Space News from SpaceDaily.com
Elon Musk asks US court to block OpenAi's for-profit conversion
Washington, Dec 1 (AFP) Dec 01, 2024
Elon Musk has again asked a US court to stop ChatGPT-maker OpenAI from converting into a for-profit enterprise, CNBC reported Saturday.

Attorneys representing the billionaire and his AI startup, xAI, filed the injunction Friday, the financial news site reported.

The injunction also requests that OpenAI be stopped from allegedly barring its investors from funding competing companies.

The move is the latest development in a business feud between OpenAI and Musk, who co-founded the group in 2015 but has since left.

OpenAI has seen its profile skyrocket over recent years as it has become a star player in the growing field of artificial intelligence.

Musk has alleged that OpenAI bars its investors from making investments in rivals -- which would put his own startup at a disadvantage in a sector where billions of dollars are at stake.

OpenAI was founded as a non-profit and has since switched to a "capped" for-profit enterprise.

It is currently seeking to become a for-profit public benefit corporation, which could attract more investment.

After leaving in 2018, Musk said he was uncomfortable with the profit-driven direction the company was taking under the stewardship of CEO Sam Altman.

He filed a lawsuit against the company in March, accusing it of breaking its original non-profit mission to make AI research available to all.

OpenAI argues that Musk's lawsuit, as well as his embrace of open source development for AI, is little more than a case of sour grapes after leaving the company.


ADVERTISEMENT




Space News from SpaceDaily.com
Skimming the Sun, probe sheds light on space weather threats
What Casino Games are Available at 1xBet India and How Many Can You Play?
Astronauts from US, India, Poland, Hungary on SpaceX capsule return to Earth

24/7 Energy News Coverage
Iraq's Kurdistan enjoys all-day state electricity
Nvidia's Huang says China's open-source AI a 'catalyst for progress'
Malaysia clamps down on export, transit of US-made AI chips

Military Space News, Nuclear Weapons, Missile Defense
Ukraine 'shouldn't target' Moscow: Trump
Trump gives Russia 50 days to make Ukraine deal
Pentagon inks contracts for Musk's xAI, competitors

24/7 News Coverage
Underappreciated threat of nanoplastic pollution revealed in Atlantic Ocean study
Deadly China-Nepal flood caused by glacial lake: experts
New UK weather records being set 'very frequently': report


All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.