Musk Says He ‘Was a Fool’ to Provide OpenAI’s Early Funding
Elon Musk testified in a trial against OpenAI, stating he was misled by the company's CEO Sam Altman and regretted providing initial funding. Musk is seeking $150 billion in damages, claiming OpenAI breached its founding contract by partnering with Microsoft and creating commercial products.
Elon Musk testified in a trial against OpenAI, stating he was misled by CEO Sam Altman. Musk said he regretted providing $38 million in initial funding, which helped create an $800 billion company. OpenAI was founded as a nonprofit but later partnered with Microsoft and created commercial products. Musk is seeking $150 billion in damages, claiming OpenAI breached its founding contract. The trial is expected to last a month in federal court in Oakland, California. Musk and Altman had a falling out after Musk left OpenAI in early 2018.
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