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- OpenAI Responds to Elon Musk Lawsuit
OpenAI Responds to Elon Musk Lawsuit
Ray Choi
March 06, 2024
Welcome, AI enthusiasts.
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What’s in this week’s issue?
🧠 OpenAI Responds to Elon Musk Lawsuit
📽️ Google alum launches Sora rival
⛅️ Easy Cloud AI News
📰 AI News
🧰 AI Tools
Bible Verses of the Day
20 And they brought the boy to him. And when the spirit saw him, immediately it convulsed the boy, and he fell on the ground and rolled about, foaming at the mouth. 21 And Jesus asked his father, “How long has this been happening to him?” And he said, “From childhood. 22 And it has often cast him into fire and into water, to destroy him. But if you can do anything, have compassion on us and help us.” 23 And Jesus said to him, “‘If you can’! All things are possible for one who believes.” 24 Immediately the father of the child cried out and said, “I believe; help my unbelief!”
25 And when Jesus saw that a crowd came running together, he rebuked the unclean spirit, saying to it, “You mute and deaf spirit, I command you, come out of him and never enter him again.” 26 And after crying out and convulsing him terribly, it came out, and the boy was like a corpse, so that most of them said, “He is dead.” 27 But Jesus took him by the hand and lifted him up, and he arose. 28 And when he had entered the house, his disciples asked him privately, “Why could we not cast it out?” 29 And he said to them, “This kind cannot be driven out by anything but prayer.” [Mark 9:20-29, ESV]
Generated by Midjourney
The OpenAI board has issued a statement dismissing all claims made by Elon Musk in his recent lawsuit (which declares they’ve breached their contractual agreement by pursuing profits instead of the original nonprofit mission, that he originally helped fund).
🔑 Key Points
The board's statement maintains that since its inception in 2015, it has raised less than $45M from Musk, despite his initial commitment to provide as much as $1B in funding.
It argues that transitioning to a for-profit structure was essential to secure the funding and resources needed to develop superior intelligence AI systems.
It claims that Musk agreed with this, but wanted “absolute control” of the company, which OpenAI refuted, feeling that no one person should have full control.
Plus, it used examples of how its technology empowers people in places like Kenya and India to prove its commitment to developing safe AI while promoting wider access to its tools.
🤨 Why you should care: The outcome of the ongoing battle between Musk and OpenAI could have serious ramifications on the direction and pace of AI development and change the balance of power among the key players within the industry.
AI-powered video generation is a hot market on the back of OpenAI’s releasing the Sora model last month. Two DeepMind alums, Yishu Miao and Ziyu Wang, have publicly released their video-generation tool Haiper with its own AI model underneath.
Miao, who was previously working at TikTok in the Global Trust & Safety team, and Wang, who has worked as a research scientist for both DeepMind and Google, started working on the company in 2021 and formally incorporated it in 2022.
Their new AI startup, Haiper, has raised $13.8 million in a seed round led by Octopus Ventures with participation from 5Y Capital. Before that, angels like Phil Blunsom and Nando de Freitas helped the company raise a $5.4 million pre-seed round in April 2022.
Easy Cloud News
Listen or read the following transcript as Ed Welch speaks about an ADHD Diagnosis from James 1.
The following unedited transcript is provided by Beluga AI.
AI News
🥳 Wix’s new AI chatbot builds websites in seconds based on prompts (link)
🔎 Google CEO says Gemini AI diversity errors are ‘completely unacceptable’ (link)
💰️ Accenture to acquire Udacity to build a learning platform focused on AI (link)
🏃 Anthropics Claude 3 lags behind GPT-4 Turbo (link)
🕵️♀️ Tumblr’s owner is striking deals with OpenAI and Midjourney for training data, says report (link)
🦺 AI safety startup raises $150M, led by BlackRock (link)
⌨️ Using generative AI to improve software testing (link)
🗣️ A new way to let AI chatbots converse all day without crashing (link)
AI Tools
🧠 Otio: Helps in summarizing and conversing with your documents and links, enabling you to write, edit, and paraphrase using AI (link)
✉️ lemlist: The only cold outreach tool that helps you reach inboxes and get replies (link)
🗒️ Shortlist: Meet the future of talent acquisition — discover hidden stars by letting your AI conduct first-round interviews (link)
😄 vana: Create a mini “you” that lives in your pocket (link)