Elon Musk Sues OpenAI and Worldcoin Co-Founder Over Alleged Contract Violations
Billionaire Elon Musk, a well-known supporter of Dogecoin (DOGE), is taking legal action against the co-founder of Worldcoin (WLD), an altcoin based on artificial intelligence (AI). Musk alleges that there have been violations of their contract.
In a recent court filing, Musk filed a lawsuit against Samual Altman, the CEO of OpenAI, Greg Brockman, the president of OpenAI, and the company itself. Musk claims that these individuals and the company have deviated from the original purpose of the project, which was to advance AI-related technology. Instead, OpenAI has become a subsidiary of Microsoft.
Musk states that while OpenAI’s website still claims to work for the benefit of humanity, it has actually become a closed-source subsidiary of Microsoft. He alleges that OpenAI is now focused on developing AGI (artificial general intelligence) to maximize profits for Microsoft rather than for the benefit of humanity.
The Background
- In 2015, Altman approached Musk with a proposal for an “AI Lab” with the goal of creating AGI for individual empowerment.
- Musk agreed to fund and recruit for OpenAI.
- Musk contributed over $44 million to OpenAI between 2016 and September 2020.
The Allegations
Musk claims that since coming under Microsoft’s control, OpenAI has violated the founding agreement they signed with him. According to Musk:
- OpenAI has departed from its mission to develop AGI for the benefit of humanity.
- GPT-4, OpenAI’s technology, is being used as proprietary technology to maximize profits for Microsoft.
- OpenAI’s development is now shrouded in secrecy, leaving the public with only rumors and fragments of information.
The Lawsuit’s Impact on Worldcoin (WLD)
At the time of writing, Worldcoin is trading at $7.93, with a 5.4% gain in the last day. However, it remains to be seen how Musk’s lawsuit against OpenAI and its co-founders will impact Worldcoin’s future.
Hot Take: Elon Musk Takes Legal Action Against OpenAI and Worldcoin Co-Founder
Billionaire Elon Musk has filed a lawsuit against OpenAI and the co-founder of Worldcoin over alleged contract violations. Musk claims that OpenAI has deviated from its mission to develop AGI for the benefit of humanity and has instead become a subsidiary of Microsoft focused on maximizing profits. The lawsuit could have implications for Worldcoin’s future. Stay tuned for updates on this legal battle.
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