Connect with us

Hi, what are you looking for?

Fibonacci Tech News

Elon Musk sues OpenAI for abandoning its mission to benefit humanity

Illustration by Laura Normand / The Verge

Elon Musk is suing OpenAI and its CEO, Sam Altman, over claims that the pursuit of profit has led the company to abandon its founding mission to develop artificial intelligence technology that will benefit humanity. In a lawsuit filed with a San Francisco court on Thursday, Musk alleges that OpenAI’s partnership with Microsoft has transformed the organization “into a closed-source de facto subsidiary” of Microsoft that’s focused on maximizing profits.

According to the lawsuit, such actions constitute a breach of the founding agreement between Musk — who co-founded OpenAI in 2015 but no longer retains a stake in the company — Altman, and OpenAI president Greg Brockman, who committed to making the project a nonprofit and its technology…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...