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go through Hong Kong Economic Times August 7, 2024
originalPublished in Hong Kong Economic Times Financial NewsEJ Tech Innovation Lab“
US billionaire Elon Musk has filed another lawsuit against ChatGPT developer OpenAI and CEO Sam Altman, accusing the company of placing too much emphasis on profit-making and putting commercial interests above the public interest, and asking the court to award OpenAI the highest amount of compensation for suspected fraud, breach of contract, false advertising, and unfair competition. He also asked the court to determine whether OpenAI has achieved general artificial intelligence (AGI); if so, Microsoft can no longer use OpenAI technology and the agreement between the two parties should be declared invalid.
According to the latest court filing, Musk accused Altman of repeatedly assuring him that artificial intelligence (AI) technology would be provided to the public in an open source manner, and of using false altruism to trick him into investing US$44 million (approximately HK$343 million) in seed funds, describing the “betrayal” as “comparable to a Shakespearean plot.”

OpenAI was founded in 2015, and Musk was one of the founding members, but due to different philosophies, he resigned from the board of directors of OpenAI three years later. At the end of 2022, OpenAI launched ChatGPT, which was recently valued at $100 billion.

ReutersNews reportMusk founded the AI startup xAI in 2023, which was valued at $24 billion in May this year. He advocated the promotion of AI technology in an open source manner and developed the model Grok to compete with OpenAI.5 Secretaries of StateOn Monday (5th), Musk was sentopen letterurging him to fix the chatbot Grok on social platform X because the platform shared false information about the 2024 presidential election and urged to redirect questions about election administration to the websiteCanIVote website.
GPT developer’s top executives leave in wave
In addition, the American technology media The InformationNews reportOpenAI has recently seen a number of changes in senior management, and the number of founding team members is decreasing. For example, its co-founder John SchulmanAnnounced yesterdayJumped to competitor Anthropic. OpenAI President Brockman (Greg Brockman) alsoSocial Media X Mentionshe will take a leave until the end of this year to temporarily leave his position to “recharge”. Peter Deng, the product manager who joined last year, has also reportedly left.

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