Elon Musk wanted ‘absolute control’ of the company: OpenAI

Updated: Mar 6th, 2024

Source: IANS

Sam Altman-run OpenAI company has hit back at Elon Musk’s lawsuit, saying as the company discussed a for-profit structure in order to further the mission, “Musk wanted us to merge with Tesla or he wanted full control”. 

In a blog post, the ChatGPT maker alleged that Musk wanted “majority equity, initial board control, and to be CEO.”

In the middle of these discussions, “he withheld funding”.

The company co-founders Greg Brockman, Ilya Sutskever, John Schulman, Sam Altman, and Wojciech Zaremba said that “We couldn’t agree to terms on a for-profit with Elon because we felt it was against the mission for any individual to have absolute control over OpenAI.”

Musk left the company, “saying there needed to be a relevant competitor to Google/DeepMind and that he was going to do it himself. He said he’d be supportive of us finding our own path”.

According to the company, they couldn’t agree to terms on a for-profit with Musk because “we felt it was against the mission for any individual to have absolute control over OpenAI”.

The billionaire then suggested merging the company into Tesla.

Musk soon chose to leave the company, “saying that our probability of success was zero, and that he planned to build an AGI competitor within Tesla”.

In Dec 2018, Musk sent the company an email, saying “Even raising several hundred million won’t be enough. This needs billions per year immediately or forget it”.

OpenAI said it is focused on “advancing our mission and have a long way to go”.

Musk alleged in his lawsuit that the company has become “a closed-source de facto subsidiary” of Microsoft.

(Source: IANS)

-Edited for style

Also read:

Musk sues OpenAI, its CEO Sam Altman over agreement breach around AI

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