ADVERTISEMENT
Wednesday, February 4, 2026
  • Login
Tech | Business | Economy
No Result
View All Result
NEWSLETTER
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • BUSINESS SENSE FOR SMEs
    • Telecoms
    • Commerce & Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
    • Chidiverse
  • TECHECONOMY TV
  • Apply
  • TBS
  • Advertise
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • BUSINESS SENSE FOR SMEs
    • Telecoms
    • Commerce & Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
    • Chidiverse
  • TECHECONOMY TV
  • Apply
  • TBS
  • Advertise
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
  • News
  • Tech
  • Business
  • Partners
  • Economy
  • Features
  • TECHECONOMY TV
  • Apply
  • TBS
  • Advertise

Home » Elon Musk Sues OpenAI, Alleging Breach of Founding Agreement

Elon Musk Sues OpenAI, Alleging Breach of Founding Agreement

Joan Aimuengheuwa by Joan Aimuengheuwa
March 1, 2024
in Business
Reading Time: 2 mins read
1
Elon Musk Sues OpenAI, Alleging Breach of Founding Agreement

Source: Getty Images

Elon Musk has filed a lawsuit against OpenAI and its Chief Executive Officer Sam Altman, pointing out breaches of the artificial intelligence startup’s founding principles. 

Elon Musk, a key early supporter of OpenAI, contends that the organization has deviated from its original mission of advancing open-source AI technology for the betterment of humanity.

The lawsuit, filed in a San Francisco court, accuses OpenAI and its co-founders, including Greg Brockman, of prioritizing profits over the nonprofit’s founding objective. Elon Musk asserts that Altman and Brockman persuaded him to provide substantial financial support to OpenAI with assurances that it would remain a nonprofit entity focused on countering competitive threats from tech giants like Google.

According to legal documents, Elon Musk contributed over $44 million to OpenAI between 2016 and September 2020, making him the largest donor during that period. However, Musk alleged that OpenAI’s recent collaboration with Microsoft, a leading technology corporation, symbolizes a transition towards commercializing its artificial general intelligence (AGI) research.

MTN New

Central to Elon Musk’s grievance is OpenAI’s latest natural language model, GPT-4, which Musk contends represents a significant advancement towards AGI. He argues that OpenAI’s partnership with Microsoft to monetize GPT-4 contradicts the nonprofit’s commitment to advancing AI for the benefit of humanity.

In the lawsuit, Musk seeks to compel OpenAI to adhere to its original mission and refrain from profiting from technologies developed under its nonprofit status. He requests the court to recognize AI systems like GPT-4 as artificial general intelligence, thereby holding OpenAI accountable to its founding principles.

The legal complaint emphasized concerns regarding changes in OpenAI’s governance structure, with Altman allegedly hand-picking a new board lacking technical expertise in AI governance. 

0Shares

stanbic
Previous Post

Navigating Business Complexity with Digital Innovation

Next Post

Paradigm Initiative, ISOC and Others to Host Policy Cafe on Internet Technical Standards and Human Rights

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Next Post
Judge gavel with computer mouse keyboard - Policy Cafe

Paradigm Initiative, ISOC and Others to Host Policy Cafe on Internet Technical Standards and Human Rights

Comments 1

  1. Pingback: OpenAI Seeks Meta’s Records Over Elon Musk’s $97bn Takeover Bid – Nigeria News Update

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

MTN New
Techeconomy Podcast
Techeconomy Podcast

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.

Navigating a Career in Tech Sales
byTecheconomy

Tech sales is more than selling – it’s strategy, relationships, and growthIf you’re curious about: Breaking into tech sales Growing your career Understanding what employers really want

Navigating a Career in Tech Sales
Navigating a Career in Tech Sales
January 29, 2026
Techeconomy
How Technology is Transforming Education, Health, and Business
November 27, 2025
Techeconomy
INNOVATION IN MOBILE BANKING
October 30, 2025
Techeconomy
The Rise of AI: Impact on Jobs & Businesses
September 25, 2025
Techeconomy
Beyond the Product: How to Build a Powerful Marketing Engine for Your Tech Business
August 28, 2025
Techeconomy
Search Results placeholder
UBA
Advertisements
  • About Us
  • Careers
  • Contact Us

© 2026 TECHECONOMY.

No Result
View All Result
  • Techeconomy
  • News
  • Technology
  • Business
  • Economy
  • Jobseeker
  • Advertise

© 2026 TECHECONOMY.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.