OpenAI Challenges Musk's Lawsuit, Reveals 2017 Profit Talks

Quick Summary:

In a recent blog post, OpenAI revealed that Musk had initially supported restructuring the organization into a for-profit entity in 2017 but abandoned the idea when his proposal to hold majority control was rejected.

What Happened: OpenAI has responded to Elon Musk's legal efforts to prevent its transition to a fully for-profit structure, accusing the billionaire of undermining the company after failing to gain control during earlier negotiations.

"[Musk] walked away and told us we would fail," OpenAI stated, CNBC reports.

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Article Details

Author / Journalist: Michael Cohen

Category: Technology

Markets: United States

Topics: AI Generated Elon Musk MSFT Benzinga AI Stories That Matter Legal TSLA News Top Stories OpenAi Artificial intelligence Tech US5949181045 US88160R1014

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-13 @ 21:47:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 317 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24404089

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