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We now have some idea of what's at stake in the longstanding feud between Elon Musk and OpenAI. As first reported by Bloomberg, the latest filing, as part of a lawsuit that accuses the AI giant of abandoning its non-profit status, claims that Musk is owed anywhere between $79 billion and $134 billion in damages from the "wrongful gains" of OpenAI and Microsoft.
Musk claimed in the filing that he's entitled to a portion of OpenAI's recent valuation at $500 billion, after contributing $38 million in "seed funding" during the AI company's startup years. Along with providing "roughly 60 percent of the nonprofit's seed funding," Musk offered recruiting of key employees, introductions with business contacts and startup advice, according to the filing. The monetary estimate comes from C. Paul Wazzan, a financial economist who's serving as Musk's expert in the case. According to Wazzan's calculations, OpenAI earned between $65.5 billion and $109.43 billion in wrongful gains, while Microsoft saw between $13.3 billion and $25.06 billion.
The lawsuit between Elon Musk and OpenAI dates back to March 2024, when the xAI CEO first filed a legal action claiming that OpenAI violated its non-profit status. Musk later added Microsoft as
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The company said on Friday that it would start serving ads in the free version of its chatbot over the next several weeks.
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OpenAI says that it won't serve ads based on sensitive topics like mental health or politics.
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OpenAI just rehired former employees who previously left the company to work at Thinking Machines Lab.
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Two co-founders, Barret Zoph and Luke Metz, are heading back to OpenAI, alongside Sam Schoenholz, another former OpenAI staffer who had joined the startup.
The post Thinking Machines Lab Loses Key Leaders as They Return to OpenAI appeared first on eWEEK.
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