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Elon Musk drops lawsuit against OpenAI

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In today's Techpresso:

🏳️ Elon Musk drops OpenAI lawsuit with no explanation

🪦 Microsoft kills off Copilot GPT Builder after just 3 months

🖼️ Stability AI launches its 'most sophisticated' image generator yet

🚖 Waymo issues second recall after robotaxi hit telephone pole

🚗 EU to impose tariffs on Chinese electric cars

🎁 + 8 other news you might like

🔮 + 0 handpicked research papers and tools

🏳️ Elon Musk drops OpenAI lawsuit with no explanationLINK

  • Elon Musk has dropped his lawsuit against OpenAI and its CEO, Sam Altman, which accused the company of breaching a contract and deviating from its mission to benefit humanity.
  • The case was dismissed without prejudice, meaning Musk can refile it in the future; this decision came just a day before a scheduled hearing on OpenAI's request to dismiss the case.
  • Musk's lawsuit alleged a breached "Founding Agreement" with OpenAI, but the company denied this, asserting there is no binding agreement and claiming Musk sought control by merging it with Tesla.
  • 🪦 Microsoft kills off Copilot GPT Builder after just 3 monthsLINK

  • Microsoft has announced the discontinuation of GPT Builder and is giving users one month to save their data before deletion.
  • GPT Builder, part of Microsoft's Copilot Pro, allowed users to create and customize various GPTs for $20 per month but will no longer be available after July 10.
  • Despite retiring GPT Builder, Microsoft remains focused on enterprise GPT applications and will not adjust Copilot Pro subscription fees or hand the project over to the community.
  • 🖼️ Stability AI launches its 'most sophisticated' image generator yetLINK

  • Stability AI launched Stable Diffusion 3 Medium, described as its "most advanced text-to-image open model yet," featuring 2 billion parameters for photorealistic output on consumer systems.
  • The new model overcomes common artefacts in hands and faces, accurately understands complex prompts, and enhances typography through Diffusion Transformer architecture.
  • Users can access SD3 Medium via Stability’s API under an open non-commercial license, while commercial usage requires contacting the startup for licensing details.
  • 🚖 Waymo issues second recall after robotaxi hit telephone poleLINK

  • Waymo announced a voluntary software recall after one of its autonomous vehicles crashed into a telephone pole in Phoenix, Arizona, causing no injuries but damaging the vehicle.
  • The recall is being filed with the NHTSA following a software update to 672 vehicles to correct an error that underestimated the damage from telephone poles and updated maps for better path navigation.
  • This is Waymo’s second recall ever and comes amid heightened regulatory scrutiny of the driverless vehicle sector, with federal probes into numerous incidents involving autonomous vehicles.
  • 🚗 EU to impose tariffs on Chinese electric carsLINK

  • The European Commission will impose additional tariffs of up to 38.1% on Chinese electric vehicles starting July, citing excessive subsidies, prompting a stern response from Beijing.
  • The tariffs, ranging from 17.4% to 38.1%, will add billions of euros in costs for Chinese carmakers and are expected to be finalized by November 2, potentially applied retroactively.
  • European automakers face increased competition from cheaper Chinese EVs, while China's auto industry remains confident it can manage the impact, though potential Chinese retaliation remains a concern.
  • Other news you might like

    WeWork emerges from bankruptcy, announces John Santora as new CEO.LINK

    Google engineer says OpenAI set back AI research progress by 5-10 years.LINK

    It’s time to BeAcquired for €500 million.LINK

    DeepMind unveils virtual rat with artificial brain.LINK

    X makes Likes private starting this week to help users avoid backlash for what they like.LINK

    Nvidia CEO has a no one-on-one meetings rule for his 55 direct reports.LINK

    Why Apple is taking a small-model approach to generative AI.LINK

    New algorithm discovers language just by watching videos.LINK

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