🚨 OpenAI fires back against Musk, claims he wanted an OpenAI for-profit
OpenAI has countered Elon Musk's ongoing lawsuit by disclosing emails and texts that it argues show Musk's claims are misleading. The lawsuit revolves around allegations that OpenAI has deviated from its original nonprofit mission, with tensions rising after Musk's team sought an injunction to halt OpenAI's shift to a for-profit model.
OpenAI contends that Musk's grievances stem from unresolved past disputes. The communications indicate that Musk proposed a hybrid nonprofit and for-profit structure for OpenAI as early as 2015 and later suggested merging with a hardware startup. After OpenAI rejected his demands for majority ownership and control, Musk resigned in 2018 and distanced himself from the organization.
According to OpenAI, it has offered Musk equity in its for-profit division on several occasions, but he declined each time. The company criticized Musk's legal strategy, suggesting he should prioritize competition instead of litigation.
Musk established xAI last year and has since secured substantial funding, including a recent $6 billion round. His lawsuit alleges that OpenAI is hindering competition by coercing investors not to support rivals like xAI and claims there is illegal sharing of proprietary information between OpenAI and Microsoft. OpenAI is under pressure to expedite its transition to a for-profit entity, as investors may reclaim their investments if the conversion does not occur within two years.
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OpenAI has countered Elon Musk's ongoing lawsuit by disclosing emails and texts that it argues show Musk's claims are misleading. The lawsuit revolves around allegations that OpenAI has deviated from its original nonprofit mission, with tensions rising after Musk's team sought an injunction to halt OpenAI's shift to a for-profit model.
OpenAI contends that Musk's grievances stem from unresolved past disputes. The communications indicate that Musk proposed a hybrid nonprofit and for-profit structure for OpenAI as early as 2015 and later suggested merging with a hardware startup. After OpenAI rejected his demands for majority ownership and control, Musk resigned in 2018 and distanced himself from the organization.
According to OpenAI, it has offered Musk equity in its for-profit division on several occasions, but he declined each time. The company criticized Musk's legal strategy, suggesting he should prioritize competition instead of litigation.
Musk established xAI last year and has since secured substantial funding, including a recent $6 billion round. His lawsuit alleges that OpenAI is hindering competition by coercing investors not to support rivals like xAI and claims there is illegal sharing of proprietary information between OpenAI and Microsoft. OpenAI is under pressure to expedite its transition to a for-profit entity, as investors may reclaim their investments if the conversion does not occur within two years.
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