š Musk sues OpenAI (the full story)
ā³ AI for Professionals (Pre-sale ends today)
Martin Crowley & Liam Lawson
March 04, 2024
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Mondayās top story: Musk is suing OpenAI over a breach of contract.
This is the last reminder that weāre launching AI for professionals, the only accreditation youāll ever need, tomorrow, 5th March (Pre-sale ends today).
š š š š
š¤ļø This Morning on AI Tool Report
š Musk sues OpenAI for breach of contract
āļø Google cuts jobs in AI trust and safety
šŖ± AI worm breaks ChatGPT security measures
š° Sam Altman is now worth $2B
šµ Micheal Dell 12th richest man, thanks to AI
Read Time: 5 minutes
LEGAL
Our Report: Muskāone of the original OpenAI co-founders and a key, early investorāhas sued OpenAI for breach of contract, claiming that itās using AI to āmaximize profitsā not āfor the benefit of humanityā, which was its original founding mission.
šĀ Key Points:Ā
OpenAI, started as a non-profit in 2015, with Muskāwho invested $44M between 2016 and 2020ābeing one of its biggest investors, but is now a for-profit company.
Musk claims that co-founders (Altman and Brockman) convinced him to bankroll the AI startup, promising him that it would be a nonprofit, focused on the benefit of humanity.
Since it transitioned to a for-profit company and launched its (closed source) ChatGPT model, it received a $10B investment from Microsoft, prompting Muskās lawsuit. Ā
He believes that OpenAI is focused on the commercial interests of Microsoft, breaching the founding agreement which required it to make its technology available to the public.
š¤ØĀ Why you should care: A leaked staff memo from OpenAI chief strategy officer (Jason Kwon) claims that Musk is only suing them because he has āregrets about not being involved with the company today.ā
Is Musk miffed that he didnāt stay on board the OpenAI train, or is he making a valid point? |
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LAYOFFS
Google is laying off 10 members of its 250-strong trust and safety team, which set up AI guardrails, conduct risk evaluations, and predict how bad actors could manipulate its tools.
While some team members are being let go, others are being asked to āwork around the clockā over the weekend, to remedy Geminiās text-to-image tool hallucination issues.
Despite this new batch of layoffs, Google has stated that they are increasing its reliance on its trust and safety, theyāre just doing it with fewer people.
They claim that the redundancies were made to give their employees more opportunities to work on important advances and priorities while reducing bureaucracy.
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SECURITY
Researchers have created an AI worm (called Morris II) that can spread from one system to another, stealing data and spreading malware and spam via an email client.
Morris II targets Gen AI-enabled email assistants on Large Language Models like ChatGPT-4 and Gemini, to steal data from emails and send spam messages.
It uses a text-based self-replicating prompt or embeds a self-replicating prompt within an image file to exploit email systems, breaking through security protections.
Researchers have warned that Morris II could be used to conduct phishing attacks, send spam emails, or spread propaganda, and no software or large language model is safe.
WEALTH
The Bloomberg Billionaires Index has estimated that Sam Altman is worth $2B, but his fortune has nothing to do with OpenAI, as he has no equity in the $86B company.
His wealth primarily comes from his investments in companies like Reddit (which is on the brink of an IPO), Apollo Projects, Helion Energy, and Retro Biosciences.
His financial investments signify his commitment to tech, and his pre-OpenAI days at startup incubatorāY Combinatorāhave laid the foundations for his career in tech.
Despite leaving Y Combinator in 2019, he doesnāt financially benefit from the company, symbolizing his dedication to the impact of AI, over his own, personal gain.
GLOBAL FORTUNE
In the fourth quarter, Dellās stock value increased by 32% propelling Michael Dellās net worth to $104B, making him the 12th-richest person, in the world.
Half of Dellās fortune comes from its PCs (Dell computers) but itās been boosted by the demand for its high-powered servers known for their ability to handle AI workloads.
Dell's fortune comes as others in the AI space see their fortunes skyrocket, with NVIDIA CEO (Jensen Huang) seeing a $28.4B increase and Zuckerberg seeing a $52B increase this year.
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Mar 3, 2024
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