Elon Musk tells court he was a "fool" for funding OpenAI [CBS News]
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Source: CBS News
Testifying in a case he brought against OpenAI, the billionaire founder of Tesla and SpaceX said he continued to finance OpenAI after receiving assurances from OpenAI CEO Sam Altman that the company would remain a nonprofit. However, Musk said he began to have doubts about the company's direction and said he later felt betrayed. Musk alleged in his civil lawsuit that OpenAI, Altman, and OpenAI President Greg Brockman reneged on the AI company's founding agreement by prioritizing profit over a promise to keep OpenAI as a nonprofit dedicated to human progress. The trial, playing out in the U.S. District Court for the Northern District of California, started Monday and is expected to last about four weeks. Musk contributed $38 million in funding to OpenAI from December 2015 through May 2017. The AI company is now valued at more than $85 billion. Lawyers for OpenAI reject Musk's allegations, saying that company leaders never promised it would remain a nonprofit forever. The compa
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