"Musk has accused OpenAI CEO Sam Altman of deceiving him into investing millions in the company by claiming it was a nonprofit startup whose technology would benefit the whole world."
"Musk argues that Altman deceived him into believing OpenAI's mission was altruistic and has called for OpenAI to be compelled to return to its nonprofit character."
"OpenAI currently has a hybrid governance structure that gives its nonprofit foundation control over a for-profit arm, which has raised billions from Microsoft."
"Musk, who initially sought as much as $134 billion in damages, has since pledged to redirect any compensation he receives to the OpenAI nonprofit."
Elon Musk is set to go to trial against OpenAI and its CEO Sam Altman, alleging that Altman misled him into investing in the company by presenting it as a nonprofit. Musk claims he was deceived into believing OpenAI's mission was altruistic, leading him to invest millions. The trial will address the implications of AI technology, which many fear could threaten jobs and humanity. Musk seeks to restore OpenAI's nonprofit status and has called for the ousting of Altman and co-founder Greg Brockman.
Read at www.dw.com
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