OpenAI creator of artificial intelligence (AI) chatbot ChatGPT has disclosed a sequence of emails between Elon Musk and its board members amid its lawsuits on the former’s “for-profit” stance.
OpenAI’s executives, including Sam Altman, Ilya Sutskever, Greg Brockman, John Schulman, and Wojciech Zaremba, authored a blog post on March 5 in which they provided information regarding the organization’s objectives and relationship with Musk.
This occurred after Musk filed suit against OpenAI on February 29, alleging a transgression in the original agreement to make “freely available to the public” AI advancements developed in collaboration with Microsoft and OpenAI for the duration of their multibillion-dollar partnership.
Elon Musk files a lawsuit against OpenAI, demanding that the company return to its open-source roots and seeking an injunction to prohibit the commercial exploitation of artificial general intelligence (AGI) technology.
The OpenAI leaders, on the other hand, stated in a blog post that they “intend to move to dismiss all of Elon’s claims” and that Musk was at the forefront of early investor fundraising efforts.
“Greg and Sam had initially intended to raise $100 million when they founded OpenAI in late 2015,” they wrote. “However, Elon stated in an email, ‘We need to raise a much larger amount than $100 million to avoid sounding hopeless…” “I believe we should state that our initial funding commitment is $1 billion.”
In the beginning, the organization’s nonprofit status impeded its ability to solicit funds from investors. Thus, Musk and the architects of OpenAI agreed to establish a “for-profit” organization in which Musk would hold “majority equity, initial board control, and the position of CEO.”
As per the blog post, Musk refrained from providing the company with any additional financing during the ongoing negotiations:
“We couldn’t agree to terms on a for-profit with Elon because we felt it was against the mission for any individual to have absolute control over OpenAI. He then suggested instead merging OpenAI into Tesla.”
OpenAI stated that it is “advancing its mission” by developing publicly accessible “beneficial tools.” Musk reportedly realized that the mission did not “implement open-sourcing AGI,” according to the report.
It published an email exchange between Musk and Sutskever in which Musk wrote, “As the development of artificial intelligence approaches, it will be logical to become less transparent. “OwnAI signifies that while all should reap the benefits of completed AI systems, withholding scientific knowledge is entirely acceptable,” Elon replied. “Fully agreed.”
Due to Musk’s lawsuit against OpenAI, industry experts are concerned about the possible demise of the company. Some have gone so far as to say that the company is in a “precarious position” and that it may follow in the footsteps of WeWork. This almost $50 billion unicorn startup ultimately filed for bankruptcy.