This website collects cookies to deliver better user experience, you agree to the Privacy Policy.
Accept
Sign In
The Texas Reporter
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Elon Musk asks US court docket once more to dam OpenAI’s for-profit conversion
Share
The Texas ReporterThe Texas Reporter
Font ResizerAa
Search
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© The Texas Reporter. All Rights Reserved.
Business

Elon Musk asks US court docket once more to dam OpenAI’s for-profit conversion

Editorial Board
Editorial Board Published December 1, 2024
Share
Elon Musk asks US court docket once more to dam OpenAI’s for-profit conversion
SHARE

Elon Musk asks US court docket once more to dam OpenAI’s for-profit conversion

Elon Musk has once more requested a US court docket to cease ChatGPT-maker OpenAI from changing right into a for-profit enterprise, CNBC reported Saturday.

Attorneys representing the billionaire and his AI startup, xAI, filed the injunction Friday, the monetary information website reported.

The injunction additionally requests that OpenAI be stopped from allegedly barring its buyers from funding competing corporations.

The transfer is the most recent improvement in a enterprise feud between OpenAI and Musk, who co-founded the group in 2015 however has since left.

OpenAI has seen its profile skyrocket over current years because it has change into a star participant within the rising discipline of synthetic intelligence.

Musk has alleged that OpenAI bars its buyers from making investments in rivals—which might put his personal startup at an obstacle in a sector the place billions of {dollars} are at stake.

OpenAI was based as a non-profit and has since switched to a “capped” for-profit enterprise.

It’s presently searching for to change into a for-profit public profit company, which may appeal to extra funding.

After leaving in 2018, Musk mentioned he was uncomfortable with the profit-driven course the corporate was taking below the stewardship of CEO Sam Altman.

He filed a lawsuit towards the corporate in March, accusing it of breaking its authentic non-profit mission to make AI analysis out there to all.

OpenAI argues that Musk’s lawsuit, in addition to his embrace of open supply improvement for AI, is little greater than a case of bitter grapes after leaving the corporate.

What number of levels of separation are you from the globe’s strongest enterprise leaders? Discover who made our brand-new listing of the 100 Most Highly effective Folks in Enterprise. Plus, study in regards to the metrics we used to make it.
TAGGED:asksblockConversionCourtElonforprofitMuskOpenAIs
Share This Article
Twitter Email Copy Link Print
Previous Article Why you must ignore ‘nonsense’ engagement ring rule | Cash Information Why you must ignore ‘nonsense’ engagement ring rule | Cash Information
Next Article Photographer Don Hong-Oai Captured Conventional Chinese language Aesthetics with Imaginary Landscapes of Timeless Magnificence – Design You Belief — Design Day by day Since 2007 Photographer Don Hong-Oai Captured Conventional Chinese language Aesthetics with Imaginary Landscapes of Timeless Magnificence – Design You Belief — Design Day by day Since 2007

Editor's Pick

Sizzling Lady Summer time Begins within the Bathe—Right here’s Learn how to Prep Your Pores and skin

Sizzling Lady Summer time Begins within the Bathe—Right here’s Learn how to Prep Your Pores and skin

We might obtain a portion of gross sales if you buy a product by a hyperlink on this article. Most…

By Editorial Board 8 Min Read
Alpine’s Sizzling Hatch EV Has a Constructed-In, ‘Gran Turismo’ Model Driving Teacher

One other win over its Renault 5 sibling is a multi-link rear…

3 Min Read
Louis Vuitton Is Dropping a New Perfume As a result of It’s Sizzling | FashionBeans

We independently consider all beneficial services and products. Any services or products…

2 Min Read

Latest

“A Family’s Fight to Reclaim Their Legacy”

“A Family’s Fight to Reclaim Their Legacy”

Introduction: For generations, the Wright family has worked and lived…

July 9, 2025

AR Global Inc CEO Kason Roberts Donates to Support Kerrville Storm Victims, Mobilizes Team for Restoration Efforts

Kerrville, Texas — In the aftermath…

July 9, 2025

Bitcoin Tops $109,000 After Senate Passes Trump’s ‘Big Beautiful Bill’ – “The Defiant”

The crypto market posted modest good…

July 9, 2025

Two vital hazard alerts within the June employment report – Indignant Bear

Two vital hazard alerts within the…

July 9, 2025

Simone Biles Thirst Traps in Bikini Amidst Boob Job Hypothesis

Studying Time: 3 minutes Simone Biles…

July 9, 2025

You Might Also Like

Chime’s sticky person base makes it a winner for traders, analyst says
Business

Chime’s sticky person base makes it a winner for traders, analyst says

It’s been lower than a month since Chime Monetary went public, however the neobank is successful over analysts who're already…

6 Min Read
This yr’s Amazon’s Prime Day is essentially the most unpredictable ever due to tariffs and AI
Business

This yr’s Amazon’s Prime Day is essentially the most unpredictable ever due to tariffs and AI

For those who look again 10 years to the primary and authentic Amazon Prime Day gross sales occasion, you may…

5 Min Read
Macron says France and the UK will ‘save Europe’ regardless that Brexit was all about Britain leaving the EU
Business

Macron says France and the UK will ‘save Europe’ regardless that Brexit was all about Britain leaving the EU

French President Emmanuel Macron on Tuesday urged Britain to stay near its neighbors regardless of its exit from the European Union, saying…

8 Min Read
Trump doubles down on Aug. 1 tariff deadline as shares proceed to dip
Business

Trump doubles down on Aug. 1 tariff deadline as shares proceed to dip

Markets prolonged their downward slide on Tuesday as buyers remained cautious concerning the looming tariff deadline, with the S&P 500…

4 Min Read
The Texas Reporter

About Us

Welcome to The Texas Reporter, a newspaper based in Houston, Texas that covers a wide range of topics for our readers. At The Texas Reporter, we are dedicated to providing our readers with the latest news and information from around the world, with a focus on issues that are important to the people of Texas.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© The Texas Reporter. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?