India  

Elon Musk Drops Lawsuit Against OpenAI

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Elon Musk Drops Lawsuit Against OpenAI

Elon Musk Drops Lawsuit Against OpenAI

Elon Musk Drops Lawsuit , Against OpenAI.

In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman.

In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman.

In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman.

The suit alleged that OpenAI initially worked to develop artificial general intelligence "for the benefit of humanity" but later strayed from that goal to become a for-profit entity.

.

Musk, who had a hand in launching OpenAI, was suing "for breach of contract and fiduciary duty," CNBC reports.

In March, experts told CNBC that the suit had a murky legal foundation because there was no formal written agreement signed by each party.

On June 11, Musk dropped the lawsuit.

It was dismissed without prejudice.

His decision to drop the lawsuit comes one day after he threatened Apple over its new partnership with OpenAI.

His decision to drop the lawsuit comes one day after he threatened Apple over its new partnership with OpenAI.

He called the partnership "an unacceptable security violation" since Apple has "no clue what's actually going on.".

It’s patently absurd that Apple isn’t smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security & privacy!, Elon Musk, via X.

Musk went on to say that if Apple "integrates OpenAI at the OS level," the company's devices will be banned at his businesses.


You Might Like


💡 newsR Knowledge: Other News Mentions

OpenAI OpenAI Artificial intelligence research organization

Salesforce Einstein GPT: New Era of AI-Powered CRM

Anchored by Salesforce's robust CRM platform and powered by OpenAI's state-of-the-art language model, this innovative tool promises transformative capabilities..
DNA
Musk Threatens Ban After Apple Announces OpenAI Partnership [Video]

Musk Threatens Ban After Apple Announces OpenAI Partnership

Musk Threatens Ban , After Apple Announces , OpenAI Partnership. Reuters reports that Elon Musk has threatened to ban Apple devices at his companies if the iPhone producer goes forward with plans to integrate OpenAI. Reuters reports that Elon Musk has threatened to ban Apple devices at his companies if the iPhone producer goes forward with plans to integrate OpenAI. Reuters reports that Elon Musk has threatened to ban Apple devices at his companies if the iPhone producer goes forward with plans to integrate OpenAI. That is an unacceptable security violation, Elon Musk, CEO of Tesla & SpaceX, via Reuters. And visitors will have to check their Apple devices at the door, where they will be stored in a Faraday cage, Elon Musk, CEO of Tesla & SpaceX, via Reuters. On June 10, Apple announced a number of new AI features to be introduced across the company's apps and operating platforms. . Apple also announced a new partnership with OpenAI that will see ChatGPT technology added to all of the company's devices. According to Apple, privacy was "at the core" of its efforts to integrate AI. It's patently absurd that Apple isn't smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security & privacy!, Elon Musk, CEO of Tesla & SpaceX, via Reuters. Previously, Musk sued OpenAI and its CEO Sam Altman for abandoning the company's original mission to create AI for the betterment of humanity rather than profit. Previously, Musk sued OpenAI and its CEO Sam Altman for abandoning the company's original mission to create AI for the betterment of humanity rather than profit. Following the legal challenge, Musk started his own startup, xAI, to challenge OpenAI with an alternative to the popular chatbot ChatGPT. Following the legal challenge, Musk started his own startup, xAI, to challenge OpenAI with an alternative to the popular chatbot ChatGPT. Reuters reports that Musk's xAI has been valued at $24 billion, after raising $6 billion in series B funding during its last funding round

Credit: Wibbitz Top Stories    Duration: 01:30Published
Apple Announces Partnership With OpenAI [Video]

Apple Announces Partnership With OpenAI

Apple Announces Partnership , With OpenAI. Apple Announces Partnership , With OpenAI. Apple made a lot of announcements at its Worldwide Developers Conference this year. Apple made a lot of announcements at its Worldwide Developers Conference this year. but one of the company's most-anticipated reveals was that it's teaming up with ChatGPT-maker OpenAI, NPR reports. . The deal is the first of its kind for the tech giant, which has been slower than its competitors to adopt AI. . Apple software chief Craig Federighi said that Siri will become integrated with OpenAI. The feature will allow Apple users to ask for assistance with things such as recipes, decorating tips or even writing a story. Suppose you want to create a custom bedtime story for your six-year-old who loves butterflies and solving riddles, Craig Federighi, Apple software chief, via statement. Put in your initial idea, and send to ChatGPT, Craig Federighi, Apple software chief, via statement. OpenAI CEO Sam Altman took to X to celebrate the announcement. Very happy to be partnering with Apple to integrate ChatGPT into their devices later this year! Think you will really like it, Sam Altman, OpenAI CEO, via X. Apple will also roll out its own generative AI software, Apple Intelligence. The new features are set to be released later this year

Credit: Wibbitz Top Stories    Duration: 01:31Published
Apple partners with OpenAI as it unveils 'Apple Intelligence' [Video]

Apple partners with OpenAI as it unveils 'Apple Intelligence'

Credit: FRANCE 24 English    Duration: 01:27Published

Elon Musk Elon Musk Businessman and investor (born 1971)

'Donald Trump Hit By Glass Not Bullet': New Shocking Reports Claim Trump Shot In A Planned Stunt? [Video]

'Donald Trump Hit By Glass Not Bullet': New Shocking Reports Claim Trump Shot In A Planned Stunt?

