Elon Musk files for injunction to halt OpenAI’s transition to a for-profit

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Attorneys for tech billionaire Elon Musk have filed for a preliminary injunction against OpenAI, several of its co-founders, and its investor and close collaborator, Microsoft, to prevent OpenAI and other named defendants from engaging in what Musk’s counsel claims is anticompetitive behavior.

In the motion for an injunction, Musk’s attorneys allege OpenAI is depriving xAI of capital by extracting promises from investors not to fund it and the competition.

Musk has argued in previous suits that he’s been defrauded out of more than $44 million he says he donated to OpenAI by preying on his “well-known concerns about the existential harms” of AI.

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Article Details

Author / Journalist: Kyle Wiggers

Category: Technology

Markets: United States

Topics: Injunction OpenAI Elon Musk AI Sam altman Suit Startups Lawsuit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 20:29:40 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 963 words

Reading Time: 6 minutes read

Sentences: 32 lines

Sentence Length: 31 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 23989903

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