Connect with us

Hi, what are you looking for?

HorizonLifeTime.comHorizonLifeTime.com

Tech News

Elon Musk targets OpenAI’s for-profit transition in a new filing

An image of Elon Musk in front of trial scales.
Illustration: Kristen Radtke / The Verge; Image: Getty Images

In a new motion filed late Friday in his lawsuit against OpenAI, Elon Musk’s attorneys have asked for a preliminary injunction to stop OpenAI from transitioning to a for-profit enterprise, reports TechCrunch. They also asked the judge to forbid the company from continuing alleged practices that they say violate US antitrust laws.

Musk’s lawyers claim that because of CEO Sam Altman’s alleged self-dealing, OpenAI “will likely lack sufficient funds to pay damages” if Musk wins the suit. The motion follows reports of OpenAI’s intent to become a for-profit business and that it recently began early talks with regulators to move its structural change forward.

As for antitrust claims, the lawyers say OpenAI and Microsoft “told investors not to…

Continue reading…







    Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.




    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Collaboratively administrate turnkey channels whereas virtual e-tailers. Objectively seize scalable metrics whereas proactive e-services.

    Investing

    Quickly coordinate e-business applications through revolutionary catalysts for change. Seamlessly underwhelm optimal testing procedures processes.

    World News

    Trump is far from ideal, and we need to do all we can to work against the policies he favors that are inimical to...

    World News

    The great free-market classical liberal William Leggett believed that Americans do not need politicians telling us on which days Americans ought to be thankful.