Donald Trump was shot at today during an election rally in Pennsylvania. The former US President is reported to be safe and recuperating under medical care. However, conflicting reports are emerging about the incident. While Trump asserts that he was shot with a bullet that pierced the upper part of his right ear, law enforcement officials claim he was hit by glass fragments, possibly from a teleprompter broken by the bullets. This discrepancy has fueled conspiracy theories, with some social media users calling the event a staged 'photo op' for sympathy and votes. President Biden has condemned the attack as "sick," and tech mogul Elon Musk has publicly endorsed Trump following the incident. The true details of what happened remain under investigation. #TrumpShooting #Election2024 #GlassOrBullet #ConspiracyTheories #TrumpRally #PoliticalNews #BreakingNews #DonaldTrump #USPolitics ~HT.97~PR.274~

Credit: Oneindia    Duration: 03:05Published

Musk donates 'sizable amount' to Trump-backing political group - reports

Billionaire Elon Musk has donated to a political group working to elect presidential candidate Donald Trump, according to reports.
Sky News
Supreme Court Rules Against SEC's Authority to Impose Fines [Video]

Supreme Court Rules Against SEC's Authority to Impose Fines

Supreme Court Rules , Against SEC's Authority, to Impose Fines. NPR reports that the United States Supreme Court recently voted 6-3 against the Securities and Exchange Commission's policy on fraudulent conduct. . NPR reports that the United States Supreme Court recently voted 6-3 against the Securities and Exchange Commission's policy on fraudulent conduct. . Chief Justice John Roberts, writing for the court's conservative majority, said the current rules deprive accused transgressors of their constitutional right to a jury trial. . Chief Justice John Roberts, writing for the court's conservative majority, said the current rules deprive accused transgressors of their constitutional right to a jury trial. . The SEC relies on administrative law judges (ALJ) to make legal conclusions in cases brought before the agency. The Supreme Court's decision has the potential to send ripples through dozens of agencies, from labor rights to energy regulation. The Court did exclude from its decision those agencies dealing with federal benefits, while some conservative justices wanted the ruling to go further. The three liberal justices in dissent blasted the decision by the majority. . The case was brought by a former conservative radio host and hedge fund manager, George Jarkesy, following an SEC fraud investigation. The case was brought by a former conservative radio host and hedge fund manager, George Jarkesy, following an SEC fraud investigation. An in-house evidentiary hearing fined Jarkesy $300,000, ordered him to pay back almost $700,000 in ill-gotten profits and barred him from the securities industry. Jarkesy argued that he was entitled to a jury trial held in a federal court and that Congress lacked the power to delegate such authority to the SEC. NPR reports that Jarkesy's case was supported by a number of conservative and business groups, and individuals such as Elon Musk. NPR reports that Jarkesy's case was supported by a number of conservative and business groups, and individuals such as Elon Musk

Credit: Wibbitz Top Stories    Duration: 01:31Published
Elon Musk Welcomes 12th Child [Video]

Elon Musk Welcomes 12th Child

Elon Musk , Welcomes 12th Child. Musk and Neuralink executive Shivon Zilis welcomed their third child together earlier this year, CBS News reports. Musk recently confirmed the birth in a 'New York Post' interview but didn't share the baby's name or sex. He also addressed rumors that the birth was a secret. As for 'secretly fathered,' that is also false. , Elon Musk, to the 'New York Post'. All our friends and family know. Failure to issue a press release, which would be bizarre, does not mean 'secret.', Elon Musk, to the 'New York Post'. Musk and Zilis also had twins in 2021, months before the Tesla and SpaceX CEO had a second child with Grimes. Musk and Zilis also had twins in 2021, months before the Tesla and SpaceX CEO had a second child with Grimes. He had a third child with Grimes in 2023. In a 2022 tweet, Musk said that declining birth rates represent "the biggest danger civilization faces by far.". He also said, "Doing my best to help the underpopulation crisis.". Many countries are already well below replacement rate, and the trend is that almost all will be. This is simply a fact, not a 'debunked theory.', Elon Musk, to the 'New York Post'. Musk also fathered six children with Justine Wilson, although they lost their first child to Sudden Infant Death Syndrome (SIDS). He was married to the Canadian author from 2000 to 2008

Credit: Wibbitz Top Stories    Duration: 01:30Published

Apple Inc. Apple Inc. American multinational technology company

Apple opening up access to payments on iPhones solves EU competition concerns [Video]

Apple opening up access to payments on iPhones solves EU competition concerns

Banks and other potential rivals previously argued it’s unfair they’re forced to use software controlled by the tech giant.

