

Metaverse
Why did Elon Musk sue ChatGPT maker? Top OpenAI executive says Musk ‘regrets not being involved with…’ – Crypto News
OpenAI’s Cheif Strategy Officer Jason Kwon has hit back at Elon Musk’s claims that the startup has moved away from its initial aim of a public, open-source AI and has turned into a de facto subsidiary of Microsoft. Kwon while categorically rejecting Musk’s claims on OpenAI, said that the billionaire “regrets about not being involved with the company today,”, according to a internal memo quoted by Bloomberg.
Elon Musk has accused OpenAI of breach of contract, breach of fiduciary duty, and unfair business practices and claimed that the AI company has violated its foundational agreement and should revert back to being an open-source platform.
In a lawsuit filed on Thursday at the San Francisco Superior Court, Musk said, “OpenAI has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft.1 Under its new Board, it is not just developing but is actually refining an AGI to maximize profits for Microsoft, rather than for the benefit of humanity.” the lawsuit by Musk had alleged.
According to a report by Axios, OpenAI CEO Sam Altman also echoed Kwon’s message and noted that “It was never going to be a cakewalk,” and “The attacks will keep coming.”
Kwon takes on Elon Musk:
In a pointed attack on the claims raised by Elon Musk, Kwon wrote (as quoted by Axios), “We decide what to research and build, how to run the company, who our products serve and how to live out our mission…We also directly compete with Microsoft to deliver the best value and products to businesses, developers and everyday people. As we know, OpenAI is the creator of ChatGPT and ChatGPT for Enterprise, while Microsoft offers Copilot and Copilot for Microsoft 365.”
Speaking about the capabilities of GPT-4, OpenAI’s most powereful language model to date, Kwon said, “It is capable of solving small tasks in many jobs, but the ratio of work done by a human to the work done by GPT-4 in the economy remains staggeringly high… Importantly, an AGI will be a highly autonomous system capable enough to devise novel solutions to longstanding challenges — GPT-4 can’t do that.”
Milestone Alert!
Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download The Mint News App to get Daily Market Updates.
Published: 03 Mar 2024, 09:54 AM IST
-
Blockchain6 days ago
The CFO and Treasurer’s Guide to Digital Assets – Crypto News
-
Cryptocurrency1 week ago
Famous Crypto Analyst Advises to Sell NVIDIA Stock: Here’s Why – Crypto News
-
Business1 week ago
Binance Enables Apple & Google Pay Features With This Latest Partnership – Crypto News
-
Cryptocurrency1 week ago
Tariffs Are Just the Tip of the Iceberg, Warns Billionaire Investor Ray Dalio – Crypto News
-
Cryptocurrency1 week ago
BitMEX Study Reveals Exchange-Specific Price Trends for Perpetual Swaps Across Leading Exchanges – Crypto News
-
Technology1 week ago
Apple could give iPhone a radical makeover for its 20th anniversary, report says – Crypto News
-
Business1 week ago
Will Dogecoin Price Ever Reach $1? Top Analysts Weigh In – Crypto News
-
Cryptocurrency1 week ago
Dire Wolf Solana Meme Coin Soars to $13.6M Market Cap After ‘De-Extinction’ – Crypto News
-
Technology1 week ago
Apple exported iPhones worth ₹1.5 trillion from India in FY25: Union Minister Ashwini Vaishnaw – Crypto News
-
others1 week ago
John Deaton Highlights Ripple’s Journey from Legal Struggle To ETF Launches – Crypto News
-
Technology1 week ago
Can It Take The Baton And Initiate The Next Altcoin Rally As The Market Strengthens? – Crypto News
-
Cryptocurrency1 week ago
The Downside Prevails As Cardano Price Rejected at $0.60 – Crypto News
-
Cryptocurrency1 week ago
Dogecoin hits multi-month low, but is a market reset on the way? – Crypto News
