Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Elon Musk Drops Lawsuit Against OpenAI

by June 12, 2024
June 12, 2024
Elon Musk Drops Lawsuit Against OpenAI

Elon Musk has unexpectedly requested the dismissal of his lawsuit against OpenAI and its CEO Sam Altman, which alleged that the AI company had abandoned its original mission to develop artificial intelligence for the benefit of humanity.

The filing, submitted by Musk’s legal team, did not provide any reasons for the withdrawal.

The move came just a day before a scheduled court hearing where OpenAI was set to argue for the case’s dismissal. The filing asked for the case to be dismissed “without prejudice,” meaning Musk retains the option to reactivate the lawsuit in the future.

Musk initially filed the lawsuit at the end of February, claiming that OpenAI, which he co-founded in 2015, had shifted its focus from altruistic goals to profit-making. OpenAI responded by stating that Musk had previously supported the idea of a for-profit structure and had even suggested a merger with Tesla, his electric car company.

The dispute escalated earlier this week when Apple announced a partnership with OpenAI to enhance its Siri voice assistant and operating systems using OpenAI’s ChatGPT technology. Following the announcement, Musk took to his social media platform X, formerly known as Twitter, to criticise the collaboration. In one post, he wrote, “Apple has no clue what’s actually going on once they hand your data over to OpenAI. They’re selling you down the river.”

Despite Musk’s criticisms, investors reacted positively to the news, boosting Apple’s market value to a record high above $3 trillion.

In July 2023, Musk founded his own AI company, xAI, with the aim of “understanding reality.” By November, xAI had launched Grok, a chatbot designed to compete with ChatGPT, notable for incorporating a touch of humour.

The dismissal of the lawsuit leaves questions unanswered about Musk’s future intentions regarding OpenAI and his broader AI ambitions.

Read more:
Elon Musk Drops Lawsuit Against OpenAI

0
FacebookTwitterGoogle +Pinterest
previous post
Who has the ‘Keys to the White House’? Historian with ace record calling elections weighs in on Trump verdict
next post
UK Wage Growth Remains Robust, Dampening Hopes for Interest Rate Cut

You may also like

Stability in SMEs: Why is cultural change key...

October 2, 2023

Frasers CEO calls for urgent reform of ‘outdated’...

September 18, 2023

Has Lawrence Stroll Just Bought the Formula One...

September 10, 2024

Get ready for 22% inflation, Goldman Sachs warns

August 31, 2022

UK borrowing hits record £22bn in November as...

December 22, 2022

UK bans £2.2bn in hidden fees and fake...

April 7, 2025

Conservative Leadership Odds: Who Could Be the Next...

October 7, 2024

Cyber attacks on UK firms fall during the...

October 11, 2022

UK warned of £600bn debt interest bill as...

March 27, 2025

What Should You Know Before Booking Your EICR...

August 18, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • US Withdrawal from the World Trade Organization Would Be an Epic Mistake

      May 15, 2025
    • Rubio doubts ‘anything productive’ will happen in Ukraine peace talks without Trump, Putin

      May 15, 2025
    • Far-left congresswoman revives ousted ‘Squad’ Dem’s reparations push for Black Americans: ‘We are awake’

      May 15, 2025
    • House Tax Bill Doesn’t Kill Green New Deal Subsidies Fast Enough

      May 15, 2025
    • UAE’s president bestows highest civilian honor on Trump

      May 15, 2025
    • US military would be unleashed on enemy drones on the homeland if bipartisan bill passes

      May 15, 2025

    Categories

    • Business (7,968)
    • Investing (1,964)
    • Politics (15,237)
    • Stocks (3,084)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved