Sam Altman says Elon Musk wanted 90 percent of OpenAI in high-stakes trial
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Sam Altman says Elon Musk wanted 90 percent of OpenAI in high-stakes trial
"It does not fit with my conception of the words stealing a charity' to look at what has actually happened here, Altman told the court. The two men have long had an acrimonious relationship, driven in part by differing views about artificial intelligence. Musk, a self-described free speech absolutist, currently runs his own AI chatbot, Grok, which has been accused of perpetuating right-wing conspiracy theories and offensive materials."
"Musk has sued Altman and OpenAI president Greg Brockman on the basis that they stole a charity by shifting its purpose. He alleged that OpenAI's leader persuaded him to invest $38bn, based on a goal of improving humanity, only to see the company pivot to a for-profit venture in 2019. On the witness stand on Tuesday, Altman instead framed Musk as a competitor obsessed with exercising control over OpenAI."
"Altman's testimony comes more than two weeks into the trial, which has seen him and Musk square off against each other. In his testimony, Altman argued that Musk knew of the plans to develop OpenAI into a for-profit enterprise when he invested, and he asserted that Musk even petitioned to have a majority stake in the company. An early number that Mr Musk threw out was that he should have 90 percent of the equity to start, Altman told the jury. It then softened, but it always was a majority."
A U.S. court trial in Oakland, California, began with Sam Altman testifying against Elon Musk and OpenAI president Greg Brockman. Musk sued, alleging they stole a charity by persuading him to invest $38 billion based on improving humanity, then pivoting to a for-profit venture in 2019. Altman rejected the “stealing a charity” framing and described Musk as a competitor focused on controlling OpenAI. Altman said Musk knew about plans to make OpenAI for-profit when he invested and even petitioned for a majority stake. Altman cited an early equity figure Musk proposed, stating it should be 90% and later softened but remained a majority. The trial’s outcome could influence OpenAI’s future and leadership as the company prepares for a possible initial public offering.
Read at www.aljazeera.com
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