new tender offer to SoftBank: Report
3 weeks, 5 days ago

OpenAI allows employees to sell $1.5 billion-worth of shares in new tender offer to SoftBank: Report

Live Mint  

ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. SoftBank's billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup after investing in the last funding round, according to CNBC, which …

OpenAI allows its employees to sell $1.5 billion stock to Masayoshi Son's SoftBank: Report
3 weeks, 5 days ago

OpenAI allows its employees to sell $1.5 billion stock to Masayoshi Son's SoftBank: Report

Hindustan Times  

ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. OpenAI logo is seen in this illustration taken on February 3 SoftBank's billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup …

OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT
1 month, 2 weeks ago

OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT

Hindustan Times  

OpenAI has bought the domain chat.com. The AI giant's CEO Sam Altman announced this on Thursday, November 7, 2024, by simply posting the URL on X without any description or reasoning. “Well, in an 8 character tweet, Sam Altman, the CEO of OpenAI revealed that they were the buyer," he wrote. “When he does sell a domain, it's almost never …

OpenAI in talks with California to become for-profit company: Report
1 month, 2 weeks ago

OpenAI in talks with California to become for-profit company: Report

The Hindu  

Sam Altman-led OpenAI is in early talks with the California attorney general's office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, citing two people familiar with the matter. A shift to being a for-profit company would mark a drastic reversal in governance structure for the AI pioneer, which was founded …

OpenAI raises $6.6 billion in funds at $157-billion valuation
2 months, 3 weeks ago

OpenAI raises $6.6 billion in funds at $157-billion valuation

LA Times  

OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157-billion valuation and bolstering its efforts to build the world’s leading generative AI technology. Microsoft Corp., OpenAI’s largest backer, put in about $750 million, on top of the $13 billion it had already invested in the startup, according to a person familiar …

OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
2 months, 3 weeks ago

OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates …

OpenAI is reportedly changing its non-profit structure for IPO next year, eyes $150 bn valuation
3 months, 1 week ago

OpenAI is reportedly changing its non-profit structure for IPO next year, eyes $150 bn valuation

Firstpost  

OpenAI’s journey began in 2015 as a non-profit organisation, funded by donations that totalled around $130.5 million. OpenAI is expected to raise a new round of financing through convertible notes, with its valuation potentially reaching $150 billion In recent years, OpenAI’s revenue has experienced strong growth, with reports suggesting that it doubled its annualised revenue in the first half of …

Elon Musk sues OpenAI, renewing claims ChatGPT-maker put profits before ‘the benefit of humanity’
4 months, 2 weeks ago

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

The Hindu  

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.” Mr. Altman and others …

Elon Musk finally lauds Mark Zuckerberg in a rare exchange
4 months, 4 weeks ago

Elon Musk finally lauds Mark Zuckerberg in a rare exchange

Hindustan Times  

Elon Musk finally sits on the same page with Mark Zuckerberg, as he is ready to give some “credit” to the latter. Musk and Zuckerberg put aside their differences to agree on the importance of open-source AI Musk and Zuckerberg have often been at odds, with the Tesla boss frequently taking jabs at Zuckerberg and even challenging him to a …

OpenAI CEO Sam Altman's $27m mansion with ‘Batcave’ is a leaky ‘lemon,’ lawsuit says
5 months ago

OpenAI CEO Sam Altman's $27m mansion with ‘Batcave’ is a leaky ‘lemon,’ lawsuit says

Hindustan Times  

Sam Altman's $27 million luxury mansion in the Russian Hill neighbourhood of San Francisco is riddled with numerous defects, including a leaky infinity pool and spillage issues. After the San Francisco Chronicle reported the suit, the San Francisco Standard connected it to Altman, claiming the entrepreneur was manipulated into purchasing a “lemon” with “pervasive shoddy workmanship and corner-cutting.” Inside Sam …

OpenAI doubles annualised revenue to $3.4 billion, says report
6 months, 1 week ago

OpenAI doubles annualised revenue to $3.4 billion, says report

Live Mint  

OpenAI is on pace for $3.4 billion of annual revenue, Chief Executive Officer Sam Altman told the company’s staff, according to a person familiar with the matter. In an all-hands meeting Wednesday, Altman said the vast majority of that revenue — about $3.2 billion — comes from OpenAI’s products and services, according to the person, who spoke on condition of …

