Elon Musk Challenges OpenAI's Shift to For-Profit in Court

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Source: Fortune
Elon Musk Challenges OpenAI's Shift to For-Profit in Court
Photo: Fortune
TL;DR Summary

Elon Musk has filed an injunction in a US court to prevent OpenAI from converting into a for-profit entity and allegedly restricting its investors from funding competitors. Musk, who co-founded OpenAI but left in 2018, argues that the company's shift from a non-profit to a for-profit model under CEO Sam Altman contradicts its original mission. OpenAI, now a major player in AI, is transitioning to a for-profit public benefit corporation to attract more investment, a move Musk opposes, citing potential disadvantages for his own AI startup, xAI.

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