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Bloomberg Technology

Elon Musk Sues OpenAI and Fisker Shares Plunge

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 1 March 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down Elon Musk's lawsuit against OpenAI and CEO Sam Altman alleging they violated the company's founding mission by putting profit ahead of benefiting humanity. Plus, full earnings coverage with the CEO of EV maker Fisker as shares plunge with the company's survival in doubt.

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Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:34.0

Bloomberg Audio Studios. Podcasts, Radio News.

0:37.0

From the heart of where innovation, money and power collie in Silicon Valley and beyond. This is Bloomberg

0:45.6

Technology with Caroline Hyde at Bloomberg's world headquarters in New York.

1:04.4

And I'm Ed Ludlow in San Francisco.

1:06.6

This is Bloomberg Technology.

1:08.0

Coming up, Elon Musk sues Open AI and CEO Sam Altman, alleging they violated the company's founding mission

1:15.2

by putting profit and a benefiting humanity full coverage ahead.

1:18.7

Plus we'll have full earnings coverage ahead and sit down with the CEO of EV Maker Fiska.

1:25.4

Shares are absolutely plunging and the company's survival is in doubt.

1:30.5

Meanwhile we bring you the takeaways from Mobile World Congress over in Barcelona.

1:34.0

That says smartphone makers, particularly Chinese ones, are touting their AI capabilities.

1:39.0

Where is Apple? When will it join the rivals and debuting that sort of tech?

1:44.0

And let's dig in because we're talking about Edon Musk, how he is suing Open AI and its CEO

1:49.2

Sam Altman, alleging they violated the artificial intelligence start-ups founding mission

1:54.1

by putting profit ahead of benefiting humanity.

...

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