Elon Musk Has dismissed his suit from California state court against OpenAI and its two co-founders, Sam Altman and Greg Brockman.
The surprising U-turn from the tech billionaire came just a day after he openly criticised OpenAI and its recent relationship with Apple.
Musk, who was a co-founder of OpenAI in 2015, filed a lawsuit against the company in February, claiming that ChatGPT had abandoned its initial charitable goal in favour of keeping some of its most cutting-edge AI technology exclusive to private clients.
The case requested a jury trial as well as the repayment of any profits made by his co-founders.
“To this day, OpenAI Inc’s website continues to profess that its charter is to ensure that AGI ‘benefits all of humanity’,” Musk claimed in the suit.
“In reality, however, OpenAI Inc has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft.”
Wednesday was set aside for a hearing in San Francisco when the court was to decide whether to grant the defendant’s request to have the case dismissed.
Experts asserted that the lawsuit’s legal basis was dubious because the central contract in the case was not a formal written agreement that all parties to the dispute had signed.
OpenAI countered that Mr Musk had previously backed the idea of a for-profit structure and even suggested a merger with his electric car firm Tesla.
The feud intensified earlier this week after Apple unveiled a partnership with OpenAI to boost its Siri voice assistant and operating systems with OpenAI’s ChatGPT chatbot.
Musk launched his artificial intelligence startup, xAI, last year. The company recently revealed a $6 billion Series B funding round that has Fidelity Management & Research Company, Sequoia Capital, and Andreessen Horowitz among its investors.