Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Elon Musk Accuses Sam Altman's OpenAI of Misusing Its Nonprofit Status

Author: Bibhu Pattnaik | October 11, 2025 03:27pm

Elon Musk has once again taken aim at OpenAI, an artificial intelligence research organization. Musk accuses the organization of dishonesty and misuse of charity funds.

On Saturday, Musk retweeted a post by Helen Toner, a former OpenAI board member, who expressed mixed feelings about the company’s operations. Musk added his own commentary, stating, “OpenAI is built on a lie.”

Musk responded to a user’s query about OpenAI’s non-profit status, saying, “They stole a charity and used it for their own financial gain.”

This is not the first time Musk has publicly criticized OpenAI. He has previously voiced concerns about AI governance and the transparency of organizations like OpenAI.

Also Read: OpenAI’s Sam Altman Reaches Out to Elon Musk Amid Ongoing Social Media Spat: ‘Let’s Be Friends’

Earlier in September, Musk criticized OpenAI over reports that the company might be planning to convert its non-profit structure into a for-profit entity.

He called such a move “illegal.” This was in response to claims that OpenAI, the creator of ChatGPT, is considering restructuring its core operations as a for-profit benefit corporation.

OpenAI was founded in 2015 as a non-profit organization dedicated to AI research.

Musk’s accusations against OpenAI are significant given his influential position in the tech industry. His concerns about AI governance and the transparency of organizations like OpenAI echo larger debates about the ethical use of AI.

Furthermore, his criticism of OpenAI’s potential move from a non-profit to a for-profit entity raises questions about the motivations and operations of AI research organizations.

As AI continues to evolve, these issues will likely remain at the forefront of discussions about the future of the technology.

Read Next

Here’s How Sam Altman Quietly Replaced Elon Musk as Donald Trump’s Go-To AI Advisor

Image: Shutterstock/Photo Agency

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist