OpenAI Claims It Has No Founding Agreement With Elon Musk

By Consultants Review Team Tuesday, 12 March 2024

Elon Musk, the CEO of Tesla and SpaceX, claimed that ChatGPT's creator had broken a founding contract with the billionaire. However, Sam Altman-run OpenAI has emphasized that they are not under any form of founding agreement with Musk.

"Musk supported a for-profit structure for OpenAI, to be controlled by Musk himself, and dropped the project when his wishes were not followed," the business claimed in a court filing based on the data.

Musk now wants to enjoy the success of OpenAI's amazing scientific advancements for himself, the complaint stated. The business said that, as the case itself makes apparent, there is no "Founding Agreement" or any arrangement with Musk at all.

Instead, the Founding Agreement is a fabrication that Musk created in order to unjustly claim the rewards of a business that he first helped launch, then dropped, and finally saw flourish without him—read the case.

In response to Musk's lawsuit, OpenAI last week stated, "Musk wanted us to merge with Tesla or he wanted full control," as the business considered a for-profit structure to accomplish the objective.

The creator of ChatGPT said in a blog post that Musk want CEO status, majority ownership, and first-hand board power. He withheld financing in the midst of these talks.

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