Elon Musk is stepping down from the $1 billion AI organization he helped found

Elon Musk is stepping down from the board of a $1 billion AI organisation he helped create. On Tuesday, OpenAI announced that the billionaire entrepreneur is exiting his role at the company to avoid potential conflicts of interest with his work at Tesla. Founded in 2015 with $1 billion in funding, OpenAI is a non-profit organisation focused on research about artificial intelligence technology and on examining its potential social implications and safety risks. It has developed AI capable of playing video games like "Dota 2," and earlier this week co-authored a report looking at how artificial intelligence technology could be abused for malicious purposes, from drone attacks to fraudulent videos. In a blog post published Tuesday, OpenAI said Musk was leaving its board, but will continue to provide funding and advice. "As Tesla continues to become more focused on AI, this will eliminate a potential future conflict for Elon," the post said.