Crypto News

OpenAI Says Elon Musk Regrets His Early Exit From the Company

Kwon emphasized OpenAI's mission to ensure AGI benefits humanity, adding OpenAI operates independently, competing directly with Microsoft.
Published by
OpenAI Says Elon Musk Regrets His Early Exit From the Company

Highlights

  • Elon Musk lawsuit cites unfair business practices by OpenAI.
  • OpenAI says Elon Musk regrets no being part of OpenAI's growth.
  • OpenAI clears doubts regarding inquiries from the government agencies recently.

An internal memo addressed to employees of the AI firm OpenAI said that the company “categorically disagrees” with the lawsuit filed against the company by Elon Musk. Musk, a former cofounder of OpenAI who is no longer part of the organization, lodged a lawsuit against OpenAI and its Chief Executive Officer Sam Altman, claiming that the company’s affiliation with Microsoft Corp. has compromised its initial objective of developing open-source technology independent of corporate influences.

Elon Musk Regrets Leaving OpenAI?

According to a memo obtained by Bloomberg News, OpenAI Chief Strategy Officer Jason Kwon challenged Elon Musk’s suggestion that the startup is essentially a subsidiary of investor Microsoft. Kwon noted that Musk’s claims “may stem from Elon’s regrets about not being involved with the company today.”

In the memo, Kwon reiterated that OpenAI’s mission is centered on ensuring that Artificial General Intelligence (AGI) benefits all of humanity. AGI refers to theoretical software capable of outperforming humans across various tasks. Additionally, Kwon emphasized that OpenAI operates independently and directly competes with Microsoft.

In a distinct memo also reviewed by Bloomberg, Sam Altman described Elon Musk as a personal hero. He further expressed a sense of nostalgia for the individual he once knew—the one who thrived on competition through technological innovation.

Elon Musk’s lawsuit against OpenAI cites breach of contract, breach of fiduciary duty, and allegations of unfair business practices, among other complaints. Thus, he is pursuing legal action in his capacity as a former donor to OpenAI’s nonprofit parent organization up to 2019. Musk also aims to compel OpenAI to cease the perceived advantages accruing to Microsoft and Altman personally.

Inquiries from Government

OpenAI’s Chief Strategy Officer also informed employees about “inquiries from government agencies,” likely referring to an investigation initiated by the Securities and Exchange Commission following the temporary removal of Altman by the company’s board toward the end of last year.

Although Kwon didn’t explicitly name the agency, he noted that “after the events of last November, they requested information from us, which aligns with our expectations given the circumstances.” Kwon reassured that the company is actively cooperating with the government.

Artificial intelligence companies are encountering heightened scrutiny from prominent figures in the technology and media sectors as emerging technologies raise concerns about chatbots potentially rivaling human intelligence.

Allegations directed at AI firms, such as OpenAI, often include accusations of copyright infringement and unauthorized appropriation of online media content. Should plaintiffs prevail, AI companies might need to compensate for the use of specific materials to train their programs.

Advertisement
Share
Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

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

  • Crypto News

Trump to Interview BlackRock’s Rick Rieder as Fed Chair Shortlist Narrows to Four

The Fed chair race is heating up with U.S. President Donald Trump set to interview…

December 19, 2025
  • Crypto News

Breaking: VanEck Discloses Fees and Staking Details for its Avalanche ETF

The leading crypto asset manager VanEck amends its Avalanche ETF with the U.S. Securities and…

December 19, 2025
  • Crypto News

Crypto Market Braces for Volatility as BTC, ETH Options Expiry Collides $7.1 Trillion ‘Triple Witching’

Crypto market traders are bracing for heightened volatility and a potential crash as Bitcoin and…

December 19, 2025
  • Crypto News

Terraform Labs Lawsuit: Jump Trading Faces $4B Case over Market Manipulation

While the crypto market has yet to fully recover from the $40 billion collapse of…

December 19, 2025
  • Crypto News

Coinbase Challenges US States Over Regulatory Restrictions on Prediction Markets

Coinbase Global, the largest cryptocurrency exchange in the United States, has filed lawsuits against three…

December 19, 2025
  • Crypto News

Will Bitcoin Price Repeat 20-30% Crashes as BOJ Hikes Rates to 30-Year High?

The Bank of Japan (BOJ) raises its interest rates by 25 bps to 0.75%, the…

December 19, 2025