Elon Musk faces fresh insider dealing claim and drops OpenAI lawsuit
- by Sky
- Jun 12, 2024
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Wednesday 12 June 2024 11:18, UK
Image: Technology correspondent
OpenAI may have called Musk's claims "fiction", but he is not the first to question its direction as a company and what it means for the risks associated with AI.
Last year, the board of the company tried to oust Altman over what they said were concerns about the safety risks of AI and, in recent months, a number of high-profile safety leaders left OpenAI.
Some claimed the organisation had prioritised speed of product launches over the safety of the products.
This legal battle may have ended, but challenges to OpenAI's leadership are far from over.
It alleged Mr Musk sold the shares at artificially inflated prices by concealing his plan to use proceeds to buy social media platform Twitter, which he later renamed X.
He was also said to have sold Tesla stock when he knew deliveries of Tesla cars had fallen far below public projections, the lawsuit added.
Mr Musk and Tesla were yet to comment on the action, which further alleged poor governance and inappropriate actions including diverting Tesla employees to work at X and causing Tesla to start paying for advertising on Twitter.
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