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

TikTok Faces US Ban as Bill Set to...

April 24, 2024

£10.5m funding deal accelerates next stage of growth...

December 4, 2023

Chancellor scraps 45p top rate of income tax

September 23, 2022

BT scraps diversity targets from managers’ bonuses

February 6, 2025

Crypto ads will need to carry risk warnings...

June 8, 2023

Adapting to Change: How Furniture Marketing Use-Cases are...

December 16, 2024

What does the budget mean for the ever-evolving...

April 2, 2024

Amazon profits nearly triple as company reports $143.1bn...

October 27, 2023

UK firms less likely to borrow than at...

January 3, 2023

Uncover Egypt Mysteries: Educational Opportunities on the Nile

July 26, 2024

    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

    • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert

      June 7, 2025
    • Snub of Musk’s NASA nominee ally preceded sudden ‘big, beautiful bill’ criticism, Trump feud

      June 6, 2025
    • Supreme Court rules DOGE can access Social Security information

      June 6, 2025
    • US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA

      June 6, 2025
    • From Tariffs to Tech: Where Smart Money’s Moving Right Now

      June 6, 2025
    • Your Weekly Stock Market Snapshot: What It Means for Your Investments

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,019)
    • Politics (15,556)
    • Stocks (3,134)
    • 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