Credit: euronews (in English)    Duration: 02:44Published
'Severance' Season 2 Unveils 2025 Release Date | THR News Video [Video]

'Severance' Season 2 Unveils 2025 Release Date | THR News Video

We now know when the innies of 'Severance' will return to the office. Apple just revealed that season two of the workplace thriller will premiere on January 17th, 2025. The 10-episode season will be released weekly through March 21st, 2025. Along with the date announcement, the streamer shared a short teaser for the new season.

Credit: The Hollywood Reporter    Duration: 01:09Published
Amazon Reaches $2 Trillion in Stock Market Value [Video]

Amazon Reaches $2 Trillion in Stock Market Value

Amazon Reaches $2 Trillion , in Stock Market Value. On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. . Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. . Within the past year, Amazon's stock has gained 52%. Part of that gain can be attributed to investors' enthusiasm about the company's AI endeavors, NPR reports. . A big part of the valuation boost has been cloud and AI. Amazon is going to be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR. Amazon currently has a chatbot called Q, which businesses that use AWS have access to. . Amazon currently has a chatbot called Q, which businesses that use AWS have access to. . Amazon CEO Andy Jassy recently said that AI has rejuvenated the growth of AWS. The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue. Amazon recently invested in Anthropic, a California AI company, "to develop so-called foundation models that underpin generative AI systems," NPR reports. . Amazon also makes its own AI chips. The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia.

Credit: Wibbitz Top Stories    Duration: 01:30Published

Sam Altman Sam Altman American entrepreneur and investor (born 1985)


Greg Brockman Greg Brockman American entrepreneur, investor and software developer (born 1987)


CNBC CNBC American television business news channel

Walgreens Plans ‘Significant’ Store Closures [Video]

Walgreens Plans ‘Significant’ Store Closures

Walgreens Plans , ‘Significant’ Store Closures. On June 27, Walgreens announced quarterly earnings that were poorer than expected, NBC News reports. The company's stock fell 15% in pre-market trading. CEO Tim Wentworth issued a press release. We continue to face a difficult operating environment, including persistent pressures on the U.S. consumer and the impact of recent marketplace dynamics which have eroded pharmacy margins, Tim Wentworth, Walgreens CEO, via press release. Our results and outlook reflect these headwinds, Tim Wentworth, Walgreens CEO, via press release. Wentworth elaborated in an interview with CNBC. The consumer is absolutely stunned by the absolute prices of things, and the fact that some of them may not be inflating doesn’t actually change their resistance to the current pricing, Tim Wentworth, Walgreens CEO, via CNBC. On a call with analysts, Wentworth said that Walgreens' strategy will have to "include the closure of a significant portion of these underperforming stores.". 75% of our stores drive 100% of our profitability today. What that means is the others we take a hard look at, we are going to finalize a number that we will close, Tim Wentworth, Walgreens CEO, via call with analysts. The pharmacy chain currently operates about 8,600 stores

Credit: Wibbitz Top Stories    Duration: 01:30Published
US Water System May Be Vulnerable to Cyberattack by China, Russia and Iran [Video]

US Water System May Be Vulnerable to Cyberattack by China, Russia and Iran

US Water System May Be , Vulnerable to Cyberattack, by China, Russia and Iran. CNBC reports that the United States water system has been the target of a series of cyberattacks over the past few years. . In response, the Environmental Protection Agency (EPA) has been forced to issue an alert warning that 70% of water systems do not comply with the Safe Drinking Water Act. According to the EPA, some have “alarming cybersecurity vulnerabilities,” including unchanged default passwords and former employees who retain access to vital systems. In February, the FBI issued a warning to Congress that Chinese hackers have embedded themselves into the U.S. cyber infrastructure. . Those hackers have targeted water treatment plants, the electrical grid, transportation systems and other vital infrastructure. Those hackers have targeted water treatment plants, the electrical grid, transportation systems and other vital infrastructure. Water is among the least mature in terms of security, Adam Isles, head of cybersecurity practice for Chertoff Group, via CNBC. Stuart Madnick, an MIT professor of engineering systems and co-founder of Cybersecurity at MIT Sloan, warns that an attack that shuts off water to the population is the main concern. We have demonstrated in our lab how operations, such as a water plant, could be shut down not just for hours or days, but for weeks, Adam Isles, head of cybersecurity practice for Chertoff Group, via CNBC. Recently, EPA Administrator Michael Regan and National Security Adviser Jake Sullivan sent a letter to governors stressing the urgency of the threat. . Recently, EPA Administrator Michael Regan and National Security Adviser Jake Sullivan sent a letter to governors stressing the urgency of the threat. . CNBC reports that budgets, outdated infrastructure and an overall reluctance to take action may prevent necessary fixes from being made before a serious attack.

