Home ยป Elon Musk Seeks Court Order to Halt OpenAI Restructuring Plan into For-Profit Company

Elon Musk Seeks Court Order to Halt OpenAI Restructuring Plan into For-Profit Company

Elon Musk has filed a petition with the federal court in the United States to request an injunction to transform OpenAI from a non-profit organization to a for-profit company. Musk’s legal team stated that OpenAI is benefiting from Microsoft and has issued instructions prohibiting current investors from investing in other AI companies, which is seen as anti-competitive.

Prior to this, Elon Musk was already involved in a lawsuit against OpenAI for breach of contract and relationship issues with Microsoft.

OpenAI’s spokesperson responded to this lawsuit, claiming that it is another attempt by Musk to baselessly refile the same untrue allegations.

Source: CNBC

TLDR: Elon Musk requests court injunction to change OpenAI to for-profit, amid ongoing legal battle with allegations of anti-competitive behavior and breach of contract.

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