24/7 Cryptocurrency News

Elon Musk Wants Truce With OpenAI, Names Troubling Condition

Elon Musk has stirred the tech scene by issuing an almost impossible condition to put an end to his lawsuit against OpenAI
Published by
Elon Musk Wants Truce With OpenAI, Names Troubling Condition

Highlights

  • The Elon Musk and OpenAI lawsuit is drawing more media thrill
  • Elon Musk just offered to close the case if OpenAI satisfies a condition
  • OpenAI has evidence that might bolster its defense against Elon Musk

Tesla boss Elon Musk has somewhat agreed to make a truce with Sam Altman-led Artificial Intelligence (AI) company OpenAI but only if his almost impossible condition is met. 

Advertisement

The Elon Musk and OpenAI Lawsuit

At the beginning of March, Elon Musk sued OpenAI and its CEO Altman in the San Francisco Superior Court over a breach of agreement amid concerns about profit-driven AI development. According to the filing, OpenAI gradually tilted towards commercial interests rather than its original mission and founding principle to develop AI for the benefit of humanity. 

For emphasis, Elon Musk highlighted OpenAI’s collaboration with top technology firm Microsoft, citing that the alliance has veered the AI firm off course. To rectify the shortcomings, he requested that OpenAI revert to its open-source ethos and seek an injunction to prevent the exploitation of open-source artificial general intelligence AGI technology for profit.

Not long after, OpenAI released an internal memo to employees, stating how it “categorically disagrees” with the lawsuit. For the AI-driven firm, it was rather a matter of regret on Elon Musk’s part, seeing that he previously was a part of the company from inception. Precisely, OpenAI Chief Strategy Officer Jason Kwon noted that the lawsuit claims “may stem from Elon’s regrets about not being involved with the company today.”

Advertisement

The OpenAI Damning Evidence Against Elon Musk

In a surprising move, the Tesla and X boss stated that he would be willing to drop his lawsuit against OpenAI if the company is willing to change its name to “ClosedAI.” 

This request from Musk is perceived as an impossible condition that OpenAI may not open to. Additionally, making such utterances suggests that the billionaire has no plans to put an end to the lawsuit just yet.

On the other hand, it is unlikely that OpenAI would be willing to ask Musk to reconsider his lawsuit. The company recently got busy with digging out dirt on the X owner. 

OpenAI presented some documents that confirm that Musk himself had endorsed the company’s transition to a for-profit entity and emphasized the necessity of raising “billions” of dollars to remain competitive against companies like Google. 

It is believed that the billionaire’s animosity towards the AI firm is a reaction to the alleged failed attempt to integrate OpenAI into Tesla.

Advertisement

Share
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

SEC’s Paul Atkins Pushes for On-Chain Capital Raising Without Uncertainty

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission, delivered a keynote address at…

September 11, 2025
  • 24/7 Cryptocurrency News

SEC Delays Decision On Staking For BlackRock’s Ethereum ETF

The U.S. Securities and Exchange Commission has pushed back on its decision on BlackRock's application…

September 10, 2025
  • 24/7 Cryptocurrency News

SEC Delays Decision on Franklin Templeton’s Solana and XRP ETFs

The U.S. Securities and Exchange Commission has extended its review of the Franklin Solana (SOL)…

September 10, 2025
  • 24/7 Cryptocurrency News

BNB Hits New ATH As Binance Partners With $1.6T Franklin Templeton

BNB hit a new all-time high above $904 today. The price boom was driven by…

September 10, 2025
  • 24/7 Cryptocurrency News

Crypto Market, S&P 500 Rally as PPI Data Fuels Rate Cut Hopes

The crypto market and S&P 500 are in the green following the PPI data release.…

September 10, 2025
  • Bitcoin News

Breaking: U.S. PPI Cools To 2.6%, BTC Price Rises

The U.S. PPI data has come in way lower than expectations, providing a bullish outlook…

September 10, 2025