Credit: Wibbitz Top Stories    Duration: 01:31Published
European Union Announces Higher Tariffs on Chinese EVs [Video]

European Union Announces Higher Tariffs on Chinese EVs

European Union Announces , Higher Tariffs on Chinese EVs. On June 12, the EU said it will impose higher tariffs on imports of Chinese electric vehicles (EVs), CNBC reports. . The increase in tariffs is the result of a probe launched by the EU in October. According to the EU, the Chinese imports benefit "heavily from unfair subsidies" and threaten "economic injury" to European EV producers. The influx of subsidized Chinese imports at artificially low prices therefore presents a threat of clearly foreseeable and imminent injury to EU industry, European Commission, via statement. A 38.1% tariff will be imposed on battery electric vehicle producers who refused to cooperate with the bloc's investigation. A 21% tariff will be implemented for carmakers in China who complied but have yet to be "sampled.". On June 11, a spokesperson for China's Ministry of Commerce called the higher tariffs a "protectionist act.". The findings disclosed in the EU ruling lack factual and legal basis, Spokesperson for China's Ministry of Commerce, via statement. This is a naked protectionist act, creating and escalating trade frictions, and 'destroying fair competition' in the name of 'maintaining fair competition.' , Spokesperson for China's Ministry of Commerce, via statement. This move by the EU not only damages the legitimate rights and interests of China’s electric vehicle industry, but will also disrupt and distort the global automotive industry chain supply chain, including the EU, Spokesperson for China's Ministry of Commerce, via statement

Credit: Wibbitz Top Stories    Duration: 01:31Published
Apple Is Reportedly Building a Dedicated Passwords App [Video]

Apple Is Reportedly Building a Dedicated Passwords App

Apple Is Reportedly Building , a Dedicated Passwords App. On June 6, Mark Gurman from 'Bloomberg' reported that Apple intends to build next-gen iPhones and Macs with a built-in password management app. On June 6, Mark Gurman from 'Bloomberg' reported that Apple intends to build next-gen iPhones and Macs with a built-in password management app. The new app will be called Passwords, Engadget reports. The app will be revealed at the Worldwide Developers Conference in June. While Apple already offers password services via the iCloud Keychain. it can be tedious to find or change passwords with it. A dedicated passwords app would make the whole process easier and likely encourage some people to stick with Apple. Similarly to subscription password managers 1Password and LastPass, Apple's app will split passwords into categories. Similarly to subscription password managers 1Password and LastPass, Apple's app will split passwords into categories. Such categories include "accounts, WiFi networks and Passkeys," CNBC reports. . Users will be able to import passwords from other apps. Two-factor verification codes will also be supported. It's not clear if Passwords will let you store files and images as its rivals do.

Credit: Wibbitz Top Stories    Duration: 01:30Published

Related news from verified sources

In sudden move, Musk drops suit against OpenAI sans explanation

Elon Musk drops lawsuit against OpenAI and CEO Sam Altman, alleging betrayal of founding aims.
IndiaTimes - Published


Related videos from verified sources

Ex-Employees Sue Elon Musk and SpaceX Over Illegal Firings [Video]

Ex-Employees Sue Elon Musk and SpaceX Over Illegal Firings

Ex-Employees Sue Elon Musk and SpaceX , Over Illegal Firings. The lawsuit was filed on June 12, CNN reports. Eight former employees allege that they were illegally terminated for speaking out about..

Credit: Wibbitz Top Stories     Duration: 01:31Published
Elon Musk Accused of Sexual Harassment By 8 Former Space X Employees [Video]

Elon Musk Accused of Sexual Harassment By 8 Former Space X Employees

Eight former SpaceX employees are suing Elon Musk, alleging sexual harassment and workplace discrimination, accusing him of creating a toxic work environment where women are treated as sexual objects..

Credit: What's Trending     Duration: 01:09Published
Elon Musk Withdraws Lawsuit Against OpenAI [Video]

Elon Musk Withdraws Lawsuit Against OpenAI

Tesla founder and CEO Elon Musk dropped his lawsuit against OpenAI and its CEO Sam Altman on June 11th. The suit, which initially made headlines in March, alleged breach of contract and fiduciary duty,..

Credit: What's Trending     Duration: 01:12Published