OpenAI boss Sam Altman is reportedly suing embattled developer Troon Pacific over shoddy workmanship that allegedly includes defects in pool waterproofing and the so-called “Batcave.”
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OpenAI CEO and billionaire Sam Altman files lawsuit against embattled San Francisco developer who built the $27 million Lombard Street building he purchased in 2020 ) residence, slamming the property as “poor workmanship.”
The lawsuit was filed in San Francisco Superior Court on June 12 on behalf of plaintiff 950 Lombard LLC, san francisco standard reported on Tuesday. According to public records, Sam Altman is the current resident of 950 Lombard Street. Project Apollo, an investment company led by Altman and his brother Jack Altman, is also registered at this address.
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The lawsuit alleges that Troon Pacific and CEO Greg Malin knowingly sold a home with “poor workmanship” before the problems were fixed before the sale. The lawsuit seeks unspecified damages, including interest and attorney fees.
The property, once one of the most expensive listings in the city, has suffered from construction issues throughout since it was purchased in March 2020 – flaws in the pool waterproofing design and installation that resulted in flooding, downed pipes and improperly installed unaddressed pipes of sewage, and bags of sewers stuffed with unpaid contractors.
The $27 million Russian Hill mansion will cost Altman more than $4 million to restore.
As the company tells clients, Altman expected “luxurious aesthetics and cutting-edge functionality” when he moved into the property. Architectural Digest’s tour of the home showed Alton a private garden with century-old olive trees, a car garage “carousel” emerging from a “batcave” tunnel, and an infinity pool with bay views .
according to San Francisco Standard, Altman’s lawsuit is just another in a long line of legal battles against Troon Pacific over poor workmanship. This year alone, the company has disbursed more than $48 million to investors who financed and sold four luxury properties. Troon Pacific brought in millions of dollars in expenses, but only two homes were completed.
Ultraman did not encounter the “Batcave” tunnel as he expected, but a tunnel for repairs and money-sucking.
In the long term, OpenAI plans to move to aligned and steerable models, such as moving from GPT-3 to InstructGPT and ChatGPT. The goal is to transform while avoiding the risk of abuse and social disruption.