OpenAI CEO Sam Altman pledges to donate most of his wealth
6 months, 3 weeks ago

OpenAI CEO Sam Altman pledges to donate most of his wealth

Associated Press  

NEW YORK — The Giving Pledge announced Tuesday that OpenAI CEO Sam Altman has joined its list of wealthy philanthropists committed to donating over half their fortunes. Now Altman, who initially founded his company as a nonprofit research lab dedicated to safely building AI for humanity’s benefit, says he wants to focus his philanthropic giving on “technology that helps create …

OpenAI removes Sam Altman's ownership of its Startup Fund
8 months, 3 weeks ago

OpenAI removes Sam Altman's ownership of its Startup Fund

Hindustan Times  

OpenAI has changed the governance structure of its venture capital fund that backs AI startups, so its high profile chief executive Sam Altman no longer owns or controls the fund, according to a filing with the US Securities and Exchange Commission. The change, documented in the March 29 filing, came after Altman's ownership of the OpenAI Startup Fund raised eyebrows …

Elon Musk wanted to turn OpenAI into for-profit company, merge it with Tesla: Sam Altman
8 months, 4 weeks ago

Elon Musk wanted to turn OpenAI into for-profit company, merge it with Tesla: Sam Altman

India TV News  

Elon Musk recently filed a lawsuit against OpenAI and its CEO, Sam Altman, alleging that they violated their original contractual agreements related to AI. Now, OpenAI's CEO Sam Altman opened up about the lawsuit and said that Tesla and SpaceX CEO Elon Musk thought that the ChatGPT-maker company would fail, and "he chose to part ways". "At various times, he …

OpenAI's Sam Altman picks this lawyer to fight Elon Musk case
9 months, 1 week ago

OpenAI's Sam Altman picks this lawyer to fight Elon Musk case

Hindustan Times  

Elon Musk-Sam Altman lawsuit: OpenAI hired a law firm that Elon Musk earlier sued for $90 million to defend it against Tesla owner's recent case. Elon Musk had alleged that Microsoft-backed artificial intelligence company left its nonprofit mission to ensure that AI benefits humanity and is focussing on profit making, claims that OpenAI firmly denied. OpenAI said that Elon Musk …

OpenAI’s legal battles are not putting off customers—yet
9 months, 2 weeks ago

OpenAI’s legal battles are not putting off customers—yet

Hindustan Times  

On February 29th Elon Musk added yet another problem to their list by suing the maker of ChatGPT, a wildly popular artificial intelligence chatbot, for breach of contract. OpenAI’s problems started in November, when the board ousted Sam Altman, its boss, and Greg Brockman, a co-founder, alleging that Mr Altman had not been “consistently candid in his communications”. In December …

Vantage | Why is OpenAI battling out with Elon Musk?
9 months, 2 weeks ago

Vantage | Why is OpenAI battling out with Elon Musk?

Firstpost  

Musk could be hoping his lawsuit helps his new company. If OpenAI is forced to become open-source, he can use its technology to boost his own, for-profit company A fight has begun between the world’s second richest man, Elon Musk, and a company he helped found, OpenAI. Some may agree with Musk’s view that, since he was OpenAI’s biggest donor, …

Elon Musk tells Sam Altman’s OpenAI to change its name to ‘Closed AI’, promises to drop lawsuit
9 months, 2 weeks ago

Elon Musk tells Sam Altman’s OpenAI to change its name to ‘Closed AI’, promises to drop lawsuit

Hindustan Times  

Tesla CEO Elon Musk sued OpenAI and its chief executive Sam Altman on March 1, accusing the company forgot its original mission for profit. Elon Musk shared this image of Sam Altman in one of the tweets. Musk wrote, “Change your name.” He further replied, “To ClosedAI, and I will drop the lawsuit.” Musk didn’t stop here. Take a look …

OpenAI Disputes Elon Musk's Allegations, Claims The Billionaire Sought Role Of CEO
9 months, 2 weeks ago

OpenAI Disputes Elon Musk's Allegations, Claims The Billionaire Sought Role Of CEO

ABP News  

OpenAI, the Sam Altman-led organisation behind ChatGPT, has strongly refuted allegations made by Elon Musk, co-founder of the startup, claiming a deviation from its original mission. We’re sharing some facts about our relationship with Elon, and we intend to move to dismiss all of his claims.https://t.co/npC4P5pJE7 — OpenAI March 6, 2024 According to OpenAI's statement, Musk's lawsuit alleges a breach …

