Business
Elon Musk sues ChatGPT-maker OpenAI over Microsoft links

Elon Musk is suing OpenAI, the makers of ChatGPT, arguing it has breached the principles he agreed to when he helped found it in 2015.
The lawsuit – which has also been filed against OpenAI boss Sam Altman – says the firm has departed from its original non-profit, open source mission.
It says instead of trying to “benefit humanity” – as it was set up to do – it is focusing on “maximising profits” for major investor Microsoft.
OpenAI has been approached for comment.
The firm was created with the intention of building what’s known as artificial general intelligence (AGI) – AI that can perform any task a human being is capable of.
It was also set up as a not-for-profit company, meaning it would not aim to make money.
The lawsuit, which has been filed in San Francisco, states it was under these conditions, that Mr Musk agreed to found OpenAI, along with Mr Altman and co-founder Greg Brockman. He left three years later.
“This case is filed to compel OpenAI to adhere to the Founding Agreement and return to its mission to develop AGI for the benefit of humanity, not to personally benefit the individual Defendants and the largest technology company in the world,” the lawsuit says.
The filing comes after the Wall Street Journal reported on Wednesday that US regulators had begun to probe the ChatGPT creator over whether investors had been misled, following boardroom drama at OpenAI in November 2023. It saw Mr Altman suddenly ousted from the board, before being reinstated at the helm several days later.
The board at the time accused Mr Altman of not being “consistently candid in his communications”, and said as a result they had “lost confidence” in his leadership. It was a row Microsoft became deeply embroiled in – including an offer to take on any staff who quit OpenAI.
Mr Musk had said in a post on X – formerly Twitter – that he was “very worried” by the situation. His lawyers now say in this lawsuit that these “stunning developments” highlight Microsoft’s increased influence over the company.
“Its technology, including GPT-4, is closed-source primarily to serve the proprietary commercial interests of Microsoft,” it says.
Microsoft’s initial $1bn backing of OpenAI in 2019 came shortly after the AI firm – previously operating as a non-profit – announced a new “capped profit” structure which would allow investment in it. Microsoft’s investment swelled to a multi-year, multi-billion partnership in January 2023 following the launch of OpenAI’s chatbot, ChatGPT.
The partnership is now being examined by UK, EU and US regulators.
The lawsuit also alleges that details about the design of OpenAI’s most recent AI model, GPT-4, were kept secret. “On information and belief, this secrecy is primarily driven by commercial considerations, not safety,” it says.
Mr Musk announced his own AI start-up called xAI in July 2023, citing its mission as being to “understand reality”. It developed Grok, its own chatbot with a little humor, to try and rival the likes of ChatGPT in November that year.
Mr Musk’s lawyers say, among other desired outcomes of the lawsuit, they want OpenAI to be ordered to continue making information relating to its AI developments available to the public.
Microsoft declined to comment.
(BBC)
Business
Dr RAD Jeewantha named most innovative dentist of the year

Dr. R. A. D. Jeewantha was honoured as the Most Innovative Dentist of the Year at the Business World International Awards, 2025. Organised by the Business World International Organisation, the award ceremony was held recently at the Mount Lavinia Hotel. A graduate of the Faculty of Dental Sciences, University of Peradeniya, Dr. Jeewantha has built a reputation as one of Sri Lanka’s most respected and forward-thinking dental surgeons. After gaining vital experience in Government hospitals, including the Teaching Hospital in Karapitiya, he also served at a leading private hospital before launching his own practice—Doctor J Premium Dental Care in Delkanda, Nugegoda.
His dental clinic is known for offering advanced, patient-focused treatments in restorative dentistry, cosmetic procedures, and implantology, using state-of-the-art technology. Dr. Jeewantha is especially skilled in dental implants, having completed the American Residency Course in Dental Implantology at Roseman University, accredited by the American Academy of Implant Dentistry. Dr. Jeewantha holds fellowships from the International College of Continuing Dental Education (FICCDE) and the Pierre Fauchard Academy (USA). His advanced skills include modern root canal treatments using Mineral Trioxide Aggregate (MTA) for both surgical and non-surgical procedures.
He has completed international trainings in digital dentistry, full-arch implantology techniques like All-on-Four and Zygomatic Systems, and smile design using digital 3D scans. He has participated in global dental events such as the Asia-Pacific Dental Congress and completed training at institutions including the University of Manchester and North Western State Medical University in Russia. His courses have covered everything from intraoral scanning to managing tooth wear. He has previously received many local and international awards. Dr. Jeewantha also serves the community as a Justice of the Peace for All Island.
Business
IIHS Foundation in Biological Studies offers fast-track route to global health careers

The Foundation in Biological Studies at IIHS provides a unique alternative for students looking to fast-track their health careers after their Ordinary Level (O/L) exams. This programme offers a direct route to global health careers, bypassing traditional A/Ls. With over 1,000 students already advancing to universities in Australia, the UK, and Finland, IIHS has positioned the course as a reliable launchpad for careers in fields like medicine, nursing, biomedical sciences, and digital health. “This programme is a game-changer, offering a transformative journey into global healthcare education,” said IIHS CEO Dr. Kithsiri Edirisinghe.
Business
Seylan Bank Reports Strong Growth in Q1 2025 Financials

Seylan Bank has recorded a Profit before Tax (PBT) of LKR 4,199 million in Q1 2025, marking a 13.36% growth compared to LKR 3,704 million in Q1 2024. Profit after Tax (PAT) rose by 20.29%, reaching LKR 2,761 million, up from LKR 2,295 million in the corresponding period of 2024.
Despite a decrease in net interest income by 8.37% due to market interest rate reductions, the bank’s net fee-based income grew by 13.83%, driven by fees from loans, cards, remittances, and other services. Total operating income for the quarter was LKR 11,258 million, a 3.83% decrease from the previous year, while operating expenses rose by 4.62%, largely due to increased personnel and other operating costs.
Impairment charges were significantly reduced by 83.17%, totaling LKR 262 million, reflecting the bank’s solid credit quality and proactive provisions. The bank’s impaired loan ratio improved to 1.98% from 2.10% in Q1 2024, with a provision cover ratio of 80.74%.
Seylan Bank’s total assets grew to LKR 785 billion, with loans and advances reaching LKR 469 billion and deposits totaling LKR 647 billion. The bank’s capital adequacy ratios remained strong, with the Common Equity Tier 1 Capital Ratio at 13.67% and Total Capital Ratio at 17.64%.
In addition to its financial performance, Seylan Bank continued its commitment to education, opening 16 more “Seylan Pahasara Libraries,” bringing the total to 281 libraries across the island.Fitch Ratings upgraded Seylan Bank’s National Long-Term Rating to ‘A+(lka)’ with a Stable Outlook in January 2025, further underscoring the bank’s financial stability and growth trajectory.
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