174 | 🫨⚖️ Read the Complaint: Elon Musk Sues OpenAI

In today’s Brainyacts:

1. Elon suing OpenAI

2. Microsoft Copilot for Finance walk thru

3. Plenty of OpenAI news today plus other news

4. China makes worlds first AI copyright ruling and other AI-related content

👋 to new subscribers!

To read previous editions, click here.

Lead Memo

🫨⚖️ Elon Musk Sues OpenAI

Discovery in this case (if it makes it that far) will be a treasure trove of insight into corporate structure, Microsoft dealings, OpenAI AI models and tech, and how close we are to AGI (autonomous AI).

Here are some key points:

• Elon is alleging breach of contract, promissory estoppel, breach of fiduciary duty, unfair competition, and accounting claims against the defendants

• The complaint alleges that OpenAI, Inc. breached the founding agreement by licensing its technology exclusively to Microsoft, keeping the internal design of its latest model secret, and shifting its focus towards profit rather than the benefit of humanity.

• OpenAI, Inc. was founded with the mission to develop AGI for the benefit of humanity, not for a for-profit company seeking to maximize shareholder profits.

• Elon states GPT-4 is considered an early version of an artificial general intelligence (AGI) system. OpenAI has disagreed with this characterization before this complaint.

• The complaint also claims that OpenAI, Inc.'s corporate structure has become more complex and that the new board lacks the technical expertise and independence to fulfill the non-profit mission.

I would write more but the complaint is too good - you should just read it!

Click here for the complaint.

To watch some of the coverage:

Spotlight

🧮 🥰 Microsoft’s Copilot for Finance

Microsoft’s ‘Copilot for Finance’ aims to revolutionize the spreadsheet with AI.

Here is a short Twitter/X thread on how to use it.

AI Model Notables

OpenAI Legal Mini-section:

Given all the legal actions taking place at OpenAI, I created this mini-section;

• OpenAI and Microsoft are sued by three more publishers

• US SEC probes whether OpenAI  investors were misled by CEO

• OpenAI wins order blocking tech entrepreneur's 'Open AI' website

• Want a legal job at OpenAI? Senior AI Product Counsel

Non-Open AI Legal Notables:

► Microsoft investigates reports of disturbing responses from Copilot

► OpenAI and humanoid AI robot maker Figure announce partnership

► Adobe reveals a GenAI tool for music

► Apple to ‘break new ground in generative AI’ later this year

► Google is paying publishers to test an unreleased gen AI platform

►Tesla updates its mobile app with AI assistant, highlights non-car products

News You Can Use:

➭ China court says AI broke copyright law in apparent world first

➭ Why our law firm bans generative AI for research and writing

➭ Tumblr’s owner is striking deals with OpenAI and Midjourney for training data – but what data of ours is it selling?

➭ School chiefs struggle to craft AI policies

➭ Gartner predicts search engine volume will drop 25% by 2026, due to AI chatbots and other virtual agents

➭ US and Spain sign joint statement on algorithmic bias in the world of work

➭ Amazon’s Road House reboot is accused of copyright infringement — and AI voice cloning

➭ How Singapore is preparing its citizens for the age AI

➭ President Biden Issues Executive Order to Protect Americans’ Sensitive Personal Data

➭ New legal AI venture promises to show how judges think

Who is the author, Josh Kubicki?

Some of you know me. Others do not. Here is a short intro. I am a lawyer, entrepreneur, and teacher. I have transformed legal practices and built multi-million dollar businesses. Not a theorist, I am an applied researcher and former Chief Strategy Officer, recognized by Fast Company and Bloomberg Law for my unique work. Through this newsletter, I offer you pragmatic insights into leveraging AI to inform and improve your daily life in legal services.