OpenAI responds to Elon Musk's lawsuit: ‘Elon wanted us to merge with Tesla or…’
9 months, 2 weeks ago

OpenAI responds to Elon Musk's lawsuit: ‘Elon wanted us to merge with Tesla or…’

Live Mint  

OpenAI has now officially responded to a recent lawsuit filed by Tesla and SpaceX CEO Elon Musk and claimed that Musk wanted the AI startup to merge with Tesla or seek full control of the company. Responding to Elon Musk's claims about moving to a for-profit structure, OpenAI said, “As we discussed a for-profit structure in order to further the …

OpenAI responds to Elon Musk lawsuit: ‘Wanted us to merge with Tesla or…'
9 months, 2 weeks ago

OpenAI responds to Elon Musk lawsuit: ‘Wanted us to merge with Tesla or…'

Hindustan Times  

OpenAI responded to a lawsuit filed against the company by Elon Musk in a blog post. In the blog post, OpenAI said that Elon Musk signed off on the company’s decision to become a for-profit entity as he needed to raise “billions” of dollars to be relevant in comparison to Google. This comes as Elon Musk filed a lawsuit against …

Sam Altman crosses $2 billion net worth and it’s not because of OpenAI’s success
9 months, 2 weeks ago

Sam Altman crosses $2 billion net worth and it’s not because of OpenAI’s success

Live Mint  

OpenAI founder and CEO Sam Altman, a famous personality in the field of artificial intelligence, has recently witnessed his net worth reach the $2 billion mark, according to the Bloomberg Billionaire Index. According to Bloomberg's estimate, his wealth primarily derives from investments in various venture capital funds and startups. The source of a significant portion of the 38-year-old founder's net …

Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity
9 months, 3 weeks ago

Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

Associated Press  

Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker’s founding aims of benefiting humanity rather than pursuing profits. In a lawsuit filed at San Francisco Superior Court, billionaire Musk said that when he bankrolled OpenAI’s creation, he secured an agreement with Altman and Greg Brockman, the president, to …

Elon Musk sues OpenAI and CEO Sam Altman. What triggered this move?
9 months, 3 weeks ago

Elon Musk sues OpenAI and CEO Sam Altman. What triggered this move?

Hindustan Times  

Tesla chief executive Elon Musk on Friday sued ChatGPT maker OpenAI and its chief executive Sam Altman, accusing the duo of ‘abandoning’ the company's original mission to develop Artificial Intelligence for the benefit of humanity, not profit. Elon Musk has sued OpenAI and its CEO Sam Altman, According to a Reuters report, the lawsuit filed by Musk claimed that Altman …

Elon Musk sues OpenAI and CEO Sam Altman for putting profits above humanity
9 months, 3 weeks ago

Elon Musk sues OpenAI and CEO Sam Altman for putting profits above humanity

Al Jazeera  

Elon Musk is suing OpenAI and its chief executive Sam Altman, alleging the start-up betrayed its original promise of working to benefit humanity when it forged a multibillion-dollar alliance with Microsoft. The lawsuit filed in San Francisco on Thursday said Altman and OpenAI’s co-founder Greg Brockman had initially pledged to make an open-source, non-profit company, and that its pursuit of …

Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of goal to benefit humanity
9 months, 3 weeks ago

Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of goal to benefit humanity

LA Times  

Elon Musk is suing OpenAI and its chief executive, Sam Altman, over what he says is a betrayal of the ChatGPT maker’s founding aims of benefiting humanity rather than pursuing profits. In a lawsuit filed at San Francisco Superior Court, billionaire Musk said that when he bankrolled OpenAI’s creation, he secured an agreement with Altman and Greg Brockman, the president, …

Microsoft-backed OpenAI secures $80 billion valuation
10 months ago

Microsoft-backed OpenAI secures $80 billion valuation

Hindustan Times  

OpenAI, an artificial intelligence company backed by Microsoft, has secured a deal that values it at more than $80bn, according to the New York Times. The deal involves a tender offer led by Thrive Capital, a venture firm, in which existing shareholders of OpenAI can sell their shares. In early 2023, the company agreed to a similar tender offer from …

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