Fresh from threatening to ban Apple devices from his company if they adopted AI features like ChatGPT, Elon Musk is now dropping his lawsuit against Open AI amid growing legal pressure from elsewhere.
Elon Musk has moved to drop his lawsuit against ChatGPT developer Open AI after learning he is facing a new investor lawsuit in connection with his sale of Tesla shares.
The tech billionaire, who filed the lawsuit earlier this year, was told by a San Francisco judge that Open AI The lawsuit is dismissed.
He accused the company, which he co-founded, and its CEO, Sam Altman, of abandoning its original mission of developing artificial intelligence for the benefit of humanity, rather than for profit.
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Mr. maskHe runs his own AI venture and has been a vocal critic of the company's use of artificial intelligence (AI), this week Apple's Plans They proposed integrating AI, including ChatGPT, into their devices and suggested banning ChatGPT within their company for security reasons.
He has not yet commented on why he dropped the lawsuit.
Apple plans to integrate AI
It was also revealed Tuesday that Musk is facing a separate lawsuit in Delaware from institutional investors in Tesla.
The Rhode Island Employees' Retirement System (ERSRI) alleged that he and his brother Kimbal, who is a director of the electric vehicle company, improperly sold a combined $30bn (£23.5bn) worth of shares between late 2021 and the end of 2022.
The lawsuit alleges that the company made profits before the events that caused the stock price to fall were made public.
Musk allegedly sold shares at artificially inflated prices while concealing plans to use the money to buy social media platform Twitter, which was later renamed “X.”
According to the lawsuit, he also allegedly sold Tesla shares after learning that deliveries of Tesla vehicles were falling far short of publicly announced forecasts.
Musk and Tesla have yet to comment on the move, which raises further allegations of poor governance and inappropriate conduct, including transferring Tesla employees to X and Tesla beginning to pay for Twitter advertising.
Tesla shareholder Michael Perry filed a similar lawsuit last month alleging insider trading by Musk, who is already under regulatory investigation over his acquisition of Twitter.
News of the lawsuit comes two days before Tesla shareholders are scheduled to vote on whether to reinstate Musk's $56 billion compensation package after a Delaware judge vacated it in January, saying Musk had mismanaged the process.

