
New Delhi: The world’s richest man, Elon Musk, has stated in a US court that supporting the foundation of ChatGPT maker Open AI now seems crazy to him. The legal battle over the high stakes at OpenAI continues, and Musk testified on Wednesday.
Musk alleges that he was assured that the foundation would remain a non-profit organization. However, it later reneged on its mission. He also stated that it has become a profit-making tech company.
The Tesla CEO’s dispute with OpenAI’s co-founder continued for three years, after which he announced his departure from the startup. He stated that by then, ChatGPT had been publicly launched and had made OpenAI a huge commercial success.
What does Musk want to achieve through the court case?
Using the court case, Elon Musk is demanding a large sum as a fine. Through the case, they are seeking damages of over US$150 billion from OpenAI and Microsoft.
What did OpenAI’s lawyer say?
During the court case, OpenAI’s chief lawyer, William Savitt, stated that Musk filed this case because the company did not listen to him. The lawyer further stated that OpenAI remains committed to its core principles.
How will the case affect OpenAI?
Who will benefit and who will suffer from the ongoing case between Elon Musk and OpenAI in the California court? In fact, if Musk wins this case, the ChatGPT maker’s rivals will benefit. If Musk loses, OpenAI will continue to grow with a $730 billion valuation.
Elon Musk stated in court that Sam Altman and Greg Brockman initially assured him that OpenAI would remain a non-profit company. He then went on to say that they were fools to give him free funding to build a startup. He further said that he provided almost free funding of around $38 million, after which the company has now become worth around $800 billion.
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