00:00 It's Benzinga and here's what's on the block.
00:02 OpenAI has publicly responded to a lawsuit filed by Elon Musk who accused the company
00:06 of deviating from its original non-profit mission. In a blog post, the OpenAI co-founder
00:10 stated that Musk had previously sought to merge OpenAI with Tesla or gain full control over the
00:15 company. They claimed that Musk demanded a majority equity board control and the position of CEO,
00:20 which they believed contradicted the mission of preventing any single individual from having
00:24 complete control over OpenAI. Musk's lawsuit alleges that OpenAI has become a closed-source
00:28 subsidiary of Microsoft, focused more on profit than humanity, and that this constitutes a breach
00:33 of the supposed founding agreement. For all things money, visit Benzinga.com.
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