Elon Musk wants to stop OpenAI from becoming for-profit citing antitrust concerns

From Investing.com: 2024-12-01 20:05:12

Elon Musk seeks to halt OpenAI’s transition to for-profit, citing antitrust concerns. Musk’s xAI files injunction to block conversion and prevent blocking of investor participation in competitors. Legal battle escalates as Musk alleges fraud over $44 million donation. OpenAI eyes profit model amid $1.5 billion Softbank investment, discouraging investor competition. Microsoft and NVIDIA among major backers.



Read more at Investing.com: Elon Musk asks court to block OpenAI’s for-profit conversion By Investing.com