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OpenAI’s ‘Elon’gated Saga Has a New Twist
- OpenAI has released documents and email exchanges between co-founders Sam Altman, Ilya Sutskever, Greg Brockman, and Elon Musk regarding the operational structure of the company.
- The documents reveal Musk's view that OpenAI should adopt a for-profit model, which subsequently led to his lawsuit against the company.
- OpenAI has been facing attacks from Tech giant Alphabet and Elons's company xAI as well.
- In 2024, OpenAI proposed restructuring into a public benefit corporation to secure more substantial funding for its AI research and development.
- OpenAI raised $6.6 billion in funds, led by Thrive Captial, NVIDIA, Microsoft and Softbank Group.
- A preliminary court hearing between Musk and OpenAI is scheduled for January 14, 2025.
- Another report suggests that Meta is insisting the California attorney general block OpenAI's conversion to a for-profit company—jumping on board Elon Musk's team.
- OpenAI announced in 2019 that it had adopted a capped-profit model to attract investment.
- Musk withdrew his case in June 2024 but renewed it again in August and expanded the lawsuit by including Microsoft in November.
- OpenAI said that their goal is to make the future good and avoid an AGI dictatorship, and they did not feel that Musk aligned with this mission.
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