Elon Musk Withdraws Lawsuit Against OpenAI

Elon Musk has decided to dismiss the lawsuit against OpenAI and its co-founders, Sam Altman and Greg Brockman. Sued in the California state court, the lawsuit was dismissed with prejudice on June 11th, the day after Musk openly denounced OpenAI’s new collaboration with Apple.^[1]  

This lawsuit was filed in February by Musk against OpenAI, Altman, and Brockman for breach of contract and fiduciary duty. He said that OpenAI, which was created to build AGI to help humanity, has become profit-oriented and is now mostly owned by Microsoft.

There's a court hearing scheduled in San Francisco on June 13th to discuss the defendants' request to drop the case.

OpenAI and Apple are teaming up to enhance Siri by giving it access to OpenAI's ChatGPT. This feature will be free for the users and will not require any account creation, thereby keeping the users' data private. Siri will also be enhanced in real-time statement correction as well as being more integrated with Apple operating systems.

Last October, Musk introduced xAI as his firm in the Artificial Intelligence business, that competes with OpenAI. This one closed a $6 billion series B funding round in May 2024 with investors Bart Andreessen Horowitz, Sequoia Capital, and Fidelity Management & Research Company.

Altman, Brockman, and Chief Scientist Ilya Sutskever collaborated in 2019 to establish OpenAI, a profit-making organization integrated into the broader company's framework. Through strategic maneuvers, that profit-driven organization transformed OpenAI from having little value to being valued at $90 billion over a brief span of time. Altman is widely acknowledged as the architect behind that strategy and a crucial element in the company's achievements.