Your current location is:{Current column} >>Text
Musk withdraws lawsuit against OpenAI, previously accused it of violating the founding agreement
{Current column}85People have watched
IntroductionBillionaire entrepreneur Elon Musk dropped his lawsuit against ChatGPT maker OpenAI and its CEO Sam ...
Billionaire entrepreneur Elon Musk dropped his lawsuit against ChatGPT maker OpenAI and Australian entertainment platformits CEO Sam Altman on Tuesday. The lawsuit claimed they deviated from the company's original mission of developing artificial intelligence for the benefit of humanity rather than for profit.
Musk's lawyers filed a request with the California court to dismiss the lawsuit, originally filed in February, without providing a reason for the withdrawal. The relevant documents were submitted to the San Francisco Superior Court.
A Superior Court judge had planned to hear OpenAI's request for dismissal at a hearing on Wednesday.
Neither OpenAI nor Musk's attorneys immediately responded to requests for comment.
Musk withdrew his case "without prejudice," meaning he can refile the lawsuit at any time in the future.
The lawsuit marked the culmination of Musk's longstanding opposition to OpenAI, a startup he co-founded that has become a leader in generative AI through billions of dollars in funding from Microsoft.
In July of last year, Musk founded his own AI startup, xAI, which raised $6 billion in its Series B funding round in May, reaching a post-money valuation of $24 billion.
The lawsuit claimed that Altman and OpenAI co-founder Greg Brockman had proposed to Musk the creation of an open-source, nonprofit company, but the startup founded in 2015 is now focused on profitability.
The lawsuit stated that OpenAI "set fire to the founding agreement" when it released its most powerful language model, GPT-4, last year.
In the lawsuit, Musk asked the court to order OpenAI to make its research and technology available to the public and to prevent the startup from using its assets, including GPT-4, for the financial benefit of Microsoft and other companies.


The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Tags:
Related articles
Oil dips on soft China inflation; U.S. banking tensions, debt drama persist By
{Current column}-- It’s another day in the red for oil as economic data in top importer China continues to disappoin ...
Read moreU.S. stocks close lower as Walmart's weak performance raises market concerns.
{Current column}In the early hours of the 21st, Beijing time, US stocks closed lower on Thursday as major indices re ...
Read moreU.S. stocks closed higher, with earnings reports and economic data affecting market fluctuations.
{Current column}U.S. stocks closed strongly higher on Tuesday, despite experiencing volatility during the trading se ...
Read more
Popular Articles
- Dollar largely flat; central bank meetings in focus By
- The U.S. stock market plummets as escalating trade wars spark recession concerns.
- Trump Delays Tariffs, U.S. Stock Futures Surge
- How to Correctly View Losses in Trading
- Tesla shares sink as Musk's sales push by price cuts hurts margins By Reuters
- The U.S. stock market suffered a sharp decline, with the Nasdaq entering a bear market.
Latest articles
-
Crude oil higher ahead of start of U.S. driving season; Saudi comments help By
-
Berkshire boosts Japanese holdings, lifting trading company stocks.
-
Asian markets, including Japan and Korea, opened higher Monday on upbeat investor sentiment.
-
Nvidia and AMD face huge costs due to new U.S. export restrictions, causing chip stocks to plummet.
-
S&P 500 slips, pressured by energy, retailers stumble on Home Depot dip By
-
Trump's tariff suspension boosts the stock market, S&P 500 surges 9.5%