Musk offers to drop lawsuit if OpenAI agrees to rebrand as ClosedAI

In a recent development, Tesla and SpaceX CEO Elon Musk has made it clear that he will drop the lawsuit against OpenAI if the organization changes its name to ‘ClosedAI’. The tech billionaire had filed a lawsuit against the ChatGPT-maker and its CEO Sam Altman, alleging breaches in their original agreements related to AI.

OpenAI retaliated against Musk’s claims, stating that the company had considered a for-profit structure to further its mission, but Musk pushed for a merger with Tesla or demanded full control. Musk responded by insisting on the name change, claiming that OpenAI needs to “stop living a lie”.

According to OpenAI, Musk had sought majority equity, initial board control, and the CEO position, while withholding funding during discussions. The co-founders of OpenAI emphasized their refusal to agree to these terms, as they believed it went against the organization’s mission to have any individual exert absolute control.

After Musk parted ways with OpenAI, citing the need for a competitor to Google/DeepMind, he indicated his intention to take on the challenge himself. Despite this, he expressed support for OpenAI’s pursuit of an independent path. The ongoing dispute between Musk and OpenAI highlights the complexities of collaboration and control in the field of AI development.


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