Billionaire and known Dogecoin (DOGE) supporter Elon Musk has sued the co-founder of artificial intelligence (AI)-based altcoin Worldcoin (WLD) for breach of contract.
In new court filings, the business mogul accuses OpenAI CEO Samual Altman, President Greg Brockman and the company itself of violating its founding agreement.
In the lawsuit, Musk claims the defendants abandoned the project’s original purpose of advancing AI-related technologies and instead made it a subsidiary of tech giant Microsoft.
“To this day, OpenAI, Inc.’s website continues to proclaim that its charter is to ensure that artificial general intelligence (AGI) ‘benefits all humanity.’ But in reality, OpenAI, Inc. has turned into a closed-source, de facto subsidiary of Microsoft, the world’s largest technology company.
The new Board of Directors is actually improving AGI, not just developing it, to maximize Microsoft’s benefit, not the benefit of humanity. “The technologies, including GPT-4, are closed source primarily intended to serve Microsoft’s exclusive commercial interests.”
According to the lawsuit, Altman first contacted Musk in 2015 with a detailed proposal for an “AI Lab” whose mission was to create the first AGI for “personal empowerment.”
Musk agreed with the idea, funded OpenAI, and began recruiting.
“Mr. Musk donated more than $44 million to OpenAI, Inc. from 2016 to September 2020.”
But the Tesla CEO said OpenAI had violated the founding agreement it signed with him after it took control of Microsoft.
“After reaching the threshold of AGI, which under its founding agreement was committed to developing for the benefit of humanity rather than for the benefit of a commercial company or individual, the defendants violated the founding agreement and essentially deviated from its mission…
Contrary to the founding agreement, the defendants decided to use GPT-4 not for the benefit of humanity, but as a proprietary technology to literally maximize the profits of the world’s largest corporation.
Additionally, the entire development of OpenAI is now shrouded in secrecy, with the public only having rumors and isolated pieces of communication to understand what is coming next.”
Worldcoin is trading at $7.93 at the time of writing, up 5.4% over the past day.
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