Home About

TL;DR CNBC


Elon Musk drops suit against OpenAI and Sam Altman - TL;DR CNBC

Elon Musk drops suit against OpenAI and Sam Altman

Publishing timestamp: 2024-06-11 20:36:51


Summary

Elon Musk withdrew his lawsuit against OpenAI and its co-founders, Sam Altman and Greg Brockman, just one day after criticizing the company's new partnership with Apple. The lawsuit was dismissed without prejudice, and Musk had alleged breach of contract and fiduciary duty. Musk had also used the lawsuit to remind the world of his role in the creation of OpenAI, which has become a successful startup. Musk's own AI startup, xAI, recently announced a $6 billion Series B funding round.


Sentiment: MIXED

Tickers: MSFT, 

Keywords: artificial intelligence,  business news,  sam altman,  breaking news: technology,  generative ai,  elon musk, 

Source: https://www.cnbc.com/2024/06/11/elon-musk-drops-suit-against-openai-and-sam-altman.html


Developed by Leo Phan