According to a report in the Financial Times, lawyers for Musk have contacted attorneys-general in Delaware and California to demand that a large stake in OpenAI be sold off in an open auction process.
The two US antitrust agencies sided with part of Elon Musk’s argument to block artificial intelligence startup OpenAI from restructuring as a for-profit company.
OpenAI launched a for-profit subsidiary a year later in order to raise outside capital, including more than $13 billion so far from its biggest backer, Microsoft. However, the non-profit entity, along with employees and investors, currently owns that for-profit subsidiary.
The feds have sided with Elon Musk on a key pillar of his high-profile antitrust lawsuit against Sam Altman-led OpenAI, Microsoft and billionaire Reid Hoffman, The Post has learned.
Two of the most powerful forces in the AI industry are set to collide this year: Elon Musk and OpenAI's Sam Altman. Here's what you need to know.
His attorney argued they should provide a process for competitive bidding to determine fair market value of OpenAI's charitable assets to 'protect the public's beneficial interest,' as it is working on removing the control of its non-profit,
Musk dropped the lawsuit but filed another one against Altman and OpenAI, this time elevating his accusations to claim OpenAI worked with Microsoft, an investor, to create a monopoly. The billionaire also alleged the company violated its founding claim as a nonprofit by pursuing profit. OpenAI has denied the allegations.
Indeed, Musk suggested that synthetic data — data generated by AI models themselves — is the path forward. “The only way to supplement [real-world data] is with synthetic data, where the AI creates [training data],” he said. “With synthetic data … [AI] will sort of grade itself and go through this process of self-learning.”
In a speech to the Oxford Farming Conference on Thursday, Steve Reed, UK government minister, announced that secondary legislation required to give force to 2023’s Genetic Technology (Precision Breeding) Act would be introduced to parliament by the end of March.
Donald Trump’s inauguration day 2025 is set for January 20, marking his second term. Prominent figures from business and tech, including Mark Zuckerberg and Sam Altman, are expected to attend.
Is It Better Than ChatGPT? Artificial intelligence is evolving rapidly, and one of the most significant tools within this field is cha