-
Technology1 week ago
Musks DOGE using AI to snoop on U.S. federal workers, sources say – Crypto News
-
Cryptocurrency1 week ago
ETH Hits 2-Year Low as BTC, XRP Hold Support – Crypto News
-
Cryptocurrency1 week ago
Peter Schiff Cautions US Against Trade War Escalation With China – Crypto News
-
Blockchain6 days ago
How to mine Bitcoin at home in 2025: A realistic guide – Crypto News
-
Technology1 week ago
iPad Air M3 (2025) Review: Still the most practical iPad – Crypto News
-
Business1 week ago
Cathie Wood’s Ark Invest Loads $13 Million of Coinbase Stock, COIN Price Reversal Soon? – Crypto News
-
others1 week ago
Australia Shuts Over 90 Companies Linked To Pig Butchering Schemes – Crypto News
-
Business1 week ago
“Perfect Time to Buy” – Patterns Point to a Pepe Coin Price Resurgence – Crypto News
-
Cryptocurrency1 week ago
Bitcoin is highly correlated with stock market since August 2024 – Crypto News
-
Business1 week ago
Sui Price Recovers As CBOE Files To List SUI ETF – Crypto News
-
Technology6 days ago
Microsoft’s Greatest Hits and Epic Fails: A 50-Year Wild Ride – Crypto News
-
Blockchain1 week ago
Cardano (ADA) Eyes Resistance Break—Failure Could Spark Fresh Losses – Crypto News
-
Technology1 week ago
PumpFun Livestream Feature Is Back — But What’s Changed? – Crypto News
-
Business1 week ago
Is Ripple Hinting at Cardano Partnership? – Crypto News
-
Blockchain1 week ago
Cathie Wood’s ARK bags $26M in Coinbase shares, unloads Bitcoin ETF – Crypto News
-
Technology1 week ago
China Retaliates, Triggering a Dead Cat Bounce in Crypto – Crypto News
-
Business1 week ago
Solana Unveils Confidential Balances Token Extension – Crypto News
-
others1 week ago
Top 3 Reasons XRP Price May Surge as Analyst Delivers a $693 Billion Prediction – Crypto News
-
Cryptocurrency1 week ago
BTC Risks Further Downside if it Fails to Reclaim This Resistance – Crypto News
-
Cryptocurrency1 week ago
OpenAI Countersues Elon Musk, Accuses Billionaire of ‘Bad-Faith Tactics’ – Crypto News
-
Blockchain6 days ago
BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, AVAX – Crypto News
-
Technology6 days ago
Dogecoin Price Gearing for A 3X Rally Amid DOGE Whale Accumulation – Crypto News
-
others5 days ago
Binance Issues Important Update On 10 Crypto, Here’s All – Crypto News
-
others1 week ago
WTI price mostly unchanged at European opening – Crypto News
-
others1 week ago
Technical Indicator Suggesting Bitcoin (BTC) Bull Market Hasn’t Started Yet: Quant Analyst PlanB – Crypto News
-
others1 week ago
Gold price under pressure despite high risk aversion – Commerzbank – Crypto News
-
Technology1 week ago
Shiba Inu Price Risks 50% Crash As Bearish Breakout Looms – Crypto News
-
Blockchain1 week ago
Web3 active developers drop nearly 40% in one year – Crypto News
-
others1 week ago
Economist Alex Krüger Warns US Stocks Could Repeat 2008 Bear Market Amid Trump’s Trade War – Crypto News
-
Technology1 week ago
XRP Leveraged ETF Outshines Solana At Launch – Crypto News
-
Cryptocurrency1 week ago
Stablecoin infrastructure platform M^0 expands to Solana – Crypto News
-
Blockchain1 week ago
Investors Looking To Buy Bitcoin? – Crypto News
-
Cryptocurrency1 week ago
Galaxy’s imminent US listing reflects SEC change – Crypto News
-
others1 week ago
Crypto Products See $240,000,000 in Outflows Likely in Response to US Tariff Threats: CoinShares – Crypto News
-
Blockchain7 days ago
NY attorney general urges Congress to keep pensions crypto-free — ‘No intrinsic value’ – Crypto News
-
Technology7 days ago
iQOO Z10 5G, Z10x 5G launched in India, price starts at ₹13,499. Check full price, specs and more – Crypto News
-
Metaverse7 days ago
Google launches Gemini 2.5 Flash—Ideal for chatbots, assistants and instant summarisation – Crypto News