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  • Writer's pictureBy The Financial District

Elon Musk Sues OpenAI And Sam Altman, Alleges Breach Of Contract

Elon Musk has sued OpenAI and its chief executive, Sam Altman, among others, accusing them of breaching contractual agreements made when he helped found the ChatGPT-maker in 2015, according to a lawsuit filed in San Francisco, as reported by Reuters.


ChatGPT, the chatbot from OpenAI, became the fastest-growing software application in the world within six months of its launch in November 2022. I Photo: Focal Foto Flickr



The lawsuit states that Altman, along with OpenAI's co-founder Greg Brockman, originally approached Musk to establish an open-source, non-profit company that would develop artificial intelligence (AI) technology for the "benefit of humanity."


The focus on seeking profits by the Microsoft-backed company violates that agreement, lawyers for Musk said in the lawsuit.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Musk co-founded OpenAI in 2015 but stepped down from the company's board in 2018. He also runs the electric vehicle maker Tesla and acquired Twitter for $44 billion in October 2022.


ChatGPT, the chatbot from OpenAI, became the fastest-growing software application in the world within six months of its launch in November 2022. It also sparked the launch of rival chatbots from Microsoft, Alphabet, and a bevy of startups that capitalized on the hype to secure billions in